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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 ...
Task Force Will Look At Funding Solutions For Kentucky Teachers’ Pension
Kentucky Gov. Steve Beshear announced on Tuesday the creation of a 23-person panel that will act as a pension funding “task force”.
The panel will study the state’s Teachers’ ...
Social Security Q&A: Will My Spousal Benefit Reduce My Husband’s Retirement Benefit?
Question: I currently receive benefits under the civil service program with the federal government and don’t have enough paid into Social Security. My husband retired on disability ...
Texas Law Boosts Pension Contributions for Workers, State
Texas Gov. Greg Abbott last week approved a measure that will increase pension contributions for both employees and the state, in an effort to improve the funding of the state’s ...
Social Security Q&A: Can I Claim on My First Ex’s Record After Divorcing?
Question: I am 63 and get my own Social Security every month. I am still married but separated and planning to divorce soon. My first marriage ended in divorce after 20 years. When ...
Pennsylvania Took Familiar Path to Pension Underfunding
Pennsylvania’s pension underfunding stems from a series of policy decisions – a mix of contribution holidays and benefit increases – made in the 1990’s and early 2000’s.
Pennsylvania’s ...




