Featured Jobs
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The Pension Source
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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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DWC ERISA Consultants LLC
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Nova 401(k) Associates
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BPAS
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EPIC RPS
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BPAS
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Merkley Retirement Consultants
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Compensation Strategies Group, Ltd.
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Defined Benefit Specialist II or III Nova 401(k) Associates
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Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
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July Business Services
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Free Newsletters
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The Gut-Wrenching Truth About Pensions
Thomas C. Nyhan, Executive Director and General Counsel, Central States Pension Fund
[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."
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