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The Public School Employees’ Retirement System (PSERS) is a pension fund for public school employees in the Commonwealth of Pennsylvania.Eligible members include all full-time public school employees, part-time hourly public school employees who render at least 500 hours of service in the school year, and part-time per diem public school employees who render at least 80 days of service in ...
457 plan. The 457 plan is a type of nonqualified, [1][2] tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre tax or after-tax (Roth) basis.
Website. www.philasd.org. The School District of Philadelphia (SDP) is the school district that includes all school district-operated public schools in Philadelphia. [9] Established in 1818, it is largest school district in Pennsylvania and the eighth-largest school district in the nation, serving over 197,000 students as of 2022.
As of 2021, there are 151 elementary/K-8 schools, 16 middle schools, and 57 high schools in the School District of Philadelphia, excluding charter schools. [1] The Thomas K. Finletter School serves kindergarten through 8th grade students in the Olney neighborhood of Philadelphia.
403 (b) In the United States, a 403 (b) plan is a U.S. tax -advantaged retirement savings plan available for public education organizations, some non-profit employers (only Internal Revenue Code 501 (c) (3) organizations), cooperative hospital service organizations, and self-employed ministers in the United States. [1]
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Non-qualifying. Deferred compensation is a written agreement between an employer and an employee where the employee voluntarily agrees to have part of their compensation withheld by the company, invested on their behalf, and given to them at some pre-specified point in the future. Non-qualifying differs from qualifying in that.
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