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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.
Now the ban on Maturo's double-dipping could be erased if Gov, Dannel P, Malloy, a Democrat, signs Senate Bill 704, "An Act Concerning Reemployment and the Municipal Employees' Retirement...
Scanlon recently established a working group to address surges in the Connecticut Municipal Employees Retirement System. Some municipalities are experiencing a surge in pensions costs.
First Selectman Dan Steward had a simple message for the state legislature Tuesday: have municipal employees pay more for their retirements, and have the taxpayers pay less.
When Maturo was re-elected to mayor in November 2011, at an annual salary of $75,000, the Connecticut Municipal Employee Retirement System (CMERS) cut off his disability pension, estimated at more than $40,000 annually, as Maturo was employed full-time as mayor.
Waterford Board Complains of "Ridiculous" Municipal Retirements - Waterford, CT - Board sends letter to state asking legislators to change the retirement benefits of municipal employees.
Any changes to the town’s current retirement plans would be subject to collective bargaining for the vast majority of the town’s employees. The cost-benefit analysis will look at several...
The Ontario Municipal Employees Retirement System (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario. OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provincial statute to administer retirement benefits and manage pension investment funds of local government ...
Town Hall, Library Employees Get Four-Year Contracts - Hamden, CT - The agreements include the provision that newly-hired employees will be placed in a 401k-style retirement plan beginning...
Trumbull's Town Council Legislation and Administration Committee approved the first step in adopting a more cost effective employee post-retirement benefit program. Roy Fuchs , Community...