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‘I’ll be robbed twice in one lifetime’: Retirees fearing financial disaster wait for pension rescue

08/30/2021 | MarketWatch

For Carol Podesta-Smallen, the pain of a broken promise grows worse with time.

The Garfield, N.J., retiree framed her first pension check, along with a picture of herself and her husband. “That was our retirement,” she says, referring to the monthly benefit she earned after 26 years as a clerical worker.

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Lawmakers want to help retirement savers find their lost 401(k) and pension plans

08/20/2021 | CNBC

Help may be on the way for workers who lose track of their 401(k) accounts as they move from job to job throughout their careers.

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Congressional proposal would limit when retirees must return pension overpayments

07/29/2021 | CNBC

For some retirees, getting a large pension payment can become a big problem. Let’s say a pension plan mistakenly has been paying a participant too much and requires the person to pay back the money, typically through reduced future payments.

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IRS Again Extends Remote Witnessing for Retirement Plan Changes

07/02/2021 | SHRM

The IRS has extended through June 30, 2022, remote notarization relief that gives retirement plans greater flexibility for participant elections that require a witness, such as 401(k) loan applications and spousal consent to changes in the distribution of survivor's pension benefits.

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The Savings Game: Congress needs to help pensioners find their money

06/28/2021 | Tribune Content Agency

For years, members of Congress have been trying to pass legislation that will allow the federal government to establish a centralized database to help retirees locate their pension and 401(k) plans.

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Senators revisit bill to create retirement account lost-and-found

05/24/2021 | Pensions & Investments

A bipartisan bill to create a national online lost-and-found database for retirement accounts has been reintroduced in the Senate.

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With Butch Lewis Act, Workers Won Major Victory for Right to Secure Retirement

03/22/2021 | The Intercept

Tucked into the American Rescue Plan — the coronavirus stimulus that passed in early March — is the greatest victory for American workers in recent memory: the Butch Lewis Emergency Pension Plan Relief Act.

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How the COVID relief bill saves union pensions

03/22/2021 | nwLaborPress.org

It didn’t get a lot of fanfare, but tucked into the just-passed COVID relief bill is a new program that will make a life-changing difference for over a million current and future union retirees.

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3 Ways You Could Lose Your Pension and How to Save It

03/22/2021 | Report Door

When was the last time you heard good news about pensions? Instead, you’ve probably seen alarming headlines such as these:

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Local grass roots work ends with Congress passing $86 billion package to rescue failing pensions

03/18/2021 | Akron Beacon Journal

What started as a small group gathering in the spring of 2014 in Akron to find a way to save failing union pensions from drastic cuts helped start a national movement that eventually claimed victory in early March.

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