LANSING – The state will keep the $134 million it has collected from thousands of state employees after the Michigan Supreme Court on Wednesday upheld the 2011 law mandating new pension ...

Two bills before Illinois lawmakers would address a disparity in pension benefits for state workers hired since a 2011 law took effect.

If Majority Leader Mitch McConnell's plan to allow states to use bankruptcy to deal with their ... More underfunded public pensions is adopted, you can kiss your state pension goodbye. Getty When ...

Under the current rules, no matter how long someone has worked, they cannot access the state pension until they reach the state pension age – currently 66.

Judge rules former state trooper convicted of overtime fraud should not forfeit $1 million pension By Nick Stoico Globe Staff,Updated September 19, 2023, 12:07 a.m.

SPRINGFIELD, Ill. — A bill extending the pension buyout option for Illinois state employees to 2026 is now law. Formerly known as House Bill 4292, the newly signed law authorizes $1 billion in ...

Pension Payment Rule: If you are a retired government employee, then there is good news for you. If your pension or its arrears are not received on time, then now the concerned bank will have to ...

Lincoln's Birthday will no longer count as a paid holiday, retirement will come at age 62 instead of 60 and the minimum salary to qualify for a pension will increase for new state employees under ...

The Illinois Supreme Court on Friday voided the state's 2013 pension reform law, in a ruling hailed as a win for retired state workers and public employees, but one that also raises the prospect ...