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  2. List of largest pension schemes in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_pension...

    New York State Teachers: $115,637 $115,637 94.2% 7.5% 8 State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 Ohio Public Employees Retirement System: $97,713 $96,304 80.2% 7.5% 12 New Jersey Division of ...

  3. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    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 ...

  4. Michigan Office of Retirement Services - Wikipedia

    en.wikipedia.org/wiki/Michigan_Office_of...

    The state employee system and the public school employee system administered by ORS make up 95 percent of all active plan membership in Michigan. ORS is responsible for the 18th largest public pension system in the United States and the 47th largest pension system in the world, managing combined net assets of nearly $67.8 billion.

  5. Legislation seeking expansion of Michigan pensions stalls - AOL

    www.aol.com/news/legislation-seeking-expansion...

    A bill analysis of the Senate legislation conducted by the Senate Fiscal Agency found that on top of Michigan’s current $49 billion worth of unfunded pension liabilities to pay off, “other ...

  6. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    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. Traditionally, many governmental ...

  7. Gov. Gretchen Whitmer's 2025 Michigan budget calls for 588 ...

    www.aol.com/gov-gretchen-whitmers-2025-michigan...

    LANSING — Gov. Gretchen Whitmer's 2025 state budget proposes adding about 588 full-time employees to the payroll and would ... Leeds pointed to the state's Rainy Day Fund, which has a balance of ...

  8. Michigan retirees run into some early software roadblocks and ...

    www.aol.com/michigan-retirees-run-early-software...

    Michigan retirees must work with Schedule 1 and the Michigan Pension Schedule, also known as Form 4884, to figure out their taxes. The state's 40-page instruction booklet offers detailed ...

  9. State of Wisconsin Investment Board - Wikipedia

    en.wikipedia.org/wiki/State_of_Wisconsin...

    The State Life Insurance Fund is a state-sponsored life insurance program for the benefit of Wisconsin residents. It was established with the passage of a law on June 7, 1911. [ 8 ] The applicant must be a state resident at the time of application for coverage through the Fund.

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