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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 .
Created in 1967 by the Texas Legislature, the Texas County & District Retirement System (TCDRS) works with county and district employers to provide retirement, disability and survivor benefits to Texans. The system receives no funding from the State of Texas.
The Montgomery County Council’s Government Operations and Fiscal Policy committees voted unanimously Thursday to back a proposal to raise county employees’ salaries by up to 3.25 percent.
Now Open: The Grandview Sales Center - Bethesda-Chevy Chase, MD - Erickson Senior Living Taking Retirement Living to Bold New Heights in Montgomery County.
The plan includes an increase of $3.8 million in salary and stipends across all employee groups. Current teachers will receive a 5 percent salary increase, and all other district employees...
Retirement Systems of Alabama is the administrator of the pension fund for employees of the state of Alabama. It is headquartered in the state capital Montgomery, Alabama. David G. Bronner is the chief executive officer .