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  2. Retirement - Wikipedia

    en.wikipedia.org/wiki/Retirement

    Retirement is the withdrawal from one's position or occupation or from one's active working life. A person may also semi-retire by reducing work hours or workload. Many people choose to retire when they are elderly or incapable of doing their job due to health reasons. People may also retire when they are eligible for private or public pension benefits, although some are forced to retire when ...

  3. Here’s What It Costs To Retire Comfortably In New Jersey

    patch.com/new-jersey/ridgewood/here-s-what-it...

    Here’s the breakdown for New Jersey. Estimated yearly retirement costs: $47,760. Average yearly earnings for 65+ households: $28,773 (14th highest) Average yearly homeownership costs for seniors ...

  4. CalPERS - Wikipedia

    en.wikipedia.org/wiki/CalPERS

    calpers.ca.gov. The California Public Employees' Retirement System ( CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families". [3] [4] In fiscal year 2020–21, CalPERS paid over $27.4 billion in retirement benefits, [5 ...

  5. Other postemployment benefits - Wikipedia

    en.wikipedia.org/wiki/Other_postemployment_benefits

    Other postemployment benefits (or OPEBs) is a term used in the United States to describe the benefits that an employee begins to receive at the start of their retirement. These benefits do not include the pension paid to the retired employee. [1] ". Other postemployment benefits" were originally intended to be an important source of ...

  6. Signed and Sealed: Gov. Christie Signs Pension, Healthcare ...

    patch.com/new-jersey/middletown-nj/signed-and...

    New Jersey spends $4.4 billion annually on public employees and retiree health care costs, with the cost of health benefits making up 9% of the State’s budget today.

  7. Medicare (United States) - Wikipedia

    en.wikipedia.org/wiki/Medicare_(United_States)

    Medicare is a federal health insurance program in the United States for people age 65 or older and younger people with disabilities, including those with end stage renal disease and amyotrophic lateral sclerosis (ALS or Lou Gehrig's disease). It was begun in 1965 under the Social Security Administration and is now administered by the Centers ...

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