Most state plans run by TIAA-CREF offer guaranteed options currently paying 3% to 4%.
But that sleep-soundly promise for prepaid plans isn't always ironclad a growing concern given the financial condition of some state plans.
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The Labor Department said it would address the GAO's recommendations but also faced budgetary and legal limits in helping state plans.
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But one of the trouble-maker states, New York, combines restrictions on account owner transfers with restrictions on transfers to other state plans.
And it will unfold regardless of whether a particular state plans to expand its Medicaid program for adults to meet the 133% threshold.
The state plans to appeal, the clerk of the court said.
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Due to the federal charges, the state plans to withdraw its charges against Weston, Thomas, Wright and McIntosh, according to the district attorney's office in Philadelphia.
Links to many state plans can be found at www.collegesavings.org.
We launched Race to the Top -- the most meaningful reform for our public schools in a generation -- to invest in innovative State plans that support and improve teacher effectiveness and student achievement.
Florida Gov. Rick Scott, a Republican, told Fox News Monday that the state plans to sue the Department of Homeland Security to get access to the federal citizenship database so that it can better determine who is voting legally.
Had this simple allocation been used, the 6.0 percent return would have blown away the 3.15 percent return achieved in the state plans and at a cost of about one-twentieth what the states actually doled out to an army of high-paid experts.
The Municipal Securities Rulemaking Board, a self-regulatory body that reports to the Securities and Exchange Commission, has proposed rules that would require brokers to ask clients about the importance of state tax benefits, explain a client's direct-sold in-state plan for comparison purposes, and determine what is most suitable for the client--instead of just pushing broker-sold out-of-state plans that might carry higher commissions for them.
As for the state pension plans, the only way that the state governments can help them make up their actuarial liabilities is if they pour more money into them.
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It explained that state administered plans could seek lower rates by benchmarking against rates offered by large insurers or the largest insurer in a state, or by compressing rates for older compared with younger applicants.
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The three secretaries of state outlined plans for "tax certainty", supply chain support and skills development.
But he can help the states reach them by effectively letting state Medicaid plans out of ObamaCare.
The state also plans to run a voter-education campaign similar to those in other states.
The discounts are significant, since most state prepaid plans now charge a premium to current tuition for future years.
Institutional investors of all stripes including state retirement plans and college endowments have increasingly sunk their assets into hedge funds in recent years.
Fire the high-paid hedge fund managers and investment consultants and convert all state pension plans to 100 percent low-cost index funds.
To the risk-averse, prepaid state tuition plans seemed like a good bet.
The report says almost all state pension plans are underfunded.
The state still plans to consolidate many of its assistance services, and to enlist a contractor to overhaul the computer system to allow offices to share databases containing case information.
Now it's lenders like GMAC, which eliminated 269 jobs in the Los Angeles area during the quarter, and Bank of America, which notified the state of plans to lay off 133 workers in Fremont by July.
His plan goes far on personal and parental responsibility, yet relies on states to enact their own measures of change, and with 50 different state school plans, we know that is a disaster waiting to happen.
But the state also plans to ask the U.S. Supreme Court to release it from the requirement so it won't have to take those steps or several others, according to proposals submitted to a California panel of three judges overseeing the state's compliance with the mandate.
At the annual National Governors Association meeting, both Democrat and Republican chief executives expressed pessimism that both sides could find a way to avoid the massive, automatic spending cuts set to begin March 1, pointing to the impasse as another crisis between the White House and Congress that hampers their ability to construct state spending plans and spooks local businesses from hiring.
The state's disaster plans also said the state should pre-emptively communicate with the public about fuel shortages.
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