Treasury department

Teamsters, Bricklayers funds eye multiemployer benefit cuts

Teamsters, Bricklayers funds eye multiemployer benefit cuts

New York State Teamsters Conference Pension and Retirement Fund is expected to file an application on Aug. 25 to reduce benefits under the Multiemployer Pension Reform Act of 2014, according to a...

August 12, 2016 | 03:29 pm
U.S. Treasury sees bond liquidity, but not as we know it

U.S. Treasury sees bond liquidity, but not as we know it

Debt investors can breathe a sigh of relief and stop fretting about liquidity in the market, according to the U.S. Treasury.

July 07, 2016 | 10:31 am
FSOC rescinds GE’s too-big-to-fail designation

FSOC rescinds GE’s too-big-to-fail designation

The Financial Stability Oversight Council voted to rescind its designation of General Electric Co. as a systemically important financial institution, the Treasury Department announced Wednesday.

June 29, 2016 | 11:28 am
GAO asked to investigate Central States' investments

GAO asked to investigate Central States' investments

Members of Congress asked the Government Accountability Office on Tuesday to investigate the investment decisions made by the $17.8 billion Teamsters Central States, Southeast & Southwest Areas...

June 21, 2016 | 03:37 pm

Road Carriers Local 707 denied MPRA relief

Road Carriers Local 707 Pension Fund, Hempstead, N.Y., was denied permission by the Pension Benefit Guaranty Corp. to partition the plan and create a new retirement plan for terminated vested and...

June 20, 2016 | 02:17 pm