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The New York State Common Retirement fund is a public pension plan for the employees of New York State government. As of 2018, it is the third largest public pension plan in the nation, and holds $207.4 billion in assets.
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.
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
But a new report shows that retiring comfortably in one state can can cost nearly twice as much as another. That means a 65-year-old retiree who lives to be 85 might need — get this — an...
Starting next year, retirees must start taking required minimum withdrawals, or RMDs, from their tax-advantaged retirement accounts when they turn 73. That's up from 72 this year. That will bump ...
NEW YORK — A new package of New York laws will help volunteers and first-responders who aided the 9/11 rescue efforts access their pension and health benefits, state officials said.
Albany, NY, based Investment company New York State Teachers Retirement System (Current Portfolio) buys EPAM Systems Inc, Tandem Diabetes Care Inc, Builders FirstSource Inc, Coterra Energy Inc ...
New York State United Teachers (NYSUT) is a 600,000-member New York state teachers union, affiliated since 2006 with the American Federation of Teachers (AFT), the AFL–CIO, and the National Education Association (NEA). NYSUT is an umbrella group which provides services to local affiliates in New York state; lobbies on the local, state and ...
A bill passed by the New York State Assembly would allow thousands of state employees the permanent option of working from home. (Shutterstock)
Administers the New York State and Local Retirement System for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers; Prescribes and maintains the state's accounting system and administers the State's approximately $16.7 billion payroll;