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Want to know how your state is managing its pension and retirement promises? Or how much employees have to contribute toward their pension and retirement benefits? Select a state to see a snapshot of your state's retirement system.
Pension Basics
There is important information that anyone with a pension should know so they are equipped to understand the benefit -- and the system that is providing it.
Pension Basics: How Pension Benefits Are Calculated
Pension benefits are typically a fixed monthly payment in retirement that is guaranteed for life. Some pension benefits grow with inflation. Other pension benefits can […]
If you’re like most public workers, you probably have to work five to seven years before you can qualify for any pension benefits. Reaching this […]
Pension Basics: The Pension Funding Formula
How does a state, or the fund administering pension benefits, make sure it will be able to pay promised retirement income to public workers when […]
Most public workers in America are enrolled in a pension plan. For those who work a full career in education, public safety, or other state […]
The latest pension & retirement news
The global rout of financial markets this year is putting pressure on state and local government pension funds in the U.S., many of which were […]
Source: Market Watch
New Jersey Pension Fund, Trenton, sustained a negative return of more than 13% from the beginning of its fiscal year on July 1 through Monday, […]
Source: P&I Online
Download The Report | National Survey on Teachers’ Retirement Perspectives (PDF) The shortfall in funding for teacher pension systems has grown to around $700 billion […]
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