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  2. Ohio teachers' pension case moves to appeals court to hash ...

    www.aol.com/ohio-teachers-pension-case-moves...

    The State Teachers Retirement System of Ohio serves nearly 493,000 active, inactive and retired Ohio public educators. ... giving her a one-time lump sum of $40,000 and contributing $43,000 to her ...

  3. What comes next for Ohio's teacher pension fund ... - AOL

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    A battle is under way for the future of Ohio’s $94 billion teacher pension fund, as would-be reformers’ attempts to deliver long-promised benefits to retirees with the help of an aggressive ...

  4. Corporate raiders want to turn Ohio teachers' pension fund ...

    www.aol.com/corporate-raiders-want-turn-ohio...

    May 15, 2024; Columbus, Ohio, USA; A sign hangs outside The State Teachers Retirement System of Ohio board meeting. The state's second largest public pension fund, oversees about $90 billion ...

  5. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    Personal finance. Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns.

  6. Should I Take a $48,000 Lump Sum or $462 Annuity From My Pension?

    www.aol.com/48-000-lump-sum-462-113000982.html

    Then, at $462 a month and $5,544 annually, you need to reach 8.65 years to have the pension payments break even with a $48,000 lump sum payment. "In this simplified scenario, when the retiree’s ...

  7. Continuing care retirement communities in the United States

    en.wikipedia.org/wiki/Continuing_care_retirement...

    A continuing care retirement community ( CCRC ), [1] [2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3] These various levels of shelter and care may be ...

  8. Retirement plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Retirement_plans_in_the...

    When the interest credit rate exceeds the mandated section 417(e) discounting rate, the legally mandated lump sum value payable to the employee [if the plan sponsor allows for pre-retirement lump sums] would exceed the notional balance in the employee's cash balance account. This has been colourfully dubbed the "Whipsaw" in actuarial parlance.

  9. The Smartest Way to Invest a Lump Sum Pension Payout - AOL

    www.aol.com/invest-lump-sum-pension-payout...

    A pension plan promises to pay a defined benefit for the length of an employee's retirement. Depending on your financial circumstances, you may consider taking a lump sum instead of a lifetime ...

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