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  2. Michigan Office of Retirement Services - Wikipedia

    en.wikipedia.org/wiki/Michigan_Office_of...

    To receive the benefit, applicants must have reached age 55, separated from service, and have served a minimum of 19 years, 6 months and 1 day of active service in the State Defense Forces and Michigan National Guard. The benefit is paid at the rate of $600 annually, or $50 per month. Michigan Public School Employees' Retirement System

  3. Los Angeles County Employees Retirement Association

    en.wikipedia.org/wiki/Los_Angeles_County...

    LACERA was established on January 1, 1938, following passage of the County Employees Retirement Law of 1937 (CERL), which mandates LACERA to pay for the defined retirement benefits of Los Angeles County employees and their beneficiaries. In 1971, LACERA began administering a retiree healthcare benefits program. Management

  4. Here’s the average Social Security benefit for retirees right ...

    www.aol.com/finance/average-social-security...

    The estimated average monthly benefit for all retired workers in January 2024 was $1,907. Using 2000-2024 estimates, the annual hike in the average monthly benefit of all retired-worker ...

  5. Nortel Retirees and former employees Protection Canada

    en.wikipedia.org/wiki/Nortel_Retirees_and_former...

    On February 8, 2010, NRPC announced it reached an agreement (awaiting court approval) with Nortel in which Nortel would advance $57 million to fund medical and life insurance benefits for some Canadian pensioners and their survivors, and provide long-term disabled employees with wage-replacement, medical and life insurance benefits until ...

  6. Employee Retirement Income Security Act of 1974 - Wikipedia

    en.wikipedia.org/wiki/Employee_Retirement_Income...

    Employee Retirement Income Security Act; Long title: An Act to provide for pension reform. Acronyms (colloquial) ERISA: Nicknames: Employee Benefit Security Act: Enacted by: the 93rd United States Congress: Effective: September 2, 1974: Citations; Public law: 93-406: Statutes at Large: 88 Stat. 829: Codification; Acts amended: Employees ...

  7. Joliet Spent $2M For Retiree Payouts In 2020: Patch Analysis

    patch.com/illinois/joliet/joliet-spent-2m...

    Learn more here. Joliet Spent $2M For Retiree Payouts In 2020: Patch Analysis - Joliet, IL - Joliet Patch crunched the data to determine how much was spent for unused vacation, sick banks and...

  8. Employees' Old-Age Benefits Institution - Wikipedia

    en.wikipedia.org/wiki/Employees'_Old-Age_Benefits...

    The Employees' Old-Age Benefits Institution (EOBI) ( Urdu: ادارہِ مراعاتِ معمّر ملازمین) is the pension, old age benefits and social insurance institution of the Government of Pakistan. It operates under the control of Ministry of Overseas Pakistanis and Human Resource Development. [1] It came into formation in 1976 ...

  9. Riverside County Approves Pay Raises, Benefits For Employees

    patch.com/california/banning-beaumont/riverside...

    RIVERSIDE COUNTY, CA — The Board of Supervisors Tuesday approved two collective bargaining agreements totaling nearly $60 million, securing pay raises and making other benefits adjustments for ...

  10. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    t. e. Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns.

  11. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    Federal Employees Retirement System. The Federal Employees' Retirement System ( FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2]