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Ohio congresswoman Marcy Kaptur, Bernie Sanders offer new legislation to repeal private pension cut provisions

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Presidential candidate Bernie Sanders and U.S. Rep. Marcy Kaptur, D-Toledo, are introducing legislation Thursday to repeal pension cut provisions in the Multiemployer Pension Reform Act of 2014.

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Summary of the pension cutback provisions in the Multiemployer Pension Reform Act of 2014

Legislation

In December 2014, Congress passed and President Obama signed into law the 2015 Omnibus spending bill, which included provisions of the Mult

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More GOP Senators Press DOL to Extend Fiduciary Comment Period

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Lawmakers on both sides of the aisle continue to pressure the Department of Labor to extend the comment period on its revised plan to amend the definition of fiduciary for retirement accounts.

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Lawmakers Ask DOL’s Perez to Extend Fiduciary Comment Period

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Lawmakers asked Labor Secretary Thomas Perez in two separate letters this week to extend by another 45 days the comment period on the Department’s redraft of its rule to amend the definition of fiduciary under the Employee Retirement Income Security Act.

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Split with White House widens as Democratic lawmakers ask DOL to extend comment deadline on fiduciary rule

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More than two dozen Democratic lawmakers are asking the Labor Department to extend the comment period on a controversial rule that would raise investment advice standards for brokers working with retirement accounts.

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A small victory in the war over pensions

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Religious exemptions to pension guarantees have led to theft, but workers at one New Jersey hospital fought back

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Major Financial Players Lobby Around Obama’s Investment Rules

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In the months since President Obama announced his support for new retirement investment rules that would stop advisers from pushing high-fee plans on small-fry American investors, several major financial organizations have lobbied hard on a bill that would undermine the commander in chief’s agenda, according to recently released lobbying records for the first quarter of the year.

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Some Union Pension Cuts Likely As New Federal Rules Take Shape

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The likelihood that hundreds of thousands of union members nationwide won’t be receiving the full pension benefits promised to them is becoming clearer as federal regulatory agencies in Washington, D.C., move to implement new pension legislation quietly approved in the final weeks of 2014.

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Teamsters Mount Grassroots Campaign to Block Pension Cuts

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Teamsters are up in arms over looming pension cuts that could slash the incomes of both current and future retirees—anyone under 80.

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Red flags for those mapping out their retirement years

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You think your Social Security benefits aren’t vulnerable? Then you should pay attention to what’s happened with pensions.

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