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Learn about the history, types, and funding of public sector pensions in the U.S. at the federal, state, and local levels. Compare the retirement benefits and risks of different plans and systems across the country.
CSRS is a public pension fund for most civilian employees in the US federal government since 1920. It is a defined-benefit plan that does not participate in Social Security, and it has been replaced by FERS for new hires since 1987.
OPERS is a state-sponsored pension system for most Oklahoma state and local government employees. It provides defined benefit and defined contribution plans, and has a portfolio of about 6.5 billion dollars in assets.
Learn about the different types of retirement plans in the U.S., such as defined benefit, defined contribution, and hybrid plans. Find out how they are taxed, regulated, and funded by the Internal Revenue Code and the Employee Retirement Income Security Act.
A pension is a retirement plan offered by employers, which typically provides employees with guaranteed monthly payments when they reach a certain age and stop working. Pensions are funded by the ...
Learn about the history, functions, and plans of ORS, which administers retirement programs for various Michigan public employees and retirees. ORS also provides health benefits, customer education, and fiscal responsibility for over 530,000 customers.
Empower is a subsidiary of Great-West Lifeco that offers retirement plan services to individuals and organizations. It was created in 2014 by combining the record-keeping businesses of Great-West Life, JPMorgan Chase, and Putnam Investments.
Learn about the history, types, and trends of pensions in the US, from veterans' benefits to Social Security to private plans. Compare qualified and non-qualified plans, public and private pensions, and multi-employer plans.
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