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Will pension plans stage a comeback?

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A looming retirement crisis prompts a rethink about DB and DC models

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Speakers See Need to Simplify Pensions But Spar Over Changing Retirement System

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Pension plans need to be simplified, agreed representatives of the pension plan community at a Sept. 20 roundtable discussion before the Senate Health, Education, Labor and Pensions (HELP) Committee. [PDF]

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Delphi retirees gaining ground in fight to restore pensions

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Many of the nation’s 20,000 Delphi salaried retirees believe they are gaining ground in their three-year fight to have their full pensions restored.

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Should the 401(k) Be Reformed or Replaced?

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John Greene worked for 30 years at an Oscar Mayer plant in Madison, Wis., deboning hams and loading boxes of hot dogs. His plan grew to $60,000, and soon after retiring he began withdrawing $3,600 a year from it, money that allowed him and his wife to take what he called a wondrous two-week trip to Scotland, his ancestral homeland.

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Why you may retire in poverty

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Are you going to retire in poverty? Today's seniors are more affluent than the general population. But the generations that follow them - starting with the baby boom generation - will not be as fortunate. The decline of pensions, the erosion of Social Security and the housing crash all are pointing toward a new crisis of poverty among lower- and middle-class seniors in the years ahead.

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Harkin's retirement plan proposal is a hit

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Sen. Tom Harkin's proposal for a universal private retirement system with professional money management was praised by several pension experts as a first step in addressing ways to improve retirement security.

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Sen. Harkin Outlines Pension Proposal Based on Privately Trusteed Hybrid Model

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Sen. Tom Harkin (D-Iowa) released a retirement security proposal July 27, saying he will formally introduce legislation next year but that he wants candidates to debate the proposal during congressional and presidential campaigns this fall.

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Sen. Harkin proposes retirement plan revamp, Social Security fix

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Sen. Tom Harkin, D-Iowa, on Friday proposed a way to bolster retirement savings at work, plus a series of improvements to Social Security.

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Democratic Senator Proposes New Type Of Retirement Plan

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Senator Tom Harkin (D-IA) outlined the principles for a new type of retirement plan in a report released today. This sort of plan is sorely needed given the current state of retirement savings.

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Pension Rights Center Applauds Senator Harkin for Bold Proposal to Solve Nation’s Retirement Crisis

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Today the Pension Rights Center applauded Senator Tom Harkin, chairman of the Senate Health, Education, Labor, and Pensions Committee, for his new report, The Retirement Crisis and a Plan to Solve It.

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