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New York State Teachers: $115,637 $115,637 94.2% 7.5% 8 State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 Ohio Public Employees Retirement System: $97,713 $96,304 80.2% 7.5% 12 New Jersey Division of ...
The International Brotherhood of Electrical Workers (IBEW) is a labor union that represents approximately 820,000 workers and retirees [1] in the electrical industry in the United States, Canada, [3] Guam, [4] [5] Panama, [6] Puerto Rico, [7] and the US Virgin Islands; [7] in particular electricians, or inside wiremen, in the construction industry and lineworkers and other employees of public ...
Service Employees International Union (SEIU) 1921 1,901,161 [1] RNs, professional, technical and non-professional health care workers; public employees; janitorial and security employees. 2012: SEIU: American Federation of State, County and Municipal Employees (AFSCME) 1932 1,459,511 Employees of state, county, and municipal governments. 2012 ...
The infusion will raise the pension fund's status to more than 60% funded, up from 34.3% funded as of 2022, according to Tom Lutz, president of the Michigan Regional Council of Carpenters and ...
The State of Michigan Retirement System, which oversees some $143.9 million in pension fund assets for state employees, has invested $6.6 million in the ARK 21Shares Bitcoin ETF, it disclosed in a ...
The Electrical Workers: A History of Labor at General Electric and Westinghouse, 1923-60, University of Illinois Press, 1983, hardcover, ISBN 0-252-01031-0; paperback reprint ISBN 0-252-01438-3; Sears, John Bennett, Generation of Resistance: The Electrical Unions and the Cold War, Infinity Publishing, 2008, paperback, ISBN 0-7414-4868-8
Congress passed the American Rescue Plan in 2021, which created the Special Financial Assistance Program (SFA) to save the Pension Benefit Guaranty Corporation (PBGC), which was failing financially.
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%.