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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 .
Compass Rose Benefits Group. Compass Rose Benefits Group is an insurance provider that offers health insurance plans for civilian employees and retirees of the United States Intelligence Community, United States Department of Defense, United States Department of State, Department of Homeland Security, and the Department of Veterans Affairs. [1]
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.
For a long time, the Social Security Trustees have been warning that the retirement benefits system is facing some future financial hardships. Specifically, Social Security is paying out more than ...
The American Federation of State, County and Municipal Employees (AFSCME) is the largest trade union of public employees in the United States. It represents 1.3 million public sector employees and retirees, including health care workers, corrections officers, sanitation workers, police officers, firefighters, and childcare providers.
Companies have started trimming back on employee benefits over the past few years as a first-line cost-cutting measure. But that hasn’t gone over well with workers, who highly value their perks...
The National Active and Retired Federal Employees Association (NARFE) is a US-based nonprofit, 501(c)5 membership association dedicated to improving the benefits of active and retired federal employees, their spouses and survivors.
The Employee Benefits Security Administration (EBSA) is an agency of the United States Department of Labor responsible for administering, regulating and enforcing the provisions of Title I of the Employee Retirement Income Security Act of 1974 (ERISA). At the time of its name change in February 2003, EBSA was known as the Pension and Welfare ...
The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families".
MFPE was formed in 2018 by the merger of Montana's two largest labor unions: MEA-MFT and the Montana Public Employees Association (MPEA). Counting 23,000 dues paying members, MFPE is the largest affiliate of the Montana State AFL-CIO, and is one of five merged state affiliates of the National Education Association(NEA) and American Federation ...