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For the year 2008, ODJFS sought federal help concerning Ohio's unemployment insurance trust fund. State officials had stated that the fund was in danger of running out before the end of the year. [9] On December 5, 2008, ODJFS announced that extended unemployment benefit payments will start the week of December 22, 2008. [10]
Michael B. Colbert is the director of the Ohio Department of Job and Family Services (ODJFS), a $20-plus billion agency with nearly 4,000 employees. ODJFS is the largest agency in the state and is responsible for supervising the state's public assistance, workforce development, unemployment compensation, child and adult protective services, adoption, child care, and child support programs.
The retirement fund is a defined benefit type pension plan and was only partially funded by the government, with only $268.4 million in assets and $911 million in liabilities. The plan experienced low investment returns and a benefit structure that had been increased without raises in funding.
“As much as 70 percent of your hard-earned retirement funds can be eaten up by income, estate and state taxes,” says IRA guru Ed Slott, author of the retirement-planning books “Fund Your ...
How To Fund Your Retirement as a Stay-at-Home Parent, According to Rachel Cruze. Laura Beck. January 10, 2025 at 10:01 AM. AleksandarNakic / Getty Images.
The booming U.S. stock market will help keep the dollar expensive as global investors pour money into America, a foreign exchange strategist said. But the politics of any trade deals that the ...
The Public Employees Retirement System (PERS) is the retirement and disability fund for public employees in the U.S. state of Oregon established in 1946. Employees of the state, school districts, and local governments are eligible for coverage. A health insurance plan for covered retirees was added to the program in 1987.
However, alternative assets can help you reduce your reliance on the stock market to grow your retirement fund. Gold. A traditional hedge against inflation is gold. Unlike fiat currencies, the ...