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  2. School District Will Save $2M Per Year with Retirement ...

    patch.com/wisconsin/whitefishbay/school-board...

    Faced with rising insurance costs and reduced state aid, the Whitefish Bay School Board approved a plan that would reduce the annual cost of providing retirement benefits by $2 million.

  3. Oak Creek Teachers Object to Possible Retirement Cuts

    patch.com/wisconsin/oakcreek/oak-creek-teachers...

    The district pays about $2 million in retirement costs in its current pay-as-you-go structure, Hamblin said. The new plan would take about eight years to implement, gradually shift money from ...

  4. 2011 Wisconsin Act 10 - Wikipedia

    en.wikipedia.org/wiki/2011_Wisconsin_Act_10

    The 2011 Wisconsin Act 10, also known as the Wisconsin Budget Repair Bill, [1] is legislation proposed by Republican Governor Scott Walker [2] and passed by the Wisconsin Legislature to address a projected $3.6 billion budget deficit. [3] The legislation primarily affects the following areas: collective bargaining, compensation, retirement ...

  5. Congressional pension - Wikipedia

    en.wikipedia.org/wiki/Congressional_pension

    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 ...

  6. Retirement Planning: 5 Ways To Make the Most of Your ... - AOL

    www.aol.com/retirement-planning-5-ways-most...

    One way to lower your overall taxable income in retirement is to shift some of your money from pre-tax retirement accounts — like a 401(k) — to post-tax retirement accounts, like a Roth IRA.

  7. What are the benefits of contributing to a 403(b)? - AOL

    www.aol.com/finance/benefits-contributing-403-b...

    A traditional 403 (b) plan offers several advantages: Pre-tax contributions: Pre-tax contributions reduce your taxable income in the year you contribute. Tax-deferred growth: Your contributions ...

  8. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    Personal finance. 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.

  9. Learning in Retirement of Waukesha Co. to offer new events

    patch.com/wisconsin/waukesha/learning-retirement...

    PEWAUKEE, Wis. (Wednesday, July 3, 2019) – Learning in Retirement of Waukesha County (LIRWC) -- hosted by Waukesha County Technical College (WCTC) -- provides intellectual, cultural and social ...

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