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Devil in the Details as Justices Mull Church Pension Cases

03/25/2017 | Bloomberg BNA

The pension benefits of more than 300,000 hospital workers will be at stake when the U.S. Supreme Court convenes on March 27, and it’s anybody’s guess what the justices will want to discuss.

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PBGC girds for pending union plan catastrophe

03/20/2017 | Pensions & Investments

Only one struggling multiemployer pension fund has landed on the doorstep of the Pension Benefit Guaranty Corp. so far after failing to win Treasury Department approval to reduce benefits, but the agency's dire financial condition has officials predicting painful cuts for more than 1 million multiemployer plan participants projected to need its help.

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Threatened pension cuts will test Trump ties to U.S. Rust Belt voters

03/09/2017 | Reuters

Karen Friedman has been traveling the country speaking at meetings of retired union members - and they are angry. What riles them is the prospect of deep cuts in promised pension benefits, and they are hoping for relief from President Donald Trump.

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Teamsters face 31 percent pension cut

03/07/2017 | Albany Times Union

A total of 16,500 retirees, mostly in upstate New York with a few in New Jersey, are facing the cuts. Another 18,500 who are currently working would also be affected upon retirement.

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Bill to Rescind DOL Rule Extending Pension Coverage Sparks Fierce Debate

03/06/2017 | Chief Investment Officer

In a move that is sparking a firestorm of protest regarding the extension of retirement plans to uncovered workers, the US House of Representatives advanced two bills to overturn federal rules that would make it simpler for states to start individual retirement accounts (IRAs) for private-sector workers who do not have 401(k)s.

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About one million American workers have pension plans on verge of insolvency

02/28/2017 | NY Daily News

Nearly one million working and retired Americans are currently covered by pension plans that are in imminent danger of insolvency, according to an organization trying to help people keep their retirement earnings.

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How To Save For Retirement? Tips For Saving Early To Avoid Stress About What To Do When Reaching Retiring Age

02/28/2017 | International Business Times

Fewer than half of Americans know or have figured out how much they need for retirement – a scary thought when taken into consideration that the typical American spends about 20 years in retirement.

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How Republicans Could Block Access to Retirement Plans for Low-Income Workers

02/27/2017 | ATTN:

The United States Senate is on the verge of making a vote that would have a major impact on the chances for young and low-income people to save for a secure retirement.

 

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Will your pension be there when you need it?

02/19/2017 | The Washington Post

Karen Friedman is the executive vice president and policy director at the Pension Rights Center, and Joellen Leavelle is the group’s communications and outreach director. Last week, I invited them to answer readers’ questions about their pensions. Here are some questions they didn’t have time to get to from last week’s Color of Money live chat.

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Color of Money Live Chat with Michelle Singletary

02/16/2017 | Washington Post

PRC's Karen Friedman and Joellen Leavelle discussed an array of retirement issues during Michelle Singletary’s Color of Money Live Chat on February 16, 2107.

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