Search results
Results from the WOW.Com Content Network
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 ...
Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
Most provisions of Act 47 initially remained suspended until the termination of the Pennsylvania Intergovernmental Cooperation Act (Section 708 of Act 1991, June 5, P.L. 9, No 6). The cities of Erie and Altoona, among others, have narrowly avoided Act 47 designation.
Nov. 25—There won't be a cost of living adjustment in 2023 for retired Crawford County employees. At Wednesday's meeting of the Crawford County Retirement Board, the county's three commissioners ...
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 ...
Oct. 19—ATLANTA — Attorneys on both sides of an estimated $75-million class action lawsuit regarding the Hall County pension plan argued Tuesday, Oct. 18, on whether freezes to the plan's ...
A Steuben County clerk who allegedly stole more than $1 million from village coffers agreed to give up her pension, the first use of an anti-corruption law.
Local municipalities can be governed by statutes, which are enacted by the Pennsylvania General Assembly, and are specific to the type and class of municipality; by a home rule municipality, under a home rule charter, adopted by the municipality; or by an optional form of government, adopted by the municipality. [3]