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  2. Pennsylvania State Employees' Retirement System - Wikipedia

    en.wikipedia.org/wiki/Pennsylvania_State...

    By 1994, "Pennsylvania's state pension funds [had] the most active program of in-state investments in the country," according to the Richmond Times-Dispatch, which also noted that Pennsylvania's pension system had "committed $259.5 million to venture capital funds that invest in the state or in out-of-state companies that create jobs in ...

  3. Pennsylvania Public School Employees' Retirement System

    en.wikipedia.org/wiki/Pennsylvania_Public_School...

    The Public School Employees’ Retirement System (PSERS) is a pension fund for public school employees in the Commonwealth of Pennsylvania.Eligible members include all full-time public school employees, part-time hourly public school employees who render at least 500 hours of service in the school year, and part-time per diem public school employees who render at least 80 days of service in ...

  4. Pennsylvania budget impasses - Wikipedia

    en.wikipedia.org/wiki/Pennsylvania_budget_impasses

    The Pennsylvania Constitution requires the adoption of a budget by midnight June 30 each year, the last day in the fiscal year. [5] [6] There were seven consecutive budget impasses in Pennsylvania between 2003 and 2009, with tensions between Democratic Governor Ed Rendell and the Republican-controlled State Senate delaying the passage of annual budgets. [7]

  5. Military pay during a government shutdown: What service ... - AOL

    www.aol.com/military-pay-during-government...

    The government has about 1.3 million active-duty service members and 800,000 National Guard and reservists. The Pentagon is also likely to pause military recruitment and operational planning.

  6. US budget deficit climbs to $367 billion in November on ... - AOL

    www.aol.com/news/us-budget-deficit-jumps-367...

    WASHINGTON (Reuters) -The U.S. government posted a $367 billion budget deficit for November, up 17% from a year earlier, as calendar adjustments for benefit payments boosted outlays by some $80 ...

  7. Pension Benefit Guaranty Corporation - Wikipedia

    en.wikipedia.org/wiki/Pension_Benefit_Guaranty...

    The maximum monthly guarantee for the multiemployer program is far lower and more complicated ($12,870 a year for a participant with 30 years of credited service). [5] In fiscal year 2022, PBGC added 32 more failed single-employer plans. PBGC's inventory was 5,110 plans, and paid $7.042 billion in benefits to 963,097 retirees in those plans.

  8. Mayor Mike Duggan prioritizes retirees, homelessness and ...

    www.aol.com/mayor-mike-duggan-prioritizes...

    The proposed budget includes $1.46 billion for the general fund and $2.76 billion across all funds, which includes one-time spending for the upcoming fiscal year, which will run from July 1 ...

  9. Fiscal year - Wikipedia

    en.wikipedia.org/wiki/Fiscal_year

    In the United States, the federal government's fiscal year is the 12-month period beginning 1 October and ending 30 September the following year. The identification of a fiscal year is the calendar year in which it ends; the current fiscal year is often written as "FY25" or "FY2024-25", which began on 1 October and will end on 30 September.