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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 ...
Assuming a retirement savings of $1.5 million as well as the cost-of-living data, the drawdown time was calculated for each state. The data was collected on and is up to date as of Jan. 8, 2024.
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 ...
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.
Pages in category "Public pension funds in the United States" The following 35 pages are in this category, out of 35 total. This list may not reflect recent changes .
Additionally, the treasurer is the vice-chairman of the Indiana Housing Finance Authority and the Indiana State Police Pension Fund. As a member of these boards, the treasurer has a wide range of influence on the state's financial management. [2] The treasurer is also the head of several of the most important state financial organizations.