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The 2015 Pension 40: The Long Climb

12/22/2015 | Institutional Investor

The struggle over the fate of defined benefit pensions continues to dominate the Institutional Investor's annual ranking of the 40 most important people in pensions.

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Teamster Retirees Demand Trustees 'Stop the Rush' to Slash Pensions in Half

12/17/2015 | Labor Notes

They thought their pensions were secure—but now they’re fighting to keep them. Retired and active Teamsters in 25 states from Florida to Minnesota received notice this fall that their pensions could be cut by as much as 60 percent, beginning July 1.

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1 Million Affected by De-Risking in 5 Years, PBGC Says

12/15/2015 | Bloomberg BNA's Pension & Benefits Reporter

More than a million defined benefit plan participants in larger plans were affected by pension de-risking activities from 2009 through 2013, and more than half of those were involved in 2012 transactions, the Pension Benefit Guaranty Corporation said in a report.

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Senate passes church pension plan clarifications

12/14/2015 | Pensions & Investments

Pension Rights Center Director Karen Ferguson is worried that the legislation, if passed, could nonetheless have a negative effect on litigation filed by church plan participants. 

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14,800 Minnesotans face deep cuts to their pensions

12/14/2015 | Star Tribune

Ken Petersen spent 30 years as a Teamster trucker, loading and hauling utility poles, fertilizer and other freight. All those years his employers socked money away for the monthly pension check Petersen has received since he retired from trucking in 2003.

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Independence rally draws pension rights advocate Karen Friedman

12/09/2015 | Kansas City Star

Pension rights advocate Karen Friedman will address area retirees facing huge cuts to their pensions at a rally Thursday in Independence.

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Proposal to slash Teamsters' pension benefits to be discussed tonight

12/09/2015 | Milwaukee Journal Sentinel

Facing cuts in their promised pensions of 30%, 50% and even more, retired Teamsters on Wednesday evening blasted the "rescue plan" that the Central States Pension Fund says it needs to save it from going broke.

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Risky Pension Bets

12/01/2015 | AARP Bulletin

Would you rather have a monthly pension guaranteed for life or a lump sum of money now? Before I address that question, let me say that you’re lucky if you have the choice.

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Retirement Issue Gets Presidential ‘I Beg Your Pardon?’

11/25/2015 | Workforce Management

The race to the Oval Office is shaping up, and people like Brianna Buch are noticing one sizable employment issue is getting little attention from presidential candidates: retirement. More...

Why Retirees Are Losing Their Pensions (AUDIO)

11/16/2015 | It Takes 2 with Jack and Amy -- KFGO

You didn't read wrong. Retirees, after working for 30 years or more, will lose up to 70% of their pensions. These are some of our neighbors & friends. As a result of Congress' 2015 omnibus spending bill, the pensions of up to 400,000 Americans, many of whom spent lifetimes working here, will see their pensions evicerated. More...

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