Legislation

New Jersey Supreme Court rules COLA suspension is constitutional

New Jersey Supreme Court rules COLA suspension is constitutional

The New Jersey Supreme Court on Thursday ruled constitutional a 2011 law suspending cost-of-living adjustments for retirees covered by the $70.9 billion New Jersey Pension Fund, Trenton.

June 09, 2016 | 02:12 pm
Republican alternative to Dodd-Frank on tap

Republican alternative to Dodd-Frank on tap

A replacement for the Dodd-Frank Wall Street Reform and Consumer Protection Act was unveiled Tuesday by House Financial Services Committee Chairman Jeb Hensarling, R-Texas.

June 07, 2016 | 02:36 pm
SSgA CEO urges Congress to act on retirement savings for all

SSgA CEO urges Congress to act on retirement savings for all

State Street Global Advisors' President and CEO Ronald O'Hanley is calling on Congress to enact legislation that ensures workplace retirement savings coverage for all private-sector workers in the U.S.

June 06, 2016 | 04:23 pm
Minnesota governor vetoes bill to cut COLAs for 2 large state pension plans

Minnesota governor vetoes bill to cut COLAs for 2 large state pension plans

A Minnesota bill that would have cut cost-of-living adjustments for retirees in the Minnesota Teachers Retirement Association and Minnesota State Retirement System was vetoed Tuesday by Gov. Mark...

June 01, 2016 | 02:25 pm
Bridgewater lands $22 million in aid from Connecticut

Bridgewater lands $22 million in aid from Connecticut

Bridgewater Associates, the world’s largest hedge fund, will receive $22 million in aid from Connecticut, which has been working to keep businesses from leaving the state.

May 31, 2016 | 12:55 pm