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Learn about the history, types, and funding of public sector pensions in the U.S. at the federal, state, and local levels. Compare the retirement benefits and risks of different plans and systems across the country.
This web page ranks the 30 largest public pension plans in the U.S. by total assets, funded status, and assumed rate of return as of 2016. It also explains the difference between government and collectively bargained pension funds and provides some external links.
Approximately 93% of the working population in the United States are employees earning a salary or wage. [1] Typically, cash compensation consists of a wage or salary, and may include commissions or bonuses. Benefits consist of retirement plans, health insurance, life insurance, disability insurance, vacation, employee stock ownership plans, etc.
The Social Security Administration (SSA) will pay benefits to nearly 68 million Americans every month in 2024 for a total of more than $1.5 trillion over the course of the year.
In 1922, the Massachusetts General Court passed legislation creating the department of administration and finance. The department replaced the office of supervisor of administration and assumed many of the duties of the superintendent of buildings, Secretary of the Commonwealth, state treasurer, and state auditor. [2]
The Pennsylvania State Employees' Retirement System expects 5,751 members to be added to its annuity payroll in 2011, up from 5,109 in 2010 and 3,806 in 2009. ...
Learn about the history, types, and trends of pensions in the US, from veterans' benefits to Social Security to private plans. Compare qualified and non-qualified plans, public and private pensions, and multi-employer plans.
Learn about the political structure and officials of the Commonwealth of Massachusetts, a presidential republic and federated state. Find out who is the current governor, lieutenant governor, and other constitutional officers, as well as the federal representation and courts of the state.