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About 500,000 active and retired public employees will pay more for their health and pension benefits, saving New Jersey taxpayers an estimated $120 billion over 30 years in pension costs.
About 500,000 active and retired public employees will pay more for their health and pension benefits, saving New Jersey taxpayers an estimated $120 billion over 30 years in pension costs.
Unfortunately, employer-sponsored retirement benefits have been squeezed in recent years by runaway health plan costs. Employers have a responsibility to take control of their high-cost health...
Connecticut, $48,532. New Jersey, $47,760. Maryland, $47,061. Virginia, $46,758. Massachusetts, $46,265. Retirees looking to keep their costs down ought to consider Arkansas or New Mexico, the two ...
Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.
New Jersey expanded tax exemptions for those receiving between $100,000 and $150,000 in pension and retirement income. (Shutterstock)
According to a county news release, the “unprecedented decision” was made with more than 3,000 Essex County employees’ and retirees’ best interests in mind, and was “an effort to save ...
Politics & Government Public Employee Pensions, Benefits Load New Jersey Debt In the state Treasury Department Fiscal Year 2021 Debt Report released July 1, state debt obligations grew from $204 ...
About 71 million people nationwide — including retirees, disabled people and children — receive Social Security benefits. The average Social Security recipient will get a pay bump of about $50 ...
The online statement provides eligible workers with secure and convenient access to their Social Security earnings and benefit information, and estimates of future benefits they can use to plan...