Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Survey of Retired State Employees PDF full book. Access full book title Survey of Retired State Employees by New Jersey. Legislature. Office of Fiscal Affairs. Division of Program Analysis. Download full books in PDF and EPUB format.
Author: New Jersey. Legislature. Office of Fiscal Affairs. Division of Program Analysis Publisher: ISBN: Category : Civil service pensioners Languages : en Pages : 52
Author: New Jersey. Legislature. Office of Fiscal Affairs. Division of Program Analysis Publisher: ISBN: Category : Civil service pensioners Languages : en Pages : 52
Author: California. Department of Finance. Organization and Cost Control Division Publisher: ISBN: Category : Government employees' health insurance Languages : en Pages : 6
Author: Missouri. State Auditor Publisher: ISBN: Category : Kansas City (Mo.) Languages : en Pages : 136
Book Description
As of December 31, 2012 there were 130 public employee retirement plans in Missouri. Of these plans, 89 were defined benefit plans (11 of which also provided a defined contribution plan), and 41 were defined contribution plans (covering approximately 546,000 member as of December 31, 2012). Three of these 89 plans cover only state employees and 86 primarily cover local government employees. Retirement benefits are often a significant component of public employee compensation, and are utilized by governments to recruit and retain employees. Defined benefit plans guarantee members a specified lifetime benefit upon retirement. As a result, governments often incur significant liabilities associated with retirement benefits and must contribute significant resources to retirement plans.