Search results
Results from the Go Local Guru Content Network
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.
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 .
Federal Employees Retirement System. The Federal Employees' Retirement System ( FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector.
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 ...
McKeon says that communicating existing benefits to employees helps drive engagement, as does creating a dedicated role.
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).
Here are three smart money moves to make right now. 1. Increase your retirement savings contributions. First off, if you have a 401 (k), consider upping your contributions; if possible, try to ...
A traditional pension plan that defines a benefit for an employee upon that employee's retirement is a defined benefit plan. The most common type of formula used is based on the employee's terminal earnings (final salary).
Offerings of life insurance, pension and retirement plans, mandatory paid time off, and mental health assistance rounded out employees’ top preferred benefits, respectively.
The Association of BellTel Retirees, Inc. advocates for more than 205,000 Bell Atlantic, NYNEX, GTE, MCI, Idearc Media|Idearc/SuperMedia, and Verizon union and management retirees. The association represents active Verizon employees regarding retiree issues such as cash balance plan conversions and termination of management pension and ...