Stoever Glass & Co., Inc.
Phone: (212) 952-1910
Toll Free: (800) 223-3881
The U.S. Census Bureau has released its 2016 Annual Survey of Public Pensions, which provides a comprehensive look at the financial activity of the nation’s state- and locally-administered defined benefit pension systems, including cash and investment holdings, receipts, payments, pension obligations and membership information. Defined benefit plans are retirement plans for which the employer has scheduled the amount of pension payments to individual recipients, and are commonly formula-based on key metrics of both the employer and employee.
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