Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Education Consultant

Pentegra
(Remote / Putnam Valley NY)

Pentegra logo

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Nicholas Pension Consultants logo

Retirement Plan Analyst/Administrator

Compensation Strategies Group, Ltd.
(Remote / Beaumont TX)

Compensation Strategies Group, Ltd. logo

Quality Assurance Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



The Gut-Wrenching Truth About Pensions
Thomas C. Nyhan, Executive Director and General Counsel, Central States Pension FundLink to more items from this source
[Opinion]
Dec. 23, 2015
"U.S. Sen. Bernie Sanders' and U.S. Rep. Marcy Kaptur's bill to provide federal funding to plans like Central States is well-intentioned, and we would love to see it pass. But in the current political climate, it is difficult to understand where the votes would come from.... Nobody wants to reduce pension benefits. It is a gut-wrenching course of action that we must take, having exhausted every other reasonable alternative solution. As fiduciaries of the Central States Pension Fund, we have an obligation to safeguard our participants' retirement security and the financial well-being of the fund -- now and in the future."

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 link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022 BenefitsLink.com, Inc.