Pensionretirement - Government state pension for retired employees with defined benefit programs and companies that still offer pensions

Benefits within each of the three state pension divisions are earned through employer, employee contributions and return on investments percentages

Kentucky State Retirement Pensions

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What Types of Kentucky State Pensions are offered? State public employees within Kentucky have two main pension programs available depending on their line of work. The Kentucky Retirement System (KYERT) consists of six separate programs: Kentucky Employee Retirement System for state employees (KERS) County Employee Retirement System (CERS) for [...]

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Non-school public employees have mandatory enrollment in KPERS. An employee qualifies if they are a permanent employee covered by social security and works at least 1,000 hours per year

Kansas State Retirement Pensions

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What Types of Kansas State Pensions are offered? In the state of Kansas the largest state pension program is the Kansas Public Employee Retirement System or KPERS. Many other smaller pensions are scattered through out the state for specific public employee occupations such as police, firefighter and public teacher [...]

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The LASERS pension program is funded through a combination of employee contributions, employer contributions and earnings from investments

Louisiana State Pension for Retirement Income

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What Types of Louisiana State Pensions are offered? Within the state of Louisiana three major state-funded pensions exist for state employees to generate a retirement plan. The state-funded programs include: Louisiana State Employees’ Retirement System (LASERS) – all state employees not covered under a specifically designated plan Louisiana State [...]

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Teachers of public schools, universities and community colleges are also covered under this program

Iowa State Pensions for Retirement

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Iowa State Pensions Two primary state-funded programs exist in the state of state of Iowa granting retirement benefits to its covered employees. The two main types include: Iowa Public Employee Retirement System (IPERS) – The pension covers qualified permanent state employees and teachers both full and part time. A [...]

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rizona offers several specialized pension plans for select groups of government employees

Arizona State Pension Plans

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What Types of Arizona State Pensions are offered? Arizona’s main pension plan is controlled and maintained by the Arizona State Retirement System. The plan is offered for all qualifying employees working for state-sponsored programs and institutions. Nearly 200,000 employees are covered with the ASRS plan annually. [...]

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Contributory members contribute an additional 6% of their salary to their eventual retirement benefit

Arkansas State Pension Plans

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What Types of Arkansas State Pensions are offered? Arkansas offers seven different pensions programs for its state employees. The main two programs are the Teacher Retirement System, which is the state’s largest pension plan, intended for employees of the Arkansas public educational system, and the Read Full Article →

Members contribute 8% of their gross monthly income to the retirement fund

Colorado State Pension Plans

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What Types of Colorado State Pensions are offered? Colorado only has one administrative body that controls the state’s entire pension fund. The Public Employee’s Retirement Association of Colorado is divided into five distinct sections: the School Division, the State Division, the Local Government Division, [...]

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In general each individual program is a Defined Benefit Plan (DB) which guarantees employees a regular month benefit after retirement, as well as other benefits once vesting periods have been reached

State of Maine Retirement Plan

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What Types of Maine State Pensions are offered? The state of Maine provides a large state-funded program to all state public employees that will assist in retirement costs. The Maine Public Employees Retirement Program known as PERS public employees are divided into classifications depending on the line of service [...]

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Connecticut state government has recently began to take measures to address the state budgetary crisis in regard to pension plans

Connecticut State Pensions

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What Types of Connecticut State Pensions are offered? The state of Connecticut administers the pension plans offered for state employees. The three largest pension plans offered are: The State Employees’ Retirement System (SERS) is offered for all employees of state public service organizations who [...]

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The biggest advantage of the investment plan is that it allows the employee to choose where the retirement funds are invested

Florida State Pensions

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What Types of Florida State Pensions are offered? Approaching pension plans in the state of Florida can be an overwhelming and daunting task. Florida administers a number of local and specialized pension plans for state employees. However, the main Florida pensions are administered by the Florida Retirement System, which served over 623,000 employees in 2012. [...]

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Kentucky State Retirement Pensions

Kansas State Retirement Pensions

Louisiana State Pension for Retirement Income

Iowa State Pensions for Retirement

Arizona State Pension Plans

Arkansas State Pension Plans

Colorado State Pension Plans

State of Maine Retirement Plan

Connecticut State Pensions

Florida State Pensions

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