Raises

Insurance Hikes Delayed as Orange County Schools Agree to Record Teacher Raises

Orlando, Florida – Orange County Public Schools and its teachers union have come to an agreement that will see significant raises for most teachers in the district. The deal, which includes a nearly 10% raise for teachers, marks a “historic” moment for the school district. In addition to the pay increases, the agreement also entails an adjustment in insurance premiums for employees, although the full cost of these increases will not be imposed until the …

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Pensions in Rhode Island: Can the State Afford Cost-of-Living Raises for Retirees? New Report Analyzes Options

Providence, Rhode Island – Amidst financial concerns, Rhode Island is contemplating the possibility of reinstating cost-of-living adjustments for retiree pensions. A recent report delves into the various options available to the state to address this issue. The potential decision holds significant implications for retirees who rely on these pensions. As the state grapples with budgetary constraints, the feasibility of providing these raises is being carefully evaluated. Residents, lawmakers, and pensioners alike are closely following the …

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Retirement Plan Tax Incentives Raises Debate over Social Security’s Future

WASHINGTON, D.C. – A thought-provoking analysis has sparked a debate among retirement policy experts regarding the fairness and effectiveness of the U.S. retirement savings system. The analysis, published by the American Enterprise Institute, delves into the issue of whether tax incentives for saving in retirement plans disproportionately benefit higher-income Americans and if reallocating these incentives could improve Social Security’s financial standing. The analysis suggests that repealing tax incentives for retirement plans could yield significant new …

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‘Seemingly Opportunistic’ Plan To Inherit Father’s Home Raises Ethical Concerns, Expert Advises Against Annuity Purchase

Dear Miami, Florida, A 56-year-old man living with his 93-year-old father, who needs round-the-clock care due to blindness and other health issues, seeks advice on how to transfer his father’s house to himself in order to purchase a lump-sum annuity for his sister. The man’s sister has a history of spending irresponsibly and has a track record of financial exploitation of their father. The man currently lives with his girlfriend who helps care for his …

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