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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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EPIC RPS
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BPAS
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DWC ERISA Consultants LLC
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Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
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Merkley Retirement Consultants
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BPAS
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Nova 401(k) Associates
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Defined Benefit Specialist II or III Nova 401(k) Associates
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July Business Services
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Compensation Strategies Group, Ltd.
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Free Newsletters
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-- An attorney subscriber
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Search the News Archive
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55 Matching News Items |
| 1. |
NJ.com
Dec. 30, 2021
"John Mark Vine of Washington, DC, passed away on Wednesday, December 1, 2021.... He came to Washington to clerk for Judge Arnold Raum on the U.S. Tax Court and spent the remainder of his legal career at Covington & Burling, where he was instrumental in shaping important aspects of [ERISA] following its passage in 1974.... In addition to his groundbreaking work in the areas of employee benefits and executive compensation, John was a model and teacher for generations of younger lawyers."
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| 2. |
NJ.com
Jan. 27, 2019
"When contributions are front-loaded so that they occur early in the year, less 401(k) match may be received.... 401(k) participants that utilize lump sum contributions or front-load contributions early in the year can also expose themselves to higher levels of volatility."
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| 3. |
NJ.com
Apr. 3, 2017
"While adversaries argued in front of the U.S. Supreme Court last week, 79 people who once worked at St. James Hospital in Newark watched the clock.... Their pension fund would go belly up in less than a month.... They would lose retirement income that was promised for a lifetime. And no one is taking responsibility. But the case being decided by the highest court in the land could give new hope to the pensioners[.]"
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| 4. |
NJ.com
June 20, 2016
"If the Democratic amendment is approved by voters, the state will be constitutionally required to begin making contributions into the pension fund in the fiscal year that begins July 1. The payments will increase annually until reaching the full pension contribution recommended by actuaries in 2021, which is more than $5 billion.... Two of the largest pension funds are in danger of running out of money in 2024 and 2027."
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| 5. |
NJ.com
Feb. 11, 2016
"The proposal calls for freezing the pension system and moving active public employees onto a cash balance retirement plan, but it hinges largely on reducing health care costs to free up cash.... The commission argues pension and health benefits need to be rethought to prevent them from swallowing 27 percent of the state's annual budget by 2022.... This year, it's 14.3 percent."
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| 6. |
NJ.com
Jan. 20, 2016
"The new portal, modeled off of Washington state's marketplace, will be open to businesses with 100 employees or fewer. The state treasurer will vet and approve private retirement vehicles, including at a minimum Individual Retirement Accounts with and without employer contributions. It will also include the U.S. Department of Treasury-administered 'myRA' Roth IRA."
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| 7. |
NJ.com
Jan. 12, 2016
"The state Assembly voted after 1 a.m. Tuesday to cooperate with Gov. Chris Christie's veto of a bill creating a state-run retirement plan for private-sector workers, 12 hours after the governor handed down his executive veto. Christie gutted the plan, sponsored by the Democratic leaders in both houses, offering instead to create a small business retirement marketplace to close the gap in private-sector retirement savings."
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| 8. |
NJ.com
Jan. 5, 2016
"Just 27 percent of those polled said they offered some form of retirement plan. Those that didn't said they couldn't afford it (38 percent), their company was too small or new (20 percent), or relied on seasonal workers (20 percent). But nearly two-thirds of business owners who don't offer retirement plans said they would participate in a state-run program[.]"
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| 9. |
NJ.com
Dec. 23, 2015
"The bill (S2831) would require companies with at least 25 employees that don't already offer retirement accounts to offer the 'Secure Choice' retirement plan. Smaller companies with fewer than 25 employees can opt in.... The legislation has already passed the state Assembly."
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| 10. |
NJ.com
Nov. 18, 2015
"Doctors and hospitals would be required to disclose whether their services are not covered by a person's insurance network before treatment occurs under the latest version of a proposed bill aimed at curbing 'surprise' bills.... Hospital officials and physician office administrators would be legally obligated to explain up front who is covered and not covered, and how much more would a person pay for an out-of-network provider, according to the legislation."
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