New research finds U.S. public pension plans have shifted to more diverse investment portfolios, which enabled these funds to grow, deliver reliable benefits, and withstand market turmoil during and ...
Pension plans are vital safety nets, functioning as long-term saving schemes funded by both employees and employers. They aim to provide financial security to retirees, who often rely on them as their ...
What is Pension Revalorisation? Pension revalorisation refers to the periodic adjustment of pension payments based on economic factors such as inflation and average wage growth. In Canada, this ...
"In just two years, our investment returns have helped CalPERS increase the funded status to nearly 80% and rebound from the economic effects of the pandemic," CEO Marcie Frost said. Record-high ...
Some jobs become increasingly taxing as one ages. Airline pilots and air traffic controllers, for example, are subject to mandatory retirement ages. While not subject to mandatory retirement ages, ...
This is a guest post by Gregory Mennis, director of state public-sector retirement systems for The Pew Charitable Trusts. It is a response to “Late to the public pension game, opens new tab,” from ...
Learn what Accumulated Benefit Obligation (ABO) is, how it affects pension plans, and why understanding it is crucial for ...
Analysis from Aon (AON) and the National Institute on Retirement Security Finds Public Pension Funds Have Successfully Navigated Economic Downturns by Reallocating Investment Portfolios and Seizing ...
Public safety pensions have a unique and noticeable impact on the city of Peoria's budget. Many of the highest-paid city employees are police officers and firefighters earning more than 100,000 ...
Bermuda’s public service pension funds will run out of money in 2045, meaning that today’s public servants — and some pensioners — will have no pension in two decades’ time unless something changes.
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