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Point Man on Pensions

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Josh Gotbaum scored a coup last month for the obscure-but-important federal agency he runs when American Airlines parent AMR Corp. reversed plans to dump its underfunded pension plans on the Pension Benefit Guaranty Corp.

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Safeguard Your Pension Benefits in Retirement

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The Pension Counseling and Information Projects are mentioned in this Morningstar column, which offers advice on protecting your pension benefits.

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A New Chapter of Pension Plan Woes

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Pensions used to be a reliable stream of retirement income, but these twists and turns could put a pension benefit in jeopardy.

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Erie's Saint Vincent Health Center considers pension-plan change

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Saint Vincent Health System, scrambling to reverse more than $23 million in losses since 2009, wants to save money by changing its employee pension plan.

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Loophole Puts Pension Plans at Risk

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Seeking to cut pension costs, Jewish social service groups are using an obscure tax loophole to skirt federal rules that protect workers from being left out in the cold if their retirement plans collapse.

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Workers fight switch to church pension plans

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The Employee Retirement Income Security Act, known as ERISA, regulates most private-sector pensions. But it has always exempted plans operated directly by churches for their clergy and employees to make it easier for the churches to operate their plans.

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N.J. workers at religious institutions fear change threatens pensions

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Tens of thousands of current and former employees at scores of religiously affiliated institutions across the country face the same fear, as nonprofits increasingly seek refuge in "church" pension plans to escape onerous financial obligations, according to Eric Loi, an attorney at the Washington D.C.-based Pension Rights Center.

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Some church-linked pension funds drop ERISA coverage

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Legal exemptions that allow church-affiliated organizations to sidestep ERISA protections for their defined benefit pension plans increasingly are being used for less-than-holy purposes...[NOTE:  A slightly different version of this article appears in Business Insurance.]

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Tax Reform Will Shape Pension Agenda; Significant Regulations Expected in 2012

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Congress will pass no major retirement plan legislation in 2012, but the tax treatment of employment-based retirement benefits almost certainly will be part of any tax code overhaul in 2013—for which ideas and positions will become cemented in 2012— according to practitioners interviewed by BNA.

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Obama plan to boost retirement security, shore up pension agency faces hurdles

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Joshua Gotbaum, director of the Pension Benefit Guaranty Corp., has a problem.  His agency, which guarantees private-sector pensions promised to 44 million Americans, is saddled with a huge deficit at risk of growing out of control.

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