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Since 2001, U.S. statewide pension funds have experienced significant funding challenges due to the recessions of 2001-2002 and 2008-2009. Prior to the Dot-Com Crash, statewide pension funds were over 95.6% funded in the aggregate. In 2002, the funded ratio had declined to 82.1%. While funds did mostly recover by 2008, the Great Recession resulted in funded ratios declining to 63.8% in 2009.
Individual states have broad discretion to prohibit or regulate abortion and the legal position varies considerably from state to state. The Supreme Court had removed this discretion, and created a federal right to abortion, with the 1973 Roe v. Wade judgement, but this ruling was reversed 49 years later by the Supreme Court's ruling in the 2022 Dobbs v. Jackson case. States have passed laws ...
Legal to possess up to 2.5 oz (71 g) and up to 15 grams of cannabis concentrates. Legal to possess a 90-day supply. Legal to grow 6 plants per adult, maximum 12 plants per household. Legal to possess up to 8 oz (230 g), 1 oz (28 g) of concentrate, and 72 oz (2 kg) of edibles in a residence.
VA loan limits refer to the amount of a loan that the VA will guarantee for the lender when a veteran or other eligible applicant under the VA loan program takes out a mortgage. Historically, the ...
There are many exceptions and exemptions that reduce the number of estates with tax liability: in 2021, only 2,584 estates paid a positive federal estate tax. [3] If an asset is left to a spouse or a federally recognized charity, the tax usually does not apply. In addition, a maximum amount, varying year by year, can be given by an individual, before and/or upon their death, without incurring ...
Teacher Retirement System of Texas (TRS) is a public pension plan of the State of Texas. Established in 1937, TRS provides retirement and related benefits for those employed by the public schools, colleges, and universities supported by the State of Texas and manages a $180 billion trust fund established to finance member benefits. More than 1.6 million public education and higher education ...
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