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The accumulated funds in the retirement system trusts are used to pay retirement benefits. The WRS has two funds: the Core Fund, a fully diversified fund, and the Variable Fund, an all-stock fund. [5]
In Pennsylvania, the share of households with people 65 and older and annual incomes of less than $75,000 — an indicator of financial vulnerability — is expected to increase by 17% from 2020 ...
Wisconsin’s OPEB plans are only 22.4 percent funded. Wisconsin, like many others, treats OPEB on a pay-as-you-go basis, whereby benefits are paid when retirees receive the health care.
The average retired-worker benefit at age 70 is $2,038 per month, which is $740 higher than the average benefit at age 62. Social Security benefits depend on several variables.
You can also try claiming your Social Security benefits later, because the monthly benefit will increase up to age 70. You might also consider deferred annuity products that start paying...
Congressional pension is a pension made available to members of the United States Congress. As of 2019, members who participated in the congressional pension system are vested after five years of service. A pension is available to members 62 years of age with 5 years of service; 50 years or older with 20 years of service; or 25 years of service ...