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Since 2001, U.S. statewide pension funds have experienced significant funding challenges due to the recessions of 2001-2002 and 2008-2009. Prior to the Dot-Com Crash, statewide pension funds were over 95.6% funded in the aggregate. In 2002, the funded ratio had declined to 82.1%.
The state comptroller is the chief fiscal guardian of the State of Connecticut.The duties and responsibilities of the state comptroller include, among other things, overseeing state accounting, preparing state financial reports, paying and administering benefits to state employees, settling demands against the state that do not first have to be approved or adjusted by the General Assembly ...
You can make withdrawals using a method such as the 4 percent rule, which involves withdrawing 4 percent of your retirement funds and then adjusting for inflation each subsequent year for 30 years ...
The Connecticut State Board of Education is the governing body of the Connecticut State Department of Education, which oversees the public education in the state, distribute funds to the state's 166 school districts, and operates the Connecticut Technical High School System.
The entrance to the T.R.S. Building on Red River Street in Austin. Teacher Retirement System of Texas (TRS) is a public pension plan of the State of Texas.Established in 1937, TRS provides retirement and related benefits for those employed by the public schools, colleges, and universities supported by the State of Texas and manages a $180 billion trust fund established to finance member benefits.
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 ...
CalSTRS’ investment porftolio performed better than CalPERS and most U.S. pension funds. But it still lost money for 1st time since 2009.
Connecticut Metropolitan Council of Governments (MetroCOG) Greater Bridgeport and Valley MPO: Bridgeport: Matthew Fulda 327,651: 140.2 sq mi (363 km 2) Lower Connecticut River Valley Planning Region: 130: Lower Connecticut River Valley Council of Governments (RiverCOG) (Same) Middletown: Samuel S. Gold 176,215: 424.1 sq mi (1,098 km 2)