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A Paycheck's Impact on Retirement Income Benefits

06/07/2013 | Kiplinger's Retirement Report

Returning to work can affect Social Security benefits and pension payments, but may also let you turbocharge your nest egg.

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Seniors Warned, Think Twice Before Selling Pension

05/30/2013 | CNBC

The practice of retirees selling their pensions for a lump sum has drawn U.S. regulators' attention, with two government watchdogs this month warning consumers about some of the firms that engage in the practice.

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Church pension plan status being tested by IRS, class-action lawsuits

05/27/2013 | Pensions & Investments

The IRS' long-term trend of allowing church-affiliated defined benefit pension plans to be exempt from federal pension rules could reverse course after an unusual decision by the agency and a flurry of lawsuits.

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Hallelujahs ring after IRS reverses church pension rule

05/23/2013 | Reuters

The Internal Revenue Service may be having a bad week, but Mary Rich isn't complaining about the taxman. The former nurse and hospital executive recently won a 10-year battle to get the IRS to reverse a ruling that would have cost her and her husband, Riz Corpuz, $2,500 a month in pension benefits from their former employer, the now-defunct Hospital Center at Orange (HCO) in New Jersey.

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Groups Give Early Praise to DOL ANPRM On Lifetime Income as a ‘Good First Step’

05/21/2013 | Bloomberg BNA Pension & Benefits Reporter

The Department of Labor’s recently issued advance notice of proposed rulemaking that would require lifetime income illustrations to be included on pension benefit statements is a "good first step" toward furthering retirement income education, retirement industry groups told BNA in a series of interviews.

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PBGC Reverses Prior Position as It Agrees To Pay Benefits for Shuttered Hospital’s Plan

05/14/2013 | Bloomberg BNA Pension & Benefits Reporter

The Pension Benefit Guaranty Corporation announced May 10 that, in a reversal of a prior position, it would pay the pension benefits for more than 800 former employees of a New Jersey hospital center that closed in 2004.

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‘Triumph of justice’: 800 pensions saved after feds cover $30M shortfall for closed hospital

05/11/2013 | Star-Ledger (Newark, NJ)

Christmas will come early to 800 hospital workers whose pensions were at risk of being lost by December, thanks to a federal safety net program.

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PBGC to take control of hospital pension plan

05/10/2013 | Pensions & Investments

The PBGC will cover the pension benefits of nearly 800 former employees of the Hospital Center at Orange, after a change in legal status.

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Former Lawmaker Sees Hope in Congress For Multiemployer Plan Recommendations

05/07/2013 | Bloomberg BNA Pension & Benefits Reporter

Greater congressional interest in retirement policy in recent years could help a proposal that would shore up the multiemployer retirement plan system get adopted into law, former Rep. Earl Pomeroy (D-N.D.) said May 2.

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New Rule Signals Kiss of Death for Pensions

05/03/2013 | CNBC

A little known rule change that allows companies to contribute fewer dollars to pension funds is signaling just how meaningless the retirement vehicle has become.

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