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COLUMBUS, Ohio (WCMH) — The Ohio Police and Fire Pension Fund is headed toward a financial crisis, but Ohio’s municipal leaders said they can’t afford the bailout. There was a proposal at ...
The pension replacement rate, or percentage of a worker's pre-retirement income that the pension replaces, varies significantly across states and benefit tiers within state retirement systems. Whether or not a worker is enrolled in social security can significantly impact how secure a public worker’s retirement is.
The Windfall Elimination Provision affects people who qualify for Social Security benefits through their job but also receive a pension from another job where they didn't pay into Social Security.
This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.
The State Teachers Retirement System of Ohio is facing "a hostile takeover of a public pension by private interests," according to a 14-page anonymous memo that surfaced Wednesday.
The Columbus Division of Police (CPD) is the primary law enforcement agency for the city of Columbus, Ohio, in the United States. It is the largest police department in Ohio, and among the twenty-five largest in the United States. [2] [3] It is composed of twenty precincts and numerous other investigative and support units. Chief Elaine Bryant ...
Ohio Attorney General Dave Yost filed a lawsuit on Tuesday to remove two board members of the State Teachers Retirement System, saying they breached their fiduciary duty to protect the pension fund.
Some members of the State Teachers Retirement System of Ohio really want to know which pension fund employees wrote an anonymous 14-page memo and then dropped it off to the governor.