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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.
GEHA (Government Employees Health Association) is a self-insured, not-for-profit association providing medical and dental plans to federal employees and retirees and their families through the Federal Employees Health Benefits ( FEHB) program and the Federal Employees Dental and Vision Insurance Program (FEDVIP).
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 .
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...
The association represents active Verizon employees regarding retiree issues such as cash balance plan conversions and termination of management pension and healthcare benefits. Official logo of the Association of BellTel Retirees. Corporations have been cutting back on retiree pensions and healthcare coverage.
If you’re retired and receiving Social Security benefits, good news — more money could be on the way! Social Security benefits could increase by as much as $159 a month, per CNBC.
Whether you’re posting flyers around the office or posting bursts of information on social media, there’s a good chance that you’re already marketing your benefits to employees.
Rockland Retirees Succeed In Keeping Benefits Unchanged County lawmakers agreed with retired employees, who worried about a proposal to change their health insurance to a Medicare Advantage...
Every year the Social Security Administration adjusts retirees' benefits amounts by the average increase in inflation during the third quarter of the previous year. The 2024 COLA was 3.2%.
Employer compensation in the United States refers to the cash compensation and benefits that an employee receives in exchange for the service they perform for their employer. Approximately 93% of the working population in the United States are employees earning a salary or wage.