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By 1994, "Pennsylvania's state pension funds [had] the most active program of in-state investments in the country," according to the Richmond Times-Dispatch, which also noted that Pennsylvania's pension system had "committed $259.5 million to venture capital funds that invest in the state or in out-of-state companies that create jobs in ...
The purpose of these two 1980s-era programs was "so that there was no way you could 'double dip' into both a federal pension and Social Security," explains Jill Schlesinger, CBS News business analyst.
In a move that could significantly impact the retirement income of millions of Americans, a bipartisan group of U.S. lawmakers is pushing to repeal a set of Social Security rules that reduce ...
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Pensioners' Party or Party of Pensioners is a name commonly adopted by political organizations composed primarily of people who have a pension (generally elderly retirees) and who are interested in issues affecting their demographic group. However, while some political parties appeal predominantly or significantly to elderly voters in terms of ...
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 ...
Lewis became an activist after the Multiemployer Pension Reform Act of 2014 threatened massive cuts to pensions plans. [8] He volunteered to organize and advocate on behalf of his fellow union workers and retirees, working with public officials and the Pension Rights Center to enact counter-legislation to the 2014 benefit cuts. [ 8 ]
Labor Management Relations Act, 1947; Long title: An Act to amend the National Labor Relations Act, to provide additional facilities for the mediation of labor disputes affecting commerce, to equalize legal responsibilities of labor organizations and employers, and for other purposes.