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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.
2023 Layoffs: On March 22, 2023, Indeed announced that they would be laying off 2,200 employees, stated to be 15% of their workforce. 2024 Layoffs: On May 13, 2024, Indeed laid off approximately 1,000 employees Monday, or about 8% of the company. Indeed CEO Chris Hyams announced on May 13 in a letter to employees, a move driven in part by “a ...
As of June 30, 2022, the System had nearly 248,000 active, 247,000 retired, and 27,000 vested inactive members, with an estimated annual active payroll of $14.7 billion. The annuitant membership as of June 30, 2022 is over 247,000 retirees and beneficiaries who receive over $542 million in pension and healthcare benefits each month.
The number of workers who plan to work full time beyond age 62 dropped to 46%, down from 55% four years ago. Only 31% of workers expect to work beyond 67, down from 36% in 2020. Nearly two ...
The Civil Service Retirement System ( CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government.
The Metropolitan Transportation Authority (MTA) provides local and express bus, subway, and commuter rail service in Greater New York, and operates multiple toll bridges and tunnels in New York City. The Metropolitan Transportation Authority ( MTA) is a public benefit corporation responsible for public transportation in the New York City ...