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  2. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    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 .

  3. Michigan Office of Retirement Services - Wikipedia

    en.wikipedia.org/wiki/Michigan_Office_of...

    The Michigan Office of Retirement Services (ORS) administers retirement programs for Michigan 's state employees, public school employees, judges, state police, and National Guard. ORS also provides various retiree healthcare benefits, including traditional insurance plans, Personal Healthcare Funds, and Health Reimbursement Accounts.

  4. Civil Service Retirement System - Wikipedia

    en.wikipedia.org/wiki/Civil_Service_Retirement...

    Civil Service Retirement System. The Civil Service Retirement System ( CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government.

  5. Should I Stick With My Workplace Retirement Plan? - AOL

    www.aol.com/finance/heres-why-retirees-sticking...

    DC plans differ from defined-benefit (DB) plans, or pension plans, which are managed by a professional and guarantee income in retirement. Defined-contribution plans may require an employee...

  6. 'Stick to the plan': Readers weigh in on early retirement - AOL

    www.aol.com/finance/stick-plan-readers-weigh...

    Kerry: More than two decades ago, employers began to quit offering traditional defined-benefit pensions and substituted 401(k) retirement plans that employees contributed to themselves...

  7. More people are turning 65 this year than ever before. That ...

    www.aol.com/more-people-turning-65-ever...

    With defined benefit pensions, the burden of saving and investing for retirement falls on the employer, not on employees.

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