Were any of our retirement funds invested with Madoff?
No, MOSERS had no exposure to Bernard L. Madoff Investment Securities in our investment funds, which has recently been in the headlines for alleged investor fraud.
Monday, December 22, 2008
Withholdings from retirement checks
Are social security withholdings held from the monthly retirement checks I will receive?
No, the only withholdings that may apply to your retirement benefit are federal and state income taxes along with state sponsored medical and life insurance premiums.
No, the only withholdings that may apply to your retirement benefit are federal and state income taxes along with state sponsored medical and life insurance premiums.
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