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Senate overturns rules to help cities offer retirement plans to workers

03/30/2017 | CNBC.com

In a 50-49 vote, the Senate quashed Labor Department rules from the Obama administration that would have made it easier for cities to provide government-run retirement plans to private sector workers.


OP-ED: Why U.S. Supreme Court must stand up for retired Americans

03/28/2017 | NJ Spotlight

Hospitals that masquerade as religiously affiliated institutions do their employees and themselves a grave disservice.


Hospital Pension Plans Seek Salvation at SCOTUS

03/28/2017 | BNA Pension & Benefits Daily

The oral arguments at the U.S. Supreme Court over the ability of religiously affiliated hospitals to treat their pension plans as “church plans” amounted to a 60-minute catechism on statutory interpretation and legislative history.


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.


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.


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.


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.


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.


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.


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.