Tag: Retirement benefits
-
Retirement Benefits Unfunded Costs Are $1.14 Trillion: Some States Are Facing A Hundred Billion-Plus Deficit
California, New York, Texas, Illinois, and New Jersey, face a hundred billion-plus deficit because of unfunded retirement benefits. California, New York, Texas, Illinois, and New Jersey are paying for the retirement benefits other than pensions promised to state retirees These are the top five states with the highest liabilities because of the unfunded retirement…
-
TRS Retirees To Receive Up To $7,500 Direct Payment Under New Senate Bill in Texas
Several TRS retirees expect to receive up to $7,500 in direct payments under the new senate bill in Texas. Texas TRS Retirees Will Expect More Than $1 Billion in Relief Under Senate Bill 10 Several Texas Teacher Retirement System (TRS) retirees will expect more than $1 billion in relief under Senate Bill 10, which will…