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Long Island Business News - Verizon retirees sue to protect their pensions - June 17, 2011; Times Ledger - Doug retiree battles on to keep BellTel benefits - June 22, 2011; Syosset Jericho Tribune - Fighting for Retiree Benefits for 15 Years - September 2, 2011
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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.
The United States is hitting "peak 65" this year, with 4.1 million baby boomers reaching this retirement age.Unfortunately, much of this silver tsunami does not have adequate retirement savings ...
The rankings below are the 30 largest public pension plans in the U.S., according to the 2018 list compiled by Pensions & Investments. [1] Because this information is now several years old, the numbers and rankings may no longer be entirely accurate.
If you haven't yet applied for your NJ ANCHOR benefit, the New Jersey Department of Taxation advises that you can still do so online. "Most homeowners may file online with an identification number ...
The Murphy administration and the Legislature must stop crossing their fingers that the pension funding crisis will grow itself out of the problem. New Jersey’s pension fund is crossing the ...
The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...