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  2. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...

  3. List of largest pension schemes in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_pension...

    Ohio Public Employees Retirement System: $97,713 $96,304 80.2% 7.5% 12 New Jersey Division of Investment: $80,486 $76,361 N/A N/A 13 Virginia Retirement System:

  4. Pensions in the United States - Wikipedia

    en.wikipedia.org/wiki/Pensions_in_the_United_States

    Contents. Pensions in the United States. Average balances of retirement accounts, for households having such accounts, exceed median net worth across all age groups. For those 65 and over, 11.6% of retirement accounts have balances of at least $1 million, more than twice that of the $407,581 average (shown). Those 65 and over have a median net ...

  5. Letters: A wrong decision could be costly for State Teachers ...

    www.aol.com/letters-wrong-decision-could-costly...

    The ongoing conflict surrounding the State Teachers Retirement System of Ohio has reached a dangerous state with investigations, claims of fiduciary negligence and a lack of trust in the system ...

  6. Corporate raiders want to turn Ohio teachers' pension fund ...

    www.aol.com/corporate-raiders-want-turn-ohio...

    May 15, 2024; Columbus, Ohio, USA; A sign hangs outside The State Teachers Retirement System of Ohio board meeting. The state's second largest public pension fund, oversees about $90 billion ...

  7. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    Individual retirement account (IRA) Public employee pension plans in the United States; 401(k) 403(b) - Similar to the 401(k), but for educational, religious, public healthcare, or non-profit workers; 401(a) and 457 plans - For employees of state and local governments and certain tax-exempt entities

  8. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    e. Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns.

  9. Thrift Savings Plan - Wikipedia

    en.wikipedia.org/wiki/Thrift_Savings_Plan

    Thrift Savings Plan. TSP logo. The Thrift Savings Plan (TSP) is a defined contribution plan for United States civil service employees and retirees as well as for members of the uniformed services. As of December 31, 2023, TSP has approximately 7 million participants (of which approximately 4.1 million are actively participating through payroll ...

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