New Changes To ERS Retirement Plan

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ความคิดเห็น • 17

  • @bahijarhafiri
    @bahijarhafiri 10 หลายเดือนก่อน +104

    Is this an opportune moment to invest in stocks? What's the expected recovery timeline? I understand that many people believe equities are currently undervalued. However, there are strategies in play in this market that aren't easily accessible to the average person. Should I consider alternative investment options that may be more suitable for me?

    • @Calvertmarian
      @Calvertmarian 10 หลายเดือนก่อน

      Market rebounds, but can't focus on long-term due to retirement and reserves affected by inflation. Need a dependable data path and prompt solution.

    • @brownwellson54
      @brownwellson54 10 หลายเดือนก่อน

      Don't blame yourself, a lack of proficiency in bear markets can restrict your earnings. Seasoned professionals who weathered the 2008 crisis excel by employing tactics like long-short and astute portfolio management to prosper during turbulent times.

    • @Calvertmarian
      @Calvertmarian 10 หลายเดือนก่อน

      Given substantial losses, seeking supervision to rebuild my portfolio and enhance tactics. Where can I locate this individual?

    • @brownwellson54
      @brownwellson54 10 หลายเดือนก่อน

      I'm not usually one to make recommendations, but there are numerous freelance wealth managers available. I've been working with *Jenny Pamogas Canaya* for approximately four years, and she has delivered solid returns. If she aligns with your preferences, you might consider her services.

    • @Calvertmarian
      @Calvertmarian 10 หลายเดือนก่อน

      She seems quite knowledgeable and well-educated. I just Googled her name and found her webpage. Thanks for sharing!

  • @eliseeaddy
    @eliseeaddy ปีที่แล้ว +4

    How is group 4's monthly annuity going to be calculated? What's the formula?That is a required piece of information for newly hired state employees to know in order to gauge the value of this "pension" plan. After all, the calculations could be such that $500,000 invested would result in only $500 per month. Also, if the formula isn't spelled out at the time they are hired, then how do new employees know it won't change over time so they get a reduced "annuity" per month. That is a big piece you are leaving out and transparency is pivotal for newly hired state employees to understand the true value of the ERS pension plan. If it is such a great plan, then be transparent with the formula for the annuity to be received; otherwise it sounds highly suspicious.

  • @california7376
    @california7376 8 หลายเดือนก่อน

    So lets say you do 4 years of services and not vested. You still would of put 6% of monthly salary into the ERS and you will get a minimum of 4% per year... so if it was left in there for 20 years you still going to get a pension right? Just you won't unlock the health benefits?

  • @healingnaturegirl333
    @healingnaturegirl333 ปีที่แล้ว +1

    Worked for the State of Texas for almost 18 years. Pushing for COLA for retirees!!!! If you work for the state & this is your only source of income after you retirement, please rethink this strategy. Invest in yourself first for a little more security.

  • @amaranthinebeauty
    @amaranthinebeauty ปีที่แล้ว +1

    Great information. Thank you

  • @longcorfamily6031
    @longcorfamily6031 ปีที่แล้ว +2

    The 1st question should be how does Sergeant's captain's lieutenant Do dirt. and play the little guy Then guess what you're fired ... They will use you abuse you Till you Can't go no more the N next man up that's why all the hiring

  • @mesomemore97
    @mesomemore97 ปีที่แล้ว

    I want to be positive.... but TDCJ ID.... It is very, VERY hard to do.

  • @CindyShippy-g9v
    @CindyShippy-g9v 2 หลายเดือนก่อน

    Anibal Circle

  • @longcorfamily6031
    @longcorfamily6031 ปีที่แล้ว +2

    They promise a lot but less than a year You will be gone

  • @FelixSabina-e3m
    @FelixSabina-e3m หลายเดือนก่อน

    Simonis Rest