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Members participate as either Tier 1 or Tier 2 members. To participate as a Tier 1 member, the employee must have started work with an IMRF employer on or before December 31, 2010. All other members participate in Tier 2. All IMRF Tier 2 plans have a less generous benefit structure as compared to Tier 1. The cost to provide a Tier 2 pension is ...
Changes from the “Tier I” pension law include raising the minimum eligibility to draw a retirement benefit to age 67 with 10 years of service, initiating a cap on the salaries used to calculate retirement benefits, and limiting cost-of-living annuity adjustments to the lesser of 3 percent or half of the annual increase in the Consumer Price ...
The Western Cape (Xhosa: iNtshona-Koloni; Afrikaans: Wes-Kaap [ˈvɛskɑːp]) is a province of South Africa, situated on the south-western coast of the country.It is the fourth largest of the nine provinces with an area of 129,449 square kilometres (49,981 sq mi), and the third most populous, with an estimated 7 million inhabitants in 2020. [8]
The Western Cape Division of the High Court of South Africa has jurisdiction over all cases arising in the province, but generally handles only the most serious or high-profile criminal trials, high-value civil trials, cases involving judicial review of legislation or executive actions, and appeals from the magistrates' courts. Judges of the ...
The administrative head is the Superintendent-General of Health; as of 2010 this was Professor Craig Househam. [2] In the 2010/11 financial year, the department had 27,993 employees and a budget of R 11,962,863,000.
Tesla and X CEO Elon Musk spent over a quarter of a billion dollars to help get President-elect Donald Trump back in the White House, according to newly released campaign finance records. The ...
That figure stood at just over $36.1 trillion on December 31, up from $31.4 trillion in June 2023, when the cap was suspended as part of the bipartisan Fiscal Responsibility Act.
Research from Capitalize found that by May 2023, 29.2 million 401(k) accounts had been forgotten. These accounts hold a whopping $1.65 trillion in assets — about 25% of all 401(k) assets in the U.S.