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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.
PBGC is a federal corporation that insures the benefits of about 35 million participants in single-employer and multiemployer pension plans. It pays monthly retirement benefits to over 800,000 retirees and has a surplus of over $37 billion as of 2022.
NARFE is a membership association that protects and improves the pay and benefits of active and retired federal employees and their families. Learn about its history, organization, goals, legislative program, and political contributions.
Learn about the retirement system for U.S. civil service employees, which consists of three components: FERS annuity, Social Security, and Thrift Savings Plan. Find out the eligibility, contributions, and benefit calculations for FERS annuity.
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.
Taking into account combined income sources, including savings and Social Security benefits, Americans ages 65 and over spent an average of $57,818 in 2022 — outpacing the median annual income ...
ERISA is a federal law that sets minimum standards for private pension and health benefit plans in the U.S. It was enacted in 1974 to protect plan participants and beneficiaries, and regulate plan fiduciaries, funding, vesting, disclosure, and benefits.
Employee benefits are non-wage compensation provided to employees in addition to their normal wages or salaries. They can be mandated by regulation or discretionary, and include housing, insurance, retirement, tuition, leave, and other benefits.
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