TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
|
Senior Specialist 401k Recordkeeping T Bank N.A.
|
New York City District Council of Carpenters Benefit Funds
|
Defined Contribution Account Manager Nova 401(k) Associates
|
Great Lakes Pension Associates, Inc.
|
Retirement Planners and Administrators (RPA)
|
Pollard & Associates
|
Fringe Benefit Group
|
Regional Sales Director (West) July Business Services
|
Greenline Wealth Management
|
Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
|
July Business Services
|
Retirement Solutions Specialists
|
July Business Services
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
The Lame-Duck Congress Plots to Undermine Retiree Pensions
Los Angeles Times [Opinion] Dec. 8, 2014
"Members of the House Education and the Workforce Committee are trying to slip the measure into an omnibus spending bill to be passed before Dec. 11, when Congress leaves Washington for its vacation recess. Pension advocates are up in arms, not least because the measure's actual language hasn't been made public.... [The] proposal [would] to allow plan trustees to cut retirees' pensions now, many years in advance of any looming insolvency. The benefit cut could be no lower than 110% of the PBGC guarantee, or about $14,150 for that 30-year worker this year. This would mean gutting the fundamental principle underlying the federal ERISA law governing private sector pensions."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |