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National Employment Savings Trust (NEST) is one of the qualifying pension schemes that employers can use to meet their new duties. It was set up as part of the government's workplace pension reforms. Nest is a trust-based defined contribution pension scheme, run by a trustee (Nest Corporation) on a not-for-profit basis.
The U.S. unemployment rate rose by one-tenth of a percentage point from its April rate to 4.0%. The labor force reached a record high at 6,605,000 — total nonfarm jobs set a record high for the ...
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
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 ...
Sep. 20—WILKES-BARRE — For the 11th consecutive month, Pennsylvania's unemployment rate in August remained unchanged over the month at 3.4%. The rate remained well under the U.S. unemployment ...
Jan. 19—WILKES-BARRE — Pennsylvania's unemployment rate was up one-tenth of a percentage point over the month to 3.5% in December. The U.S. unemployment rate was unchanged from November at 3.7%.
In 2009, the total deferral amount, including employee contribution plus employer contribution, was limited to $49,000 or 100% of compensation, whichever is less. The employee-only limit in 2009 was $16,500 with a $5,500 catch-up. These numbers usually increase each year and are indexed to compensate for the effects of inflation.
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