After finally tackling pension reform, Illinois legislators now need to figure out a way to help Chicago, which faces a steep increase in pension contributions in 2015.
December 05, 2013 | 08:00 am
Charities and rural cooperatives got closer to pension funding relief Wednesday as the Senate Health, Education, Labor and Pensions Committee unanimously approved legislation co-sponsored by Chairman ...
October 30, 2013 | 03:09 pm
A package of reform proposals to help the most troubled multiemployer pension funds is running into more opposition from some union and retiree advocates.
October 29, 2013 | 03:59 pm
Indiana Public Retirement System, Indianapolis, on Friday asked a legislative committee for clarification on its recommendation against privatizing management of the retirement system's $5.5 billion...
October 25, 2013 | 03:07 pm
The history of U.S. pension legislation over the last four decades is largely one of playing catch-up.
October 14, 2013
With assets totaling trillions of dollars, non-U.S. asset owners, including foreign pension plans and sovereign wealth funds, are fertile ground for investment managers to increase their assets under ...
October 09, 2013 | 09:00 am
California filed a lawsuit against the Department of Labor on Friday for “improperly denying federal grants to California public transit works after it erroneously concluded that the pension...
October 04, 2013 | 05:47 pm
Since it began its pension project in 2007, the Pew Charitable Trust has shed considerable light, and focused needed attention, on the funding challenges of public employee retirement systems.
September 30, 2013
Retirement security for millions of skilled American workers is at stake without Congress taking action to shore up multiemployer pension plans.
September 26, 2013 | 04:35 pm
A draft proposal in Congress to change the taxation of financial products could affect pension funds and other tax-exempt institutional investors.
September 02, 2013
On Sept. 9, some $2 trillion in corporate defined benefit pension plan assets, affecting approximately 20 million plan participants, will be subject to new regulations under the Dodd-Frank Wall...
September 02, 2013
Labor Secretary Thomas Perez inherited a fight over workers' rights and California's pension reforms.
August 19, 2013
Employer groups are pushing the Obama administration for guidance following the Supreme Court's June 26 decision that voided key provisions of the Defense of Marriage Act. That decision becomes...
July 18, 2013 | 03:55 pm
Charities and rural cooperatives could get some pension funding relief under legislation introduced Tuesday by Senate Health, Education, Labor and Pensions Committee Chairman Tom Harkin, D-Iowa, and...
July 16, 2013 | 03:51 pm
Illinois Gov. Pat Quinn acted on Wednesday to suspend the pay of state legislators until comprehensive pension reform is enacted, a day after lawmakers failed to deliver a bill to the governor by his ...