Pension

Social Security Fairness Act: Planning Considerations For The Repeal Of The Windfall Elimination Provision (WEP) And Government Pension Offset (GPO) – Go Health Pro

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Social Security Fairness Act: Planning Considerations For The Repeal Of The Windfall Elimination Provision (WEP) And Government Pension Offset (GPO) – Go Health Pro

For most people, Social Security benefits are calculated using a single formula, which takes into account the individual’s history of earning income on which they paid Social Security tax. But historically, a subset of workers that spent at least part of their careers in positions that did not pay Social Security tax – including many … Read more

Florida state pension increased ILS allocations at mid-year, but more cautious on 1/1 – Go Health Pro

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Florida state pension increased ILS allocations at mid-year, but more cautious on 1/1 – Go Health Pro

The Florida Retirement System Pension Plan, which is administered by the Florida State Board of Administration, increased its allocations to natural catastrophe insurance-linked securities (ILS) in advance of the mid-year 2024 reinsurance renewals, but has adopted a more cautious stance for 1/1 as it assesses whether the hard market is declining.With some $198 billion in … Read more

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