Will the Social Security Fairness Act Bankrupt SSA Trust Funds?
President Joe Biden stated the measure will raise Social Security benefits by an average of $360 monthly for 2.8 million recipients.
Governing8h
States Take Steps to Shore Up Pension Funding
Several state legislatures took steps in 2024 to enhance funding for public pension systems by adopting strategies to increase annual employer contributions to their retirement systems, manage how ...
VTDigger12h
Vermont officials tout positive trends for major state pension funds
This is not a quick journey,” said Eric Davis, chair of the board governing the state employees retirement plan. “But we are, in fact, seeing, the results that we intended to see.” ...
planadviser.com14h
Pension Income Accounted for $1.5T of US Economic Output in 2022
Private and public sector defined benefit pension fund payments also added $224.3 billion in tax revenue, according to the ...
Vermont Business Magazine15h
Pieciak highlights success of reforms as public pensions reach highest funding ratio in a decade
Since Act 114 became law, the pensions’ funding ratios have steadily improved. In FY24, the VSERS funding percentage grew by ...
State Treasurer Pieciak set to address updates with state retirement fund
STATE TREASURER MIKE PIECIAK IS EXPECTED TO PROVIDE AN UPDATE ON THE RESULTS FROM ACT 114, WHICH PASSED ABOUT TWO AND A HALF ...
No Employer-Sponsored Retirement Plan? Here’s What a Financial Advisor Suggests
How Gideon Drucker, President and CEO of Drucker Wealth, is helping his clients who don't have an employer-sponsored retirement plan save for their future.