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Local leaders are celebrating the long-awaited permanent increase in the rum cover over rate, but the increase is not retroactive and still leaves a $94 million shortfall in funding for ...
State data shows 31,937 members of Illinois’ five pension systems collected $100,000 a year or more in retirement benefits ...
Fact checked by Vikki Velasquez Retirement planning is a critical concern for public-sector workers, yet many are unsure of how to effectively plan for the future. A report from MissionSquare Research ...
Gov. Mike Kehoe on Friday reappointed Claire West of Jefferson City to the Missouri Local Government Employees Retirement System Board of Trustees.
A new report reveals that Tennessee’s highest-paid state employees work not in the governor’s office or state agencies, but ...
State lawmakers passed a slew of bills in both regular and special sessions in 2025 that become laws on July 1.
The average retired career state employee in Illinois was paid $93,558 in pension benefits last year. That’s $24,538 more ...
Public education reforms, a teacher pay increase, government accessibility and the Public Employees’ Retirement System are ...
GERS employees, in contrast, are required to pay 11% of their wages, and government employers are required to pay a 23.5% contribution.
FERS provides a three-part retirement plan for U.S. civilian federal employees. Retirees receive Social Security, Basic Benefit Plan pensions, and Thrift Savings like a 401(k). Full retirement is ...
LOS ANGELES — A former interim chief security officer for the Los Angeles County Employees Retirement Association has been charged with a half-dozen felony counts, including grand theft, the Los ...
About one-quarter of state and local government employees—primarily teachers, along with some police officers, firefighters, and general government workers—do not participate in the program.