In-Depth: What Hath Roth Wrought?
The forced ‘Rothification’ of defined contribution plans would be a disaster, say industry experts.
Regulation
China to Use State Assets to Close Pension Fund Gap
Plan is part of government effort to compensate for aging population.
US Lawmakers Propose Pension Rehabilitation Administration
Treasury unit would allow pension plans to borrow money to remain solvent.
In-Depth: What to Expect from 2018 PBGC Premiums, Mortality Rates
LDI, pension risk transfers “likely” to increase as new tables, premiums take hold, experts say.
Union Members Urged to Reject BT Pension Proposals
Communication Workers Union says a major industrial relations showdown looks inevitable.
Kentucky Calls for Redo of TRS Pension Bill Analysis
State budget director balks at report that says proposed reform plan will cost taxpayers billions.
Kentucky Education Groups Offer Alternative Pension Reform Plan
Coalition calls for less generous plans, but nixes switch to DC.
Houston Voters Approve $1 Billion in Pension Bonds
$750 million will go to the city’s police pension, and $250 million to the municipal workers' pension.
Unite to Vote on Royal Mail Pension Proposals
Union doesn’t offer a recommendation, but calls proposals “best achievable” package.
Treasury Approves Benefits Cuts for United Furniture Workers Pension Fund
Pension becomes only the second fund to be approved for cuts under Klein-Miller.
Moody’s May Cut State of Illinois, Chicago Board of Ed Credit
Downgrade would place the state’s credit rating below investment grade.
Scranton Pension Board Sued for Double Payments
Lawsuit cites 2015 Audit Report that said the payments disregarded the laws governing pension plans.
Trump Seeks to Fill National Labor Relations Board Vacancies
If the two rumored candidates are confirmed, the board will see its first Republican majority since the Bush administration.
High Court Ruling May Not Settle Church Plan Issue
Sotomayor comments suggest decision goes against spirit of ERISA exemption.
Houston Firefighters File Lawsuit to Block Pension Reform
Pension fund claims bill violates the Texas state constitution.