Search results
Results from the WOW.Com Content Network
Francis Thomas Ament (November 17, 1937 - March 10, 2014) was the fourth Milwaukee County Executive, serving from 1992 until his resignation in 2002 amid a county pension scandal. Ament had served as chairman of the Milwaukee County Board of Supervisors from 1976 to 1992.
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 ...
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 ...
Milwaukee County lawmakers approved a benefit package for county employees that included these lavish pension benefits. When taxpayers found out the real cost of these benefits, all hell broke ...
State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 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 ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
In 1947, the Illinois legislature required the IMRF staff to participate as members of the system. Later in that same year, the Illinois legislature mandated participation by all Illinois school districts (except those located in the city of Chicago) and all their employees except those covered by the Teachers' Retirement System of the State of ...
Once passed, the plan could be advanced to the full County Board. In 2000, the head of the County's Human Resources department testified that, according to the Milwaukee's only daily newspaper, the "backdrop benefit cost estimate was done. County pension consultants from Mercer Inc. do not speak up, though say later they knew the remark was ...