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  2. Civil Service Retirement System - Wikipedia

    en.wikipedia.org/wiki/Civil_Service_Retirement...

    The Civil Service Retirement System ( CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government. Upon the creation of a new Federal Employees Retirement System (FERS) in 1987, those newly hired after that date cannot ...

  3. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    Federal Employees Retirement System. The Federal Employees' Retirement System ( FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2]

  4. State Board of Administration of Florida - Wikipedia

    en.wikipedia.org/wiki/State_Board_of...

    The Florida Retirement System (FRS) Pension Plan, a defined benefit plan, is one of the largest public retirement plans in the US. At year-end, it comprised over 80 percent of total assets under SBA management. The FRS Pension Plan serves a working and retired membership base of nearly one million public employees.

  5. Here are the biggest retirement changes coming in 2023 - AOL

    www.aol.com/finance/biggest-retirement-changes...

    The Internal Revenue Service announced record-high maximum annual contributions to 401 (k) and similar retirement accounts for 2023. Workers who have a 401 (k), 403 (b), most 457 plans, and the ...

  6. Legislative panel says 'yes' to boosting state pensions for ...

    www.aol.com/legislative-panel-says-yes-boosting...

    A pension cost-of-living increase, or COLA, was eliminated in 2011 during the Great Recession. ... a 2011 average FRS pension of $18,625 would have lost about $7,000 in purchasing power by 2023 ...

  7. What is retirement planning? - AOL

    www.aol.com/finance/retirement-planning...

    Retirement planning involves estimating the amount of money you’ll need in retirement and saving and investing in order to achieve that goal. Many people don’t start thinking about retirement ...

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