Legislative branch
Business leaders urge permanent pension funding relief
A group representing executives of companies that sponsor some of the nation's largest pension plans urged members of Congress to permanently ease rules for interest rates used to calculate their...
May 15, 2012 | 05:38 pm
Putnam's Reynolds aims to put retirement security on election agenda
In a presidential election with many competing issues already on the table for the Democrats and Republicans, Putnam Investments chief executive Robert Reynolds wants to turn the conversation to...
May 10, 2012 | 06:45 pm
Action needed on pension relief
The U.S. House of Representatives has not included pension funding relief in its version of the highway bill, as the U.S. Senate has done in its version.
April 30, 2012
House panel OKs higher federal employee contributions
Federal employees would contribute an additional 5% of their salary to their defined benefit pension plans under a bill approved Thursday by the House Committee on Oversight and Government Reform.
April 27, 2012 | 03:56 pm
The shrinking Social Security trust fund: Are we really surprised?
Various media reports presented news of the shrinking Social Security trust fund as a surprise. For anyone who has followed the health of the system and knows its history this is no real shock.
April 26, 2012 | 10:00 am
Putnam's Reynolds is worried about future of retirement savings incentives
Despite emerging unscathed from an initial review by a House committee, tax incentives for retirement savings could be curbed or eliminated as part of comprehensive tax reform and deficit reduction,...
April 23, 2012 | 01:16 pm
House panel targets retirement tax reform ideas
Rep. Dave Camp, R-Mich., chairman of the House Ways & Means Committee, said Tuesday that simplification, increased participation and proper targeting of tax incentives should be prerequisites for...
April 17, 2012 | 04:30 pm
Senate, letter carriers consider Postal Service pension reform
The Senate on Tuesday began debating ways to rescue the financially strapped United States Postal Service, including funding an early retirement buyout program from previous and ongoing overpayments...
April 17, 2012 | 04:25 pm
JOBS Act eases some IPO regs, raises investor concerns
The regulatory fast track that Congress gave to emerging growth companies seeking public capital might make it easier for institutional investors to exit those investments in either emerging growth...
April 02, 2012
Federal employee contribution hikes, pension funding relief on hold
The House budget proposal approved Thursday includes requiring federal employees to split the cost of their pension contributions, but the partisan vote to approve it makes prospects dim that the...
March 30, 2012 | 03:28 pm
JOBS Act passes House; Obama expected to sign bill
The House on Tuesday approved letting companies with up to $1 billion in annual revenue sidestep some regulations on disclosure, auditing and corporate governance when launching IPOs or raising cash.
March 27, 2012 | 03:41 pm
Senate passes JOBS Act, but institutional investors wary
Pension funds and other institutional investors are bracing for the fallout from legislation approved 73-26 by the Senate on Thursday that removes some regulatory protections to make it easier for...
March 22, 2012 | 04:12 pm
House Republicans unveil 2013 budget plan
Political jockeying over the fiscal 2013 federal budget began in earnest Tuesday as House Republicans unveiled their budget proposal.
March 20, 2012 | 04:23 pm
Pension funding changes could offer some relief
Providing funding relief for corporate pension plans sounds reasonable enough that even the AFL-CIO is cautiously behind the idea of a Senate proposal included in the highway funding bill passed last ...
March 19, 2012
Senate passes pension funding relief in highway bill
The U.S. Senate on Wednesday approved allowing corporate defined benefit pension plans to base their contribution calculations on interest rates over a 25-year average rather than current interest...