Pension Reform
Pension Reform News, Articles, Blogs, Webinars, White Papers & Events. Human Resources Management featuring HR news on Pension Reform.
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Pension Reform Timetable Falters
… Congress to work out a compromise on a complicated pension reform bill. A House-Senate conference committee on the ..... factors adding urgency to the conference because the pension reform measure would introduce a different bond rate for …
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Future Pension Reform to Include DC Investment Advice Rules
Rep. Rob Andrews, D-New Jersey, said Tuesday, March 24, that any pension reform legislation considered by the House Education and Labor Committee will include new guidelines for offering investment advice to …
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Pension Reform Talks Hinge on Rules Defining ‘At-Risk’ Status
… the House and Senate passed different versions of pension reform that encompass complicated funding rules, provisions ..... for Xerox and spokesman for the Pension Coalition. Pension reform has been spurred in part by a nearly $23 billion …
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House Passes Pension Reform , Setting Stage for Tough Talks
… to begin reconciling differences in each bodyâ s pension reform legislation, plenty of controversial issues will ..... companies to fund 100 percent of their pension promises. Pension reform is coming to a head because several large companies …
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Illinois Pension Plans on Road to Ruin: Report
… toward insolvency without any major pension reform , according to a report by the ..... legislators has prevented any meaningful pension reform since 2010 when the General Assembly ..... increases probably will be needed. Pension reform is necessary to salvage the benefits …
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Pension Reform Proposal Could Hit Companies with Older Workforces the Hardest
… liability calculation isnâ t the only issue that the foundation and other critics have with the administrationâ s pension reform proposal. The premiums that companies pay to the Pension Benefit Guaranty Corporation would also rise--up to …
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Firms Gauging Impact of Pension Reform Law
I t may take as much time for companies to sort out the meaning of pension reform legislation as it did to get the bill approved. After working for more than a year to draft legislation, spending four months …
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States Taking a Hard Look at Pensions
Considering that state and local pension systems are staring at $4 trillion in unfunded liabilities, it's no wonder that pension reform is on the minds of legislators across the country. Workforce Management takes a state-by-state look at the mounting problems and potential solutions being ...
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Pension Reform
The new law increases the 401(k) contribution limit, increases compensationlimits on which retirement benefits are based, and eliminates the Code section415(c) 25 percent of annual pay limit.
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Judge Rules Law Mandating State Employee Contributions Is Unconstitutional
… has ignored 30 years of Supreme Court precedent in a decision that refuses to allow Florida to have common-sense pension reform . This is another example of a court substituting its own policy preferences for those of the Legislature." In a …
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San Diego Public Employee Pension System Reform Going to Popular Vote in 2012
… the total pension payout per employee (names will be withheld) denoting their last position held. Comprehensive Pension Reform for San Diego, an advocacy group pushing the legislation, said the new retirement system could save city taxpayers …
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Longer Talks May Delay Bill's Implementation
… April, the clock was ticking on pension reform . And the longer it takes to reach ..... also generating controversy. Pension reform is driven in part by a nearly ..... confident that we can produce a pension reform bill that the administration will …
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Pension Tension
… take out their frustrations over pension reform on Belt--not on the record but ..... the capitol On Capitol Hill, pension reform has bipartisan support, as was demonstrated ..... constructive dialogue with the Hill on pension reform . "People will differ on how to achieve …
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Teamsters Keep Up Fight After Pension Bill Signed
Even though Congress has approved major pension reform legislation and President Bush has signed it, the ..... including UPS. The group strongly endorsed the pension reform bill. DeFrehn says Teamster opposition stems more …
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NEWSMAKER #1 John Boehner
Rep. John Boehner’s focus on pension reform did not begin when he persuaded 76 Democrats to vote July 28 for HR 4, a bill he sponsored. It began seven years earlier. As …
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The Default Dilemma
There is no question that the pension reform measure passed in August 2006 solved a lot of the issues that 401(k) plan sponsors have wrestled with in recent years. Specifically …
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Energy Dept. Policy Raises Democrats’ Ire
… contract workers, but itâ s unclear whether the agencyâ s move will have an impact on House-Senate negotiations over pension reform legislation. Sen. Edward Kennedy, D-Massachusetts, Senate Minority Leader Harry Reid of Nevada and four other …
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More Employers Move to Offer Roth 401(k)s
With the passage of pension reform , the uncertain fate of Roth 401(k)s has disappeared, paving the way for employers to add the accounts. For companies like …
