
Archive for the ‘Pension Laws’ Category
Posted Thursday, June 17th, 2010 by Rebecca Davis
Certain rules in the Internal Revenue Code are designed to prevent employers from discriminating against non-highly paid employees in their pension plans. Unfortunately for the retirement security of their employees, some employers look for ways to get around the nondiscrimination rules. (more…)
Posted in 401(k), ERISA, Future Retirement Security, Loopholes in the law, Pension Laws, Traditional Pensions | 1 Comment »
Posted Tuesday, June 1st, 2010 by Kyle Garrett
Have you heard that the government is planning to seize your 401(k) and use the money to send monkeys to Mars? Well, we haven’t heard about the monkey part, but some people are making the claim that the government is gunning for workers’ 401(k)s. (more…)
Posted in 401(k), ERISA, Future Retirement Security, Pension Laws, Pension Rights Center | Post Comment »
Posted Thursday, March 4th, 2010 by Karen Friedman
Tuesday’s New York Times included a full-page ad from the Center for Consumer Freedom*, attacking the Humane Society of the United States. In the ad, the Center claims that the animal-oriented organization is misallocating its money by, among other things, putting $2.5 million toward its retirement plan for employees. (more…)
Posted in Pension Laws, Traditional Pensions | Post Comment »
Posted Wednesday, December 16th, 2009 by Rebecca Davis
A few months ago we posted a blog entry about a letter [PDF] we wrote opposing a bill in the Oklahoma state legislature that would limit the ability of former spouses to receive an award of military retirement pay in a divorce settlement. The blog entry received a number of comments - several disagreeing with our position. (more…)
Posted in Divorce, Future Retirement Security, Military Pensions, Pension Laws | 5 Comments »
Posted Wednesday, September 30th, 2009 by Joellen Leavelle
Earlier this month, the Pension Rights Center, along with the National Women’s Law Center, sent a letter to the Oklahoma state legislature urging it to defeat a bill that could dramatically alter the way the state’s divorce courts treat military pensions. (more…)
Posted in Divorce, Military Pensions, Pension Laws, Women's Pensions | 16 Comments »
Posted Monday, September 7th, 2009 by Joellen Leavelle
Labor Day marks the 35th anniversary of a law hailed by its principal sponsor Senator Jacob Javits as “the greatest development in the life of the American worker since Social Security.” Thanks to the Employee Retirement Income Security Act of 1974, millions of retirees are receiving the secure lifetime pensions that are making it possible for them to live comfortably in retirement. (more…)
Posted in ERISA, Future Retirement Security, On this day..., Pension Laws | 1 Comment »
Posted Tuesday, July 21st, 2009 by Nancy Hwa
When writer-comedian Al Franken was sworn in as Minnesota’s junior Senator on July 7, I was intrigued to hear that he will be serving on the Committee on Health, Education, Labor, and Pensions (also known as the Senate HELP Committee). Not surprisingly, this is one of the committees that we deal with the most, and I wondered what kind of positions Senator Franken would take on retirement income issues. (more…)
Posted in ERISA, Pension Laws, Traditional Pensions | 1 Comment »
Posted Thursday, May 14th, 2009 by Rebecca Davis
Today the IRS announced new tax “withholding adjustment procedures” for pension plans today, repairing a problem that we raised in a letter to the Treasury Department on April 1. (more…)
Posted in Future Retirement Security, Pension Laws, Pension Rights Center, Traditional Pensions | Post Comment »
Posted Thursday, April 30th, 2009 by Nancy Hwa
With Mother’s Day approaching, it seems only fitting that I put in a plug for the current edition of Mother Jones magazine. Its cover asks, “Who Ran Away With Your 401(k)?” and the issue is required reading for anyone interested in the future of retirement income.  (more…)
Posted in 401(k), 401(k) Fees, ERISA, Future Retirement Security, Pension Laws, Pension Rights Center, Traditional Pensions | Post Comment »
Posted Tuesday, April 28th, 2009 by Joellen Leavelle
Today, April 28, is Equal Pay Day, in recognition of the fact that on average women earn less than men. For women, as former Congresswoman Patricia Schroeder once noted, this discrimination throughout their lives “strikes its cruelest blow at the end.”
The Lily Ledbetter Equal Pay Act of 2009 will not only help close the wage gap for women who have experienced pay discrimination in the workplace, but it will also help close the pension gap. (more…)
Posted in Future Retirement Security, Pension Laws, Traditional Pensions, Women's Pensions | Post Comment »