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NYS Common Retirement Fund Reports Second Quarter Results

The New York State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2021-22 was 1.15% for the three-month period ending Sept. 30, 2021, according to New York State Comptroller Thomas P. DiNapoli. It ended the quarter with an estimated value of $267.8 billion. “Market volatility brought returns …

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NY Employer Update on Employee Retirement Enrollment

Tuesday, November 9, 2021 Last month, New York Governor Kathy Hochul signed a new law requiring private employers that meet certain criteria to automatically enroll their employees in the State’s Secure Choice Savings Program (the “Program”), a retirement plan overseen by the State for private sector and nonprofit employees similar to an IRA. Previously, the …

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Can I Take Social Security Retirement Benefits At 62 And Spousal Benefits Later?

Ask Larry Economic Security Planning, Inc. Today’s Social Security column addresses questions about whether you can be eligible for later spousal benefits if you take early retirement benefits, working while receiving disability benefits and whether a parent’s widow’s benefit is set at the correct amount. Larry Kotlikoff is a Professor of Economics at Boston University …

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Survey says older employees now putting off retirement during ‘great resignation’

CLEVELAND, Ohio – While many deal with the “great resignation,” a new study says older workers are actually putting off retirement and staying in their jobs. The survey, conducted by the Nationwide Retirement Institute, says the wave of people quitting recently doesn’t necessarily apply to employees 45 and older. One in four people over 45 …

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