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SmartAsset on MSNPension Problems: $200,000 Lump Sum vs $1,850 Monthly PaymentsThey have earned a pension of $1,850 per month in retirement, but their employer has offered a $200,000 buyout at the start of their retirement instead. Here’s how to look at the issue.
One of the biggest festering problems in American politics in recent years has been the long-term struggles of states to maintain the fiscal solvency of their publicly-funded pension programs.
Residents who voted to renew the 3/4-cent pension sales tax in April 2014 could — understandably — consider Springfield's pension problem to be resolved. But there's talk of trouble in paradise.
With pension reform possibly within reach, there’s a Goldilocks problem for the state lawmakers setting plans to tackle Illinois’ worst-in-the-nation pension problem.
Texas House Bill 2432, authored by Rep. Jim Murphy, R-Houston, is good legislation aimed at reducing spiking and improving transparency for all pension systems statewide. However, as offered, the ...
The police and fire pension and the city's civilian employee pension are facing shortfalls that must be addressed by the end of the year. Here's where we stand before a special briefing Friday.
The IFS is recommending sweeping changes to private and state pensions to create a system 'fit for the next generation', ...
First, admit the problem. Going forward, Chicago’s pension contribution will increase by an average of at least $47 million per year through FY 2027. I say at least, ...
At the 34th SCOVA meeting, pensioners raised key issues with the SPARSH portal, family pension delays, and OROP. The government promised action, including FAQs and possible changes to the 15-year ...
Residents who voted to renew the 3/4-cent pension sales tax in April 2014 could — understandably — consider Springfield's pension problem to be resolved. But there's talk of trouble in paradise.
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