Newsletters 2012

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January 2012

INSIDE THIS ISSUE

  • How did N.J. get into this pension mess?
  • Do Credit Ratings Matter Anymore?
  • Pennsylvania fiscal watchdog’s municipal pension fix: what it means
  • Northern Trust: Managers overwhelmingly predict higher global market volatility
  • Cincinnati Strikes Deal for Pension Solvency
  • Funded Status of U.S. Corporate Pensions Falls to 87.3 Percent, According to BNY Mellon ISSG
  • Significant Multiemployer and Single Employer Benefit Rule Changes Take Effect
  • Cost of Retirement Income Jumped in 2014
  • Americans Overwhelmingly Oppose Changing. Tax Incentives for Retirement Saving
  • Could change be coming to Social Security

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February 2012

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March 2012

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April 2012

INSIDE THIS ISSUE

  • IRS to Issue Guidance on Normal Retirement Age Rules for Governmental Plans; Comments Due July 30
  • CALPERS TO PHASE IN EMPLOYER IMPACT OF DISCOUNT RATE REDUCTION EMPLOYERS WILL PAY HALF OF RATE INCREASE IN FIRST YEAR
  • Feds urged to consider public-private pension plan
  • Financial Pressures Constrain State and Local Government Hiring: Study Shows Layoffs Have Slowed but Pay Freezes and Benefit Cuts Continue
  • Watch for 401(k) changes in 2012 to get the most from your plan
  • United States: PBGC Announces New Enforcement Approach That Reduces Impact Of ERISA Section 4062(e) On Financially Sound Employers
  • SHRM-AARP POLL SHOWS ORGANIZATIONS ARE CONCERNED ABOUT BOOMER RETIREMENTS AND SKILLS GAPS
  • Retirement bottom line: Many will have to work until 70

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May 2012

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June 2012

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July 2012

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August 2012

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September 2012

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October 2012

INSIDE THIS ISSUE

  • EEOC Wins Summary Judgment on Liability in Baltimore County Pension Case
  • Bad news, good news on state pensions; VRS’ financial hole still getting deeper, but new contribution rates won’t be set for next year
  • Republicans build up, then fight, issue of bailouts for pension funds
  • 10 states where the public pension fight is fierce
  • RI takes the lead as states fight $1.4 trillion war with unions over public employee pensions
  • State Public Pension Gap: Shrinking But Still Huge
  • IRS increases contribution limits on retirement plans
  • US cos take aim at pension risk with lump-sum offers
  • Those in late 30s most concerned
  • Private-Sector Retirement Plan Income Steady
  • Social Security Announces 1.7 Percent Benefit Increase for 2013

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November 2012

INSIDE THIS ISSUE

  • Pennsylvania leaders reach tentative agreement on budget, pension reform
  • Government contribution rates for VRS are reduced
  • Chattanooga wins pension lawsuit filed by retired police officers, firefighters
  • Calpers Reports It Paid $3.4 Billion to Private‐Equity Firms
  • “Socially Responsible” Investing Under ERISA: New DOL Guidance
  • State Savings Programs for Non‐Government Employees
  • 2016 Medicare Parts A & B Premiums and Deductibles Announced
  • Year‐End Notices: Staying On Top Of The Requirements
  • Hybrid Plan Rules Leave Those Using Whipsaw in Tight Spot
  • Law Closes Lucrative Social Security Loophole:

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December 2012

INSIDE THIS ISSUE

  • CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM FILES OBJECTION TO SAN BERNARDINO BANKRUPTCY
  • Michigan delivers big blow to unions
  • llinois Governor Seeks Fast Vote on State’s LongTroubled Pension Systems
  • California’s pioneering pension law
  • Social Security Update for 2013
  • PBGC Announces 2013 Premium Payment Instructions Update
  • United States: IRS Extends Deadline For Defined Benefit Plans To Adopt Code Section 436 Amendments
  • SAVVY SENIOR; Losing track of a pension is quite common
  • ICI Analysis of U.S. Retirement System: It Is Working and Serving Each Generation Better Than Previous