Colorado House Amends Pension Bill
Four-plus hour debate leaves Democratic, Republican leaders equally dissatisfied with reform.
Regulation
First KY Pension Hearing Scheduled for Thursday
AG Beshear vows to ‘argue as hard as I can every single hearing to have this bill thrown out.’
Kentucky Gov. Signs Controversial Pension Bill, Immediate Lawsuit Follows
Teachers union organizes Friday walkout for members.
UK Proposes Default Drawdown Options for Retirees
Parliamentary recommendation aimed at protecting the ‘less engaged.’
Kentucky Gov. to Veto Revenue, Budget Bills
With two days left in the regular legislative session, state lawmakers call Bevin’s move ‘misguided.’
Chicago Pension Law Struck Down by Court
Fund must pay back participants three years’ worth of extra contributions.
UCU Members Vote on Summer Strike Suspension
Cambridge branch exec advises members to hold off until further clarity is presented.
Louisiana Proposes Pension Reform Bill
Bill would raise retirement age and add defined contribution element to state pension plans.
Union Says University Pension Cut Violates Pension Benefits Act
Lawyers for striking Carleton University workers say 2003 amendment broke a provincial pension law.
FCA Proposes Pension Risk Transfer Changes
Watchdog considering banning ‘contingent charging.’
Appeals Court Remands Successor Liability Case
Ruling finds in favor of pension seeking recovery from firm that bought its predecessor.
UK Proposes Increasing Pension Watchdog’s Powers
Government white paper suggests giving The Pensions Regulator (TPR) the ability to levy ‘punitive fines.’
Federal Judge ‘DROPs’ Police and Firefighter Pension System Lawsuit
Board froze DROP program due to insolvency woes.
Grim Fate Looms Over Kentucky Pension Reform
Stivers pessimistic as 10 days remain in regular session.