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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 .
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.
The Los Angeles County Employees Retirement Association (LACERA) is an independent Los Angeles County agency that administers and manages the retirement fund for the County and outside Districts (Little Lake Cemetery District, Local Agency Formation Commission for the County of Los Angeles, Los Angeles County Office of Education, and South ...
Thousands of North Carolina teachers and state employees will be getting a different insurance company to administer their health plan starting in 2025, the state treasurer announced Wednesday.
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Metropolitan Transportation Authority. The Metropolitan Transportation Authority (MTA) provides local and express bus, subway, and commuter rail service in Greater New York, and operates multiple toll bridges and tunnels in New York City. Overview.
Legislative director for CalPERS retiree group says members want an inquiry into data breach that exposed their personally identifiable information.
A music producer files a lawsuit alleging Combs sexually assaulted him and forced him to have sex with prostitutes. The lawsuit gives a long list of potentially illegal activities dealing with ...
Worcester Telegram reporters George Barnes, Elaine Thompson, Bill Doyle and Nick Kotsopoulos all announced retirements this week. (Neal McNamara/Patch) WORCESTER, MA — The Worcester Telegram and ...
The Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. Tooltip Public Law (United States) 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry.