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Trade group trying to kill bill making state-run retirement accounts a worker benefit

08/09/2016 | Los Angeles Times

An investment industry trade group is trying to kill a California bill that would make retirement savings accounts an almost universal benefit for workers in the state, saying that plan will be more expensive than lawmakers anticipate and could ultimately cost taxpayers.


Unforeseen consequences one legacy of the Pension Protection Act

08/08/2016 | Pensions & Investments

Like many pension-related laws, the Pension Protection Act that passed a decade ago was designed to address a crisis. At the time, underfunded pension plans were threatening the financial stability of the Pension Benefit Guaranty Corp. More...

Multiemployer Pension Resubmits Rescue Plan to Treasury

08/08/2016 | BNA Pension & Benefits Daily

An Iron Workers local pension fund has withdrawn and resubmitted its application for benefit suspension approval from the Treasury Department, restarting the clock on the department’s review.


Iron Workers retirees get temporary reprieve from pension cuts

08/04/2016 | Cleveland Plain Dealer

Retired iron workers in Northeast Ohio will get a short reprieve before their pensions could be cut.


Retirement panic? It's not all your fault.

07/23/2016 | Market Watch

If you’re like many Americans, you’re worried about retirement, but a new report suggests that blame for retirement insecurity can’t be laid solely at the feet of individual savers.


Wall Street Vultures May Have Wrecked the Central States Pension Fund

07/21/2016 | In These Times

Bowing to the demands of thousands of angry Teamsters, the federal Government Accountability Office (GAO) has agreed to conduct an inquiry into the past investments of the Central States Pension Fund, the organization that manages the retirement benefits for more than 400,000 union members, both retired and active.


Democrats Promise to Defend Fiduciary Rule, Bolster Multiemployer Pension Plans

07/19/2016 | Bloomberg BNA

On June 22 Republican's fell short in their effort to override President Barack Obama’s veto of resolution that would have blocked the rule from taking effect, but they haven’t given up the battle. More...

SAVE UPs Act mandating emplolyer contributions introduced

07/13/2016 | BenefitsPro

Rep. Joseph Crowley, D-New York, today introduced legislation intended to aggressively improve access to workplace retirement savings plans.


Speaking out on Section 385

07/11/2016 | Politico

Now that opponents of the Treasury Department’s proposed Section 385 regulation have failed — so far — to stall its momentum, the next outlet for critics and supporters will come Thursday, at an IRS hearing. 


Three LI multi-employer pension funds struggle financially

07/09/2016 | Newsday

Three union pension funds based on Long Island, and dozens nationwide, have warned the U.S. Department of Labor that they are in danger of running out of money to pay retiree benefits because they have too few workers supporting too many retirees, according to filings and pension experts.