Search results
Results from the Go Local Guru Content Network
According to a county news release, the “unprecedented decision” was made with more than 3,000 Essex County employees’ and retirees’ best interests in mind, and was “an effort to save ...
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. The ...
Politics & Government Public Employee Pensions, Benefits Load New Jersey Debt In the state Treasury Department Fiscal Year 2021 Debt Report released July 1, state debt obligations grew from $204 ...
Consider the major impact of a minor employer retirement benefit. Take an entry-level employee who earns $40,000 a year, receives a 3% annual raise, and contributes 5% of her salary to her ...
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
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.
Federal benefit payments up to $943 for an SSI individual and $1,371 for an SSI couple are available from the program. SSI benefits are paid out of the general revenue of the United States of America. Some states supplement the federal amount. Because SSI is needs-based, eligibility is restricted to persons with limited income and resources.
Connecticut, $48,532. New Jersey, $47,760. Maryland, $47,061. Virginia, $46,758. Massachusetts, $46,265. Retirees looking to keep their costs down ought to consider Arkansas or New Mexico, the two ...