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Central Laborers' Pension Fund v. Heinz, 541 U.S. 739 (2004), is a case that was argued in the Supreme Court of the United States on 19 April 2004. The question it presented was whether Section 204(g) of the Employee Retirement Income Security Act contradicts Section 203(a)(3)(B).
Considering a teacher could retire today in their late 50s and receive a guaranteed pension benefit for the next 30-plus years, all while there are fewer active teachers paying into the fund, you ...
Man accused of killing UnitedHealthcare CEO Brian Thompson pleaded not guilty yesterday to state murder and terrorism charges just days after a dramatic return to New York City to face federal ...
This list of largest pension funds in the United States involves two main groups: ... Funded Status FYE 2016 ... New York State Teachers: $115,637 $115,637 94.2%
The Health Insurance Portability and Accountability Act of 1996 (HIPAA) prohibits a health benefit plan from refusing to cover an employee's pre-existing medical conditions in some circumstances. It also bars health benefit plans from certain types of discrimination on the basis of health status, genetic information, or disability.
The Chicago pension fund has provided benefits for public school teachers in the city since 1895. Ward said it has an 8% allocation to private equity and is dropping that back to 5%.
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 Teachers Retirement System of Ohio serves nearly 493,000 active, inactive and retired Ohio public educators. STRS Ohio is one of the largest public pension funds in the country.