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Pension Rights Center

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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Pension Plan Clawbacks Becoming More Common In U.S.

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In recent months, many seniors have been surprised to find that they have been the subject of a pension plan clawback, an action that is occurring more frequently across the United States.

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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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How to search for lost pension money

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Dear Savvy Senior: What tips can you offer for tracking down a lost pension from a previous employer?

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Why Labor Department Gets a Say on IRA Advice

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Individual retirement accounts are a creation of tax law, with rules spelled out by the Internal Revenue Service. Now the Labor Department, which oversees workplace retirement plans, is weighing in—proposing new rules for brokers and others giving advice about retirement savings.

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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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Supporters, Critics, Gear Up for Fight Over Proposed Expanded Fiduciary Definition

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Supporters and opponents of the Department of Labor's conflict-of-interest proposed regulation ramped up their campaigns soon after the Obama administration announced the rule's release.

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