Lawmakers Want to Be More Careful With Pension Funds

Legislators can keep the state from racking up new pension debts by using better assumptions and expediting payments for any problems that pop ...

Lawmakers confront costly choices as state workers rally for better ...

The plan called for the state pension system to reach a 90% funding level by 2045. But the law back-loaded major state payments and was ...

Don't redirect pension funds - Mackinac Center

Gov. Gretchen Whitmer wants to take $670 million out of the state's pension debt payments and spend it elsewhere. Michigan legislators should be careful.

Climate wars: US pension funds navigate political divide

For red-state pension plans, the conflict often pits a climate-risk conscious pension board against state legislators and treasurers pushing an ...

House lawmakers plan to force a vote on bill to kill provision that ...

The Social Security Fairness Act would abolish two tax provisions that reduce retirement benefits for some federal workers ... like the Civil ...

'The 401(k) industry owns Congress': How lawmakers quietly ...

Greased by lobbying and campaign cash, tax breaks for retirement savings are one thing Congress agrees on. But they also blow out the ...

Illinois lawmakers consider pension reform for state workers

Experts on the teacher retirement system, the state's largest government retirement fund, have cautioned “Tier 2” benefits would begin to fall ...

Repeal or reform? House lawmakers weigh responses to WEP, GPO

Learn what you need to know as you make your annual health care benefits choices. ... If two-thirds of a government pension is more than ...

Illinois needs responsible Tier 2 pension reform

The pension crisis is also unfair to private-sector workers, the median of whom earn less than $60,000 per year yet are asked to fund pensions ...

Social Security will not be able to pay full benefits in 2035 if ... - CNN

Social Security and Medicare will not be able to fully pay benefits in just over a decade if lawmakers don't act to address the pending shortfalls.

The State Pension Funding Gap: Plans Have Stabilized in Wake of ...

Pew estimates that total unfunded liabilities dropped below $1 trillion by the end of fiscal 2021, which would push state plans to be more than ...

Lawmakers force a vote on eliminating the windfall elimination ...

The windfall elimination provision reduces the Social Security benefits of around 2 million former civil servants, while the GPO affects nearly ...

Anti-ESG legislation seen facing uphill struggle to become law

The bill would prohibit the Comptroller from using ESG criteria as a screening method for selecting companies and funds in which to invest the ...

Missouri pension bills include benefits for lawmakers, officials while ...

Inside pension bills passed by Missouri lawmakers is a provisions that could boost the incomes of Gov. Mike Parson and Lt. Gov. Mike Kehoe.

'Nobody's getting wealthy on Social Security,' lawmaker says.

Retirement age may be pushed higher ... Meanwhile, the Republican Study Committee's budget, comprising proposals from 192 Republican House members ...

FACT SHEET: 80% of House Republicans Release Plan Targeting ...

Like President Biden promised in the Capitol, “If anyone here tries to cut Social Security or Medicare or raise the retirement age I will stop ...

Dodging the Pension Disaster | National Affairs

Indeed, one of the inherent dangers of defined-benefit pensions is that such schemes allow lawmakers to promise future payments to state workers without having ...

Lawmakers Eye Lame-Duck Session for Unfinished Health Care ...

Some Republicans close to leadership prefer a lame-duck health package to “clear the decks” and allow for possible development and consideration ...

Lawmakers, regulators taking hard look at private equity's influence

The bill would give the attorney general more power over change of control transactions involving private equity and hedge funds and healthcare ...

Liberal Lawmakers Trying to Bail Out Private Pensions With ...

Instead of bailing out 100 percent of private union pension plans' unfunded pension promises, lawmakers should focus on reforming the PBGC so ...