Pentagon Probes for Details on Proposed Military Retirement Overhaul

Last month, the Military Compensation and Retirement Modernization Commission released a long-awaited report containing a series of policy proposals designed to decrease the cost of ...

Military Benefit Cuts a Tough Sell in Congress

Last month, the Military Compensation and Retirement Modernization Commission produced a report that recommended a series of changes to the military’s retirement benefit system. Among ...

Omaha Approves Pension Changes; New Hires Will Be Put Into 401(k)-Style Plan

On Tuesday, the Omaha City Council approved a major change in the city’s pension system. Starting on March 1, all new city hires will be placed into a pension plan that resembles ...

Inside The Proposed Changes to Military Retirement Benefits

The Military Compensation and Retirement Modernization Commission has spent the last two years drawing up policy proposals to decrease the cost of military benefits, including retirement ...

Pennsylvania Lawmaker Will Reintroduce Plan to Replace Pension System With Mandatory 401(k) Plan for All New Public Employees

Pennsylvania State Rep. Warren Kampf says he will be reintroducing a bill that would significantly alter the states pension system. The bill would create two new, mandatory defined-contribution ...

New Congress Likely to Attempt Federal Pension Reform; What Should Federal Workers Expect?

The New Congress has already proved it has its eye on retirement benefits. But even with lawmakers’ eyes locked on Social Security, there may be federal pension changes coming down ...

Women Especially Vulnerable to Congress’ Pension Cuts

Last week, Congress passed a bill that contained the Multiemployer Pension Reform Act of 2014, which allows trustees in multi-employer plans to cut benefits in order to remain solvent. The ...

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 ...
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