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By 1994, "Pennsylvania's state pension funds [had] the most active program of in-state investments in the country," according to the Richmond Times-Dispatch, which also noted that Pennsylvania's pension system had "committed $259.5 million to venture capital funds that invest in the state or in out-of-state companies that create jobs in ...
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
The average retired-worker benefit at age 66 is $1,740 per month, which is $442 higher than the average benefit at age 62. The average retired-worker benefit at age 70 is $2,038 per month, which ...
The best place to retire in the United States has been chosen — and it is Harrisburg, Pennsylvania. Harrisburg was awarded first place in the 2024 Best Places to Retire in the U.S. list from U.S ...
The Public School Employees’ Retirement System (PSERS) is a pension fund for public school employees in the Commonwealth of Pennsylvania.Eligible members include all full-time public school employees, part-time hourly public school employees who render at least 500 hours of service in the school year, and part-time per diem public school employees who render at least 80 days of service in ...
Two employees of the Smithtown-based Developmental Disabilities Institute, a not-for-profit agency of service providers for children and adults with autism, received awards at the New York State ...
The Pennsylvania State Education Association (PSEA) represents more than 187,000 teachers, educational support professionals, counselors, curriculum specialists, librarians, health care workers, school nurses, school dental hygienists, school nurses, school psychologists, school social workers, vocational-technical instructors, community college and junior college educators, students and ...