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5 Matching News Items

1.  The [Bridgeport] Connecticut Post Link to more items from this source
May 2, 2016
"The Democratic lieutenant governor broke an 18-18 tie in the Senate Saturday, cementing final legislative approval of a measure first proposed several years ago. It now moves to the governor. The bill creates an agency that will establish a Roth individual retirement account program for workers whose employers have at least five employees paid at least $5,000 in the preceding year. The employers will be required to automatically enroll each worker, who can opt out."
2.  The [Bridgeport] Connecticut Post Link to more items from this source
July 6, 2016
"The order prohibits the company from writing any new policies or renewing those that expire after Aug. [1] The move stems from an order ... that the company pay $13.4 million to [CMS] as part of the [ACA] Risk Adjustment Program."
3.  The [Bridgeport] Connecticut Post Link to more items from this source
Aug. 28, 2017
"After a half-year-long delay in gathering enough members to get off the ground, the state's Retirement Security Authority met for the first time [August 24], with the task of setting up a new payroll deduction savings plan for as many as 600,000 residents who do not have traditional plans.... State residents could begin to register for retirement savings accounts in 2019 or 2020."
4.  The [Bridgeport] Connecticut Post Link to more items from this source
Dec. 30, 2008
"For the most part, pension boards are made up of ordinary citizens, and many of those unpaid volunteers have little financial expertise. Some towns place a city official -- either a finance director, treasurer or elected council member -- on the board, but that's more the exception than the rule."
5.  The [Bridgeport] Connecticut Post Link to more items from this source
May 24, 2012
"The European debt crisis is a real threat to pensions of all types as the global economy has made protecting assets through diversification much more difficult ... The traditional argument in favor of international investing, namely diversification, is waning as the global marketplace become flatter and various trading venues become more closely linked," said Susan Mangiero, a financial risk manager and managing director at New York-based FTI Consulting.

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