In the News

According to the investment management company TIAA, as of 2015, a full 30 percent of employees had abandoned a retirement account from a previous employer. The Government Accountability Office recently reported that from 2004 to 2013, more than 25 million employees left at least one retirement account behind.

At age 70, George Fugina was hoping to retire for good this year.

After working for 31 years as head custodian for St. James the Greater Catholic Church and then picking up a part-time custodial job at the Eau Claire YMCA, Fugina was ready to take it easy and live off his pension, savings and Social Security.

Members of the Senate and House have been picked to try to preserve union retirees' pensions without a raid on the federal Pension Benefit Guaranty Corp., and Ohio's U.S. Sens. Sherrod Brown and Rob Portman are among them.

Sen. Sherrod Brown will co-chair a bipartisan commission tasked with solving a pension crisis that put more than 60,000 Ohioans and 1.5 million workers and retirees’ pensions at risk.