More teachers are opting to forgo pay in order to build up even better pensions, after the lifetime allowance was scrapped. Teachers chose to opt in to a scheme known as “faster accrual” more ...
Connecticut pays pensions for teachers across every public school district, based on a formula that accounts for salary and years of service. This effectively operates as a state subsidy ...
For K-12 teachers, pensions serve as a retirement fund. The longer they work, the larger their pension is. In a career not often associated with large salaries, pensions give teachers a safety net to ...
South Korea’s pension fund for private school teachers has opened a tender seeking a trading agency for its foreign equity investments. According to the request for proposal issued by the Teachers’ ...
At a recent Illinois Retired Teacher forum, Rep. Steve Reick announced his plan to pay down the state’s pension debt. His solution is to tax pubic employees’ retirement income for 10 years – including ...
Michigan passed a law earlier this month reducing the rate of school districts’ contribution to pension expenses by 5.75 percent, and eliminating a 3 percent payroll tax Michigan teachers hired ...
Plans would see employee contribution rates rise by up to £200 a year - but lowest-paid would not be affected Plans would see employee contribution rates rise by up to £200 a year - but lowest-paid ...