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Membership in the Georgia ERS is extended to all full-time state employees. Full-time employees must work at least 35 hours per week and 9 months out of the year

Georgia State Pensions

By pradmin
What Types of Georgia State Pensions are offered? Georgia’s largest pension plan is its Employees’ Retirement System (ERS), which is offered to all state employees.  As of 2013, this plan caters to nearly 63,000 state employees.  The second major pension plan, offered to all public educators, [...]
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Employer contributions are vested 50% after two years of employment, 75% after 3 years and 100% from 4 years and on

Michigan State Pensions

By pradmin
What Types of Michigan State Pensions are offered? While there are many private pension programs available in Michigan, two main state-funded programs exist for public state employees. The state-funded programs currently available are: The ORS pension program is available for all public state employees. Within this pension program, state [...]
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Together, the pension plan programs are funded at a ratio of 77.4%, as of 2013

California State Pension Plans

By pradmin
What Types of California State Pensions are offered? As a large and densely-populated state, California has divided its pension programs into two bodies.  CALPERS (California Public Employees Retirement System) oversees the pension plans of the majority of state employees.  CalSTRS (California State Teachers [...]
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The Alaska PERS is designed to supplement the savings of Alaska public employees after retirement by providing pension benefits to members and their survivors

Alaska State Pensions

By pradmin
What Types of Alabama State Pensions are offered? Alaska offers two main options for pension plans, both of which are controlled and managed by the Division of Retirement and Benefits.  As the governor continues to push for further budget expansion, the movement to increase the capital of both plans also grows. The Public Employees’ Retirement [...]
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In addition to these plans, Delaware also administers several municipal pension plans for local firefighting and law enforcement bodie

Delaware State Pensions

By pradmin
What Types of Delaware State Pensions are offered? The state of Delaware administers all of its pension plans through the Delaware Public Employees’ Retirement System.  The state currently offers nine separate defined benefit programs for its employees, although the main pension plan is the State Employees general fund, which supports the majority of government employees. [...]
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The main plan offered to all state employees is the contributory plan, which is mandatory for all full-time employees

Hawaii State Pensions

By pradmin
What Types of Hawaii State Pensions are offered? Because of its smaller population from other US states, Hawaii only has one administered state pension plan, the Employees’ Retirement System. The pension plan is offered for all state employees, and special categories of government employees have some additional [...]
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Optional Retirement Program- guarantees state contributions to the fund of 7.25% and benefit amount is based on the amount accumulated through contributions

Maryland State Pension

By pradmin
What Types of Maryland State Pensions are offered? The state of Maryland offers both a state-funded retirement plan for qualifying public employees in a variety of categories. The benefits for each program may vary slightly based on the employees’ position within the state. The Maryland State Retirement and Pension System or Read Full Article →
Ordinary and accidental disability- vesting is required for ordinary disability benefits but accidental disability requires no vesting period to apply.

Massachusetts State Pensions

By pradmin
What Types of Massachusetts State Pensions are offered? Employees will find two types of state-funded pensions for retirement preparations. The type of employment will determine which program is right for the worker: The Massachusetts State Employees’ Retirement System (MSERS)– Benefit programs available for general state employees, and. It is mandatory for all [...]
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Members in the PERSI plan are automatically enrolled once they enter into government employment

Idaho State Pensions

By pradmin
What Types of Idaho State Pensions are offered? The majority of Idaho state employees are covered under the Public Employee Retirement System of Idaho (PERSI).  Under this administration, employees may select the basic defined benefit plan or may elect to contribute in a voluntary [...]
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Employee contributions are state-tax free for both the duration of employment and while receiving benefits.

Mississippi State Pensions for Public Employees

By pradmin
What Types of Mississippi State Pensions are offered? All state employees are covered under the main state-funded pension program. The definition of state employees covered under the benefit plan is any employees that are paid directly or indirectly through state funds. The Public Employees’ Retirement System of Mississippi (PERS) covers all state [...]
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Georgia State Pensions