Deductions in retirement

When people get close to retirement, they often wonder how much money they’ll get to take home. This means they want to understand the difference between their gross pay (total earnings before deductions) and their net pay (the amount that goes into their bank account). While you’re working, your paycheck has many deductions, like Social…

Pension payment schedule for 2025

Mark your calendar – the new schedule is here! DRS issues pension payments on the last business day of each month. Please note: the date you receive your payment will depend on your financial institution. 2025 pension payment schedule Jan 31              Feb 28             Mar 31             Apr 30 May 30            Jun 30              Jul…

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