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Indiana Public Retirement System (INPRS) is a U.S.-based pension fund responsible for the pension assets for public employees in the state of Indiana.INPRS is among the largest 100 pension funds in the United States, with $47.961 billion in actuarial accrued liabilities and $34.479 billion in actuarial assets as of June 30, 2021.
The monthly pension benefit is determined by salary history, years of service, age, and the retirement option selected. TRF members become vested in the pension benefit after 10 years of qualified Indiana service. Members may purchase service credit for military service, out-of-state teaching, and qualified leaves of absence. [2]
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
Ahead of state legislative sessions beginning, financial officers from 15 states sent a letter to their state pension fund fiduciaries urging them to divest from China.
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Speaking on behalf of the Council 94 AFSCME retirees, former Rep. Robert Jacquard – a member of the state's new Cannabis Control Commission – proposed that the state again give retirees a 3%-a ...
The iconic sign on Lincoln's former corporate headquarters in downtown Fort Wayne, Indiana. Lincoln traces its origin to June 12, 1905, in Fort Wayne, Indiana, as the Lincoln National Life Insurance Company. Four men were initially founders of the organization, with an Attorney Daniel Ninde becoming the largest stockholder and first CFO for the ...
* The state employees pension system holds $22.5 billion in assets and $52 billion in liabilities. * The state university employee system has $22.5 billion in assets and $49.8 billion in liabilities.