| | Benefits & Administration | | State Pensions Have Undergone Many Changes | | The period between 2009 and 2014 marked the greatest period of change in the history of public pensions, according to a new report from the National Association of State Retirement Administrators (NASRA), “Significant Reforms to State Retirement Systems.” Following the Great Recession of 2008, nearly every state reduced benefits, increased employee contributions, or both.Read more > | | | Ask the Experts | | Must Participants Loan Be Paid Upon Termination? | | “Our recordkeeper insists that the final loan regulations require repayment of the loan upon termination of employment, but I have argued with them that this is not the case. Is the recordkeeper correct, or am I correct?”Read more > |
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