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Arkansas - Arkansas currently has six retirement systems which cover most employees at the state and local level: Judicial Retirement, Public Employees Retirement, State Highway Employees Retirement, State Police Retirement, District Judges Retirement, and Teacher Retirement.
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 Employee Retirement Income Security Act of 1974 ( ERISA) ( Pub. L. 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. It contains rules on the federal income tax effects of transactions ...
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.
Social Security benefits will likely play an important part in your retirement income. After all, nearly nine out of 10 people aged 65 and older were receiving benefits as of June 30, 2023.
Transparency of information is a big part of adopting a consumerist approach to benefits. Employees are hungry for information about cost and other variables.
The latest Trustees Report indicates the Social Security retirement trust fund will run out of cash by 2033 if Congress doesn't do anything. That could lead to some big changes in the near...
The administration wanted to move about 2,600 county government retirees 65 and older into the Aetna Medicare Advantage plan as of April 1. Those who declined to enroll in the new plan would be ...
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.
Given these issues, it might be a good idea to reduce your dependence on Social Security and take charge of your own retirement — here are a few ways you can do that. Secure your retirement fund