Latest Cash balance plan Stories
A recent U.S. Supreme Court decision could have a great deal of significance for employees and retirees with a private pension plan, a University of Illinois elder law expert says.
BOSTON, Jan. 11 /PRNewswire/ -- Edward M. Lynch, Jr., AIFA was named as one of the 40 Most Influential Retirement Plan Advisors in the U.S. in a recent poll.
To: BUSINESS EDITORS Contact: Ed Emerman for Watson Wyatt Worldwide, +1-609-275-5162, firstname.lastname@example.org; or Steve Arnoff of Watson Wyatt Worldwide, +1- 703-258-7634, email@example.com WASHINGTON, Oct.
By Turner, John A Many of our social and employee benefit policies were designed for an era when people had shorter life expectancy and employers had a large cohort of younger workers to replace those retiring.
By Susan Cornwell WASHINGTON (Reuters) - U.S. congressional negotiators are considering an option that would give companies struggling to fund pensions more time to do so, House Republican Leader John Boehner said on Thursday.
By Susan Cornwell WASHINGTON (Reuters) - Workers generally lose retirement benefits when employers switch from traditional pensions to cash balance plans, a congressional study released on Friday said.
By Susan Cornwell WASHINGTON, Sept 8 - The federal agency that insures private pensions would be able to cut deals with individual companies granting more time to pay pension liabilities under a bill approved by a Senate panel on Thursday.
By Susan Cornwell WASHINGTON (Reuters) - U.S. Senate legislation to strengthen the private pension system is unlikely to give financially struggling airlines more than 15 years to stretch out their pension payments -- a decade less than they have sought, finance committee aides said on Thursday.
WASHINGTON (Reuters) - House Republicans have agreed on aproposal aimed at eliminating the legal limbo surrounding "cashbalance" pension plans, and will include it in legislationexpected to advance on Wednesday, an aide said.
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