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The Public School Employees’ Retirement System (PSERS) is a pension fund for public school employees in the Commonwealth of Pennsylvania.Eligible members include all full-time public school employees, part-time hourly public school employees who render at least 500 hours of service in the school year, and part-time per diem public school employees who render at least 80 days of service in ...
The Illinois Municipal Retirement Fund (or IMRF) is the second largest and best-funded public pension system in Illinois.Since 1941, has partnered with local units of government to provide retirement, disability and death benefits for public employees.
The second pillar offers old age pensions. Some of the pension funds also provide benefits in case of disability and to the next of kin in case of premature death. The funds in the second pillar can be used before retirement to buy a principal home, to start an independent activity, or when leaving Switzerland permanently. [1]
The Uganda Retirement Benefits Regulatory Authority (URBRA) is a government-owned, semi-autonomous agency responsible for regulating, licensing, supervising, and controlling the retirement sector in Uganda, the third-largest economy in the East African Community. The authority is also responsible for issuing guidelines to allow the ...
Employees hired after 1983 are required to be covered by the Federal Employees Retirement System (FERS), which is a three tiered retirement system with a smaller defined benefit (pension), Social Security, and a 401(k)-style system called the Thrift Savings Plan (TSP). The defined benefits of both the CSRS and the FERS systems are paid out of ...
The Indiana State Teachers’ Retirement Fund (TRF) was created by the Indiana General Assembly in 1921. Today, TRF manages and distributes the retirement benefits of educators in all public schools , as well as some charter schools and universities, throughout Indiana.
In the years before the Second World War, the retirement systems of the United States military were highly varied between the different branches of service.In 1916, the military instituted new "up or out" policies, forcing the retirement of members who were not selected for promotion in a prescribed amount of time.
The Teachers' Retirement Fund is a special trust fund established by law that holds the assets of the following programs: Defined Benefit; Defined Benefit Supplement; Cash Balance Benefit; The assets come from contributions by members, employing school districts, investment earnings and appropriations from the State of California's General Fund ...
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