enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Savings from Illinois' pension buyout plan could fall short - AOL

   www.aol.com/news/savings-illinois-pension-buyout...

   Illinois might not be able to bank on all of the $423 million in much-needed pension savings from a buyout plan included in a fiscal 2019 budget that received final approval in the state ...

3. Illinois Municipal Retirement Fund - Wikipedia

   en.wikipedia.org/wiki/Illinois_Municipal...

   The Illinois Municipal Retirement Fund (or IMRF) is the second largest and best-funded public pension system in Illinois. Since 1941, has partnered with local units of government to provide retirement, disability and death benefits for public employees.

4. Illinois pension crisis - Wikipedia

   en.wikipedia.org/wiki/Illinois_pension_crisis

   The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's pension funds have only $96B available for payouts to retirees.

5. 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 ...

6. Illinois’ pension debt to personal income ratio second worst ...

   www.aol.com/illinois-pension-debt-personal...

   (The Center Square) – Illinois’ pension debt compared to personal income is the second worst in the nation. Fitch Ratings reviewed pension funds for public employee retirees from every state ...

7. Illinois quick hits: Illinois public pension debt grows - AOL

   www.aol.com/illinois-quick-hits-illinois-public...

   Illinois public pension debt grows Illinois’ pension situation is getting worse. The Commission on Government Forecasting and Accountability reports the total unfunded liability is 46% with a ...

8. Teachers' Retirement System of the State of Illinois - Wikipedia

   en.wikipedia.org/wiki/Teachers'_Retirement_System...

   Changes from the “Tier I” pension law include raising the minimum eligibility to draw a retirement benefit to age 67 with 10 years of service, initiating a cap on the salaries used to calculate retirement benefits, and limiting cost-of-living annuity adjustments to the lesser of 3 percent or half of the annual increase in the Consumer Price ...

9. Push underway to reform Illinois’ Tier II pension with $5 ...

   www.aol.com/news/push-underway-reform-illinois...

   (The Center Square) – The push is on for Illinois legislators to advance some form of pension reform to address what proponents say are shortfalls in Tier II pensions. Illinois implemented Tier ...