Two Pension Bills Sitting in Pennsylvania Legislature Likely to Resurface In 2015 – Here’s How They Would Change Things
Pennsylvania’s outgoing governor, Tom Corbett, made reforming the state’s pension system his top priority over the last year. But his plan – which would shift new hires into ...
How to Manage Inflation During Retirement
Inflation hasn’t been an issue retirees have had to worry about for a long time. But that doesn’t mean it’s okay to forget about it entirely – if it comes back, retirees need ...
Think Tank Says New Jersey Pension Benefits Not That Lucrative
One of the criticisms leveled at New Jersey and its underfunded pension system – and one of the main justifications used to cuts in worker benefits – is that New Jersey’s public ...
Many Rhode Island Retirees Will Have COLAs Unfrozen For First Time in Four Years
One of the pillars of Rhode Island’s sweeping 2011 pension reform law was the suspension of annual cost-of-living-adjustments for retirees.
According to the Civic Federation, the ...
Memphis Council Approves Hybrid Pension Plan; Changes Will Affect Many Current Workers
FOX13 News, WHBQ FOX 13
After several meetings worth of debate, the Memphis City Council passed major changes to the city’s pension system on Tuesday – and the changes won’t just ...
Unions Sue Over Chicago Pension Cuts Set to Come in 2015
Chicago unions and public employees filed a lawsuit Tuesday to block pension changes coming in 2015 that would reduce future COLA increases and require workers to pay more toward their ...
Senate Passes Smart Savings Act; Bill Would Auto-Enroll Federal Workers In Less Conservative Savings Plan
The Senate last week passed the Smart Savings Act, a bill that would tweak the way federal employees are auto-enrolled in the Thrift Savings Plan.
The proposal aims to auto-enroll ...
Video: What’s The Average Net Worth of America’s Near-Retirees?
This discussion features Dean Baker of the Center for Economic and Policy Research – a self-proclaimed non-partisan (but sometimes left-leaning) think tank.
He talks about the net ...
New Hampshire Supreme Court Rules State Can Increase Employee Pension Contributions Without Benefit Increase
The New Hampshire Supreme Court ruled this week that the state can increase public employees’ pension contributions – even for vested workers.
Since the increased contribution ...
Lawmakers: Social Security Administration’s Response to Physician-Assisted Fraud Is “Woefully Insufficient”
Two top-ranking Republican lawmakers are drawing attention to a recent report from the Government Accountability Office (GAO) that details how the Social Security Administration’s ...
