Federal Pensions: Judicial Survivors' Annuities System Costs

· DIANE Publishing
Ebook
16
Pages
Tools

About this ebook

The Judicial Survivors¿ Annuities System (JSAS) was created in 1956 to provide financial security for the families of deceased fed. judges. It provides benefits to eligible spouses and dependent children of judges who elect coverage within 6 months of taking office, 6 months after getting married, 6 months after being elevated to a higher court, or during an open season authorized by statute. Active and senior judges currently contribute 2.2% of their salaries to JSAS, and retired judges contribute 3.5% of their retirement salaries to JSAS. This report reviews JSAS costs to determine whether the judges¿ contributions fund at least 50% of the plan¿s costs during the previous 3-year period. Charts and tables.
The Judicial Survivors¿ Annuities System (JSAS) was created in 1956 to provide financial security for the families of deceased fed. judges. It provides benefits to eligible spouses and dependent children of judges who elect coverage within 6 months of taking office, 6 months after getting married...

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