Featured Jobs
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BPAS
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Nova 401(k) Associates
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The Pension Source
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Defined Benefit Specialist II or III Nova 401(k) Associates
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DWC ERISA Consultants LLC
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Merkley Retirement Consultants
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BPAS
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July Business Services
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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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EPIC RPS
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Compensation Strategies Group, Ltd.
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Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
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Free Newsletters
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-- An attorney subscriber
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5 Matching News Items |
| 1. |
Chicago Daily Herald
Jan. 5, 2025
"[1] Have multiple group health insurance options ... [2] Offer Health Savings Accounts ... [3] Create Health Reimbursement Accounts ... [4] Self-insure ... [5] Educate ... [6] Saving taxes."
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| 2. |
Chicago Daily Herald
Jan. 26, 2020
"[T]he amount of money 42 suburbs contributed to pension obligations in 2018 was equal to more than a third of what those towns received in property taxes. ... Many suburbs in the analysis pay into three pension programs ... Collectively, the 74 suburbs in the analysis received more than $910 million in property taxes in 2018, according to state financial records. Those suburbs spent almost $309 million on pensions."
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| 3. |
Chicago Daily Herald
May 10, 2013
"The Illinois Senate approved a union-backed plan to cut the retirement benefits of nearly 700,000 teachers, state workers and retirees today, taking a vote that is directly at odds with House approval of a competing pension plan last week. Unless one side blinks and approves the other's plan by the May 31 scheduled adjournment, another legislative session will pass without movement on one of the state's most serious financial challenges."
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| 4. |
Chicago Daily Herald
June 19, 2012
"Suburban [Illinois] mayors have seen their budgets drained over the past several years by rising pension costs for police officers and firefighters but are unable to cut retirement benefits because state lawmakers control the rules. Now, suburban school officials say they eventually could end up in a similar spot -- if not in a worse budget position -- if the state passes teachers' pension costs on to local school districts."
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| 5. |
Chicago Daily Herald
June 3, 2012
"After a short break, lawmakers are poised to start meeting again, trying to find a compromise that again is likely to include scenarios that cost suburban schools more. They'll do it over the heavy protests of unions that represent teachers and state workers ... A proposal to cut a yearly increase in pension benefits for working and retired teachers, university employees, state workers and lawmakers was embraced by at least some Republican and Democratic lawmakers, providing some common ground in the debate."
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