Jump to Navigation
Jump to Content

Excess pension assets

House-Passed Highway Bill Would Extend Transfers of Excess Pension Assets

News Item

The House passed funding legislation that includes a section that would extend for four years provisions allowing employers to transfer excess pension plan assets to retiree-health accounts and group-term life insurance accounts.

More...

De-Risking Focuses on Business Issues; Retirement Security a Concern, Critics Say

News Item

After Ford Motor Co. and General Motors Co. announced earlier this year that they would offer some retired and former employees a one-time opportunity to take lump-sum distributions, pension rights advocates were surprised at how quickly other large employers appeared to follow suit. [PDF]

More...

Ellen Schultz: "Retirement Heist"

News Item

Pensions were once considered a cornerstone of retirement, and in many cases, untouchable. But over the past two decades, companies large and small have cut employee pensions and slashed retiree health benefits -- all the while turning huge profits on those plans.

More...

Has Your Retirement Been Stolen?

News Item

If you’re looking for a scary story to read this Halloween, try Retirement Heist.

More...

'Retirement Heist': How Firms Trimmed Pensions

News Item

As companies have been moving away from traditional pension plans, they have been shifting employees to new retirement plans, such as 401(k)s, that transfer the cost — and the risk — to workers.  Companies have claimed for years that old-style pensions were unsustainable. Author Ellen Schultz tells Morning Edition host Steve Inskeep that there's another explanation.

More...
print Syndicate content