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The legislation primarily affects the following areas: collective bargaining, compensation, retirement, health insurance, and sick leave of public sector employees. In response, unions and other groups organized protests inside and around the state capitol.
Wisconsin Physicians Service Insurance Corporation (WPS Health Solutions) is a not-for-profit service insurance corporation based in Madison, Wisconsin. WPS offers health insurance plans for groups and individuals and benefit plan administration for businesses.
Individual accounts and benefits under the Wisconsin Retirement System (WRS) are managed by the Department of Employee Trust Funds (ETF). Contributions made to the WRS by employees and their employers are invested by the Investment Board. The accumulated funds in the retirement system trusts are used to pay retirement benefits.
Wisconsin boasts one of the least complicated retirement systems in the country, as essentially all state and local employees fall under the umbrella of the Wisconsin Retirement System...
WI residents should avoid robocalls, emails and unsolicited calls from people trying to sell them health insurance during open enrollment. Ethan Duran , Patch Staff Posted Thu, Nov 11, 2021...
CSRS provided retirement, disability and survivor benefits for most civilian employees in the federal government, until the creation of a new federal agency, the Federal Employees Retirement System (FERS), in 1987.
Analysis shows US couples aged 65-plus need $350,000 in savings to cover health care expenses in retirement — here's why it's so expensive ... the Employee Benefit Research Institute (EBRI ...
The Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. Tooltip Public Law (United States) 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry.
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.
Public employee pension plans in the United States. 401 (k) 403 (b) - Similar to the 401 (k), but for educational, religious, public healthcare, or non-profit workers. 401 (a) and 457 plans - For employees of state and local governments and certain tax-exempt entities.