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New law allows cuts to retiree pensions

New law allows cuts to retiree pensions

The 2015 omnibus spending package allows cuts to retiree pensions. Will you be affected?Read our summary
Karen Friedman discusses retiree pension cuts on C-SPAN

Karen Friedman discusses retiree pension cuts on C-SPAN

Karen Friedman takes Q&A about retiree pension benefit cuts on C-SPAN's Washington Journal.Watch now.

11,000 signatures support pension advance legislation

PRC delivered 11,000 signatures to Rep. Matt Cartwright supporting legislation that would regulate pension advances.Read the fact sheet
States get in on the action

States get in on the action

Illinois becomes the first state to offer automatic retirement savings plans to workers. Learn what other states are up to. Read the fact sheet

Latest News

Fiduciary breach issue gets Supreme Court hearing

The U.S. Supreme Court is scheduled to hear arguments next month in an ERISA case that could greatly expand guidelines for defined contribution plan executives' fiduciary responsibilities.

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High marks for retirement plans

High marks for retirement plans

This week, President Obama unveiled his economic fixes for the middle-class. Among them was a proposal for Automatic IRAs, which he has championed since the Administration’s early days. More...

Obama Signals Support for DOL Fiduciary Redraft

Obama Signals Support for DOL Fiduciary Redraft

DOL fiduciary redraft said to be heading to OMB any day as opponents and supporters prepare for battle

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Court Watchers Looking at Plan Fees, Retiree Benefits, Church Plans in 2015

Just as 2014 brought big rulings on stock-drop litigation and equitable remedies like reformation and surcharge, 2015 is shaping up to be another big year for ERISA litigation, with pending cases involving retiree health benefits, plan fee cases and ERISA's church plan exemption.

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Fiduciary Re-Proposal, Fee Disclosures On Deck for 2015; MEPs Wait in the Wings

Top employee benefit issues for the Department of Labor in 2015 are similar to those in 2014: a re-proposal that would expand the definition of "fiduciary" under the Employee Retirement Income Security Act and guidance on plan fee disclosures.

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Multiemployer, 4062(e) Changes Enacted, And Now It's Time to See How It Shakes Out

Congressional negotiations over a budget bill late last year introduced a landmark change to ERISA on the law's 40th anniversary: To preserve their multiemployer defined benefit plans, trustees and participants can now voluntarily decide whether to reduce benefits instead of waiting for plan insolvency.

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Monitoring investments doesn't end

Supreme Court is reviewing a decision on the responsibility of plans to continually watch costs

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New Fiduciary Push Faces Longer Odds

A coalition of consumer-oriented public interest groups has created a website designed to mobilize public support for a uniform fiduciary standard in anticipation of a renewed push to expand the standard.

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How to invest in new state-sponsored retirement plans

Illinois gets whacked plenty for its troubled public pension plan systems. But now it's getting high praise for being the first state in the USA to offer a novel type of retirement plan, which goes into effect in 2017.

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Consumer groups, unions push for DOL fiduciary rule

A new coalition of labor unions and consumer advocates has formed to help generate support for the Department of Labor’s anticipated new fiduciary standard, which would make broker-dealers beholden to the high standards of care established under the Employee Retirement Income Security Act.

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