The federal government’s little-known pension heist

Retirement Heist is, as one blurb describes, a “meticulously researched and. One's joy is tempered because federal pension law (ERISA) includes no. The government has not really stepped in yet to socialize benefits.. Yes she was right someone got screwed a little the first time, but she did not.

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(In 2014 a federal grand jury in Pennsylvania indicted five people from one of that division’s crews, known as Unit 61398, for stealing trade secrets from companies such as Westinghouse and US.

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 · It’s little-known because it applies only to a small segment of retirees. Mostly it applies to former state and local government employees, like police officers, firefighters, teachers, and workers at state and local governments and nonprofit organizations that are not part of the federal.

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Thus, a bond issued by the federal government will have a relatively low interest. you’re a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security.

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 · Maximizing Your Federal Employee Benefits. Other Benefits: There are many other benefits that you will be entitled to as a Federal employee. Some of the more prominent benefits are child care subsidies, employee development programs, retention incentives, various recruitment bonuses, paid holidays, and paid leaves.

Planning for retirement and retirement benefits made easier with the AARP retirement calculator and tips on when to collect 401k and other investments. Skip to content Refresh your driving skills and you might save money on auto insurance with the AARP Smart Driver course.

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The federal government’s little-known pension heist. – The federal government’s little-known pension heist Mary Sanchez "Too big to fail" means bail outs for banks and the shaft for union pension funds, says Mary Sanchez. The pension benefit guaranty corp., the federal agency that backstops pensions, would not be able to withstand the failure of the Central States fund. (The federal program is also in trouble, reporting a $76 billion deficit in mid-November, and its estimated exposure to.

The federal government’s little-known pension heist . By MARY SANCHEZ Friday Nov 27, 2015 at 12:01 AM Nov 27, A more fair resolution would be to bolster federal pension protection.

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