Changes Could Be Coming for Pennsylvania’s Municipal Pensions As Auditor Turns In Recommendations
Pennsylvania’s Auditor General on Tuesday turned in his recommendations to Gov. Tom Wolf for improving the funding of the state’s municipal pension systems.
Auditor General Eugene ...
Big Changes for University of California Retirement System As New Budget Mandates 401(k) Plan
A new budget deal, recently crafted and passed by California lawmakers, contains an overhaul of the University of California retirement system.
The UC retirement system is shouldering ...
In Pennsylvania, Bill to Shift New Public Safety Hires to 401(k) Gains Momentum
A Pennsylvania Senate panel on Wednesday approved a bill that would allow municipalities to shift new police and firefighter hires into a 401(k) system.
The measure is designed to ...
Video: Is the Retirement Crisis a Women’s Crisis?
In this video, Sallie Krawcheck discusses how the retirement crisis is a women’s crisis — and how closing the gender pay gap could lead to better retirement outcomes for ...
Are Patient Privacy Laws Being Misused to Protect Medical Centers?
Charles Ornstein is a senior reporter for ProPublica and a past president of the Association of Health Care Journalists. This story originally appeared on ProPublica.
In the name ...
Kenneth Feinberg Appointed to Oversee Benefit Reductions for Multi-Employer Plans
Congress last year passed legislation that allows trustees of some multiemployer pension plans to submit proposals for benefit reductions; the process is designed to give funding relief ...
Military Pension Overhaul Hits Snag As Bill Passed, Then Blocked, By Senate
A proposed overhaul of the U.S. military’s pension system, endorsed by the Pentagon last week, has now hit a roadblock.
The overhaul was one piece of a much larger military bill ...
Social Security Q&A: Are My Benefits Enough to Retire Now?
Question: I would like to retire at 60. I am 59-and-a-half this year. My husband and I were married for four years. He passed away when he was 57 and never applied for Social Security. ...
California Supreme Court Upholds San Francisco Pension Cut Reversal; COLAs Restored for Many
The California Supreme Court denied the state’s appeal Wednesday to a recent lower court decision that reversed a portion of pension cuts passed in 2011.
The court overturned the ...
Social Security Q&A: Do Social Security Benefits Help the Economy?
Question: These days, with millennials hurting, there is talk of generational “warfare.” Greedy geezers versus unemployed millennials, with the lurking specter of poorly paid millennials ...