Search results
Results from the WOW.Com Content Network
Beacon Journal readers write about pensions, steel merger, school vouchers and more.
A battle is under way for the future of Ohio’s $94 billion teacher pension fund, as would-be reformers’ attempts to deliver long-promised benefits to retirees with the help of an aggressive ...
Opinion: Long-shot investment strategies that mask taxpayer risks are not the path toward improving teacher benefits. Ohio teachers' pension reforms should not be 'sleight of hand' at expense of ...
The 457 plan is a type of nonqualified, [1] [2] tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre tax or after-tax (Roth) basis.
A 401(k) or IRA account are both popular retirement savings accounts that offer tax advantages such as tax-deferred growth. Pre-tax contributions to traditional 401(k) and IRA accounts are subject ...
The Employee Retirement Income Security Act (ERISA) does not require 403(b) plans to be technically "qualified" plans (i.e., plans governed by U.S. Tax Code 401(a)), but 403(b) plans have the same general appearance as qualified plans. While the option is available it is not known how prevalent or if any 403(b) plan has been started or amended ...
Ontario Teachers' Pension Plan (OTPP) $247 [29] 2022: 1989: Non-commodity United States : California State Teachers' Retirement System (CalSTRS) $282 [30] 2021 1913: Non-commodity Malaysia: Employees Provident Fund: $240 [31] 2023: 1951: Non-commodity Netherlands: Stichting Pensioenfonds Zorg en Welzijn (PFZW, formerly PGGM) $183 [32] (€162 ...
The largest teacher pension system in Ohio wants school districts to pay more, which would cost taxpayers an additional $533 million a year.