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What Is a Defined-Benefit Plan?
Time Magazine· 1 week agoA defined-benefit plan, commonly known as a traditional pension plan, is a retirement plan funded ...
NY Pension Costs to Rise by More Than $4 Billion Under New Plan
Bloomberg via Yahoo Finance· 1 week ago(Bloomberg) -- Taxpayer contributions to New York City and state pensions would rise by more than $4...
Clear as Mud: Defined Benefit Plan Liability with Facility Sales, Restructurings and Cessations
The National Law Review· 5 days agoBenefit Guaranty Corporation (PBGC) leaves many unanswered questions about plan sponsor liability for single-employer defined benefit ...
Pension vs. Social Security: Which Will Give Me More Retirement Money?
SmartAsset via Yahoo Finance· 1 day agoMost retired workers depend on multiple streams of income during their retirement. Two of the most...
Delaware made changes to its lawmaker pension plan 27 years ago. Why they didn't stick
Delaware Online | The News Journal via Yahoo Finance· 2 weeks agoThe pensions office would not say how many legislators the change impacts but indicated it...
Pension Funds Are Pulling Hundreds of Billions From Stocks
The Wall Street Journal· 2 days agoThe $260 billion New... Fund, which serves police, firefighters and other public workers, is almost...
Welcome to 'peak boomer' era: A wave of retirees is about to blow through their savings and cling to...
Business Insider· 6 hours agoWhile more older boomers tend to have a pension, a looming wave of younger retirees are about to...
What Happens to My Pension if My Company Goes Bankrupt?
US News & World Report· 4 days agoAlong with pension payments, the PBGC provides basic guaranteed benefits including survivor's annuity benefits, disability benefits ...
Pritzker says state ‘obviously’ needs to change 2010 law that shrunk pension benefits
WMBD - FOX 43 Peoria· 4 hours agoSPRINGFIELD, Ill. (WMBD) — With a month-and-a-half left in the General Assembly’s spring session,...
Illinois Federal Court Holds that a Pension Rehabilitation Plan Fund Used an Improper...
JD Supra· 1 week agoThis decision represents a major victory for employers faced... of Illinois issued its decision in Central States, Southeast and Southwest Areas Pension ...