Pension News

Click on the links below for news articles on Pensions:
Some news sites may require registration.

Sep 3, 2009

Companies' pension problems could hit taxpayers
When the agency that insures traditional pension plans is running a $33.5 billion deficit -- the largest in its 35-year history -- should you be worried? If you're a worker or retiree counting on a traditional pension, the answer is probably not. But if you're a taxpayer, start worrying.

Aug 25, 2009

GAO report highlights need for pension improvements
Despite significant tax incentives, many employers still do not offer employees a defined benefit or defined contribution plan, according to the Government Accountability Office report, conducted after recent stock market losses decimated many retirement savings accounts. Employers also continue to freeze and terminate traditional DB plans, the report said, while account balances in DC plans are low — even for those approaching retirement.

In order to see the stories posted previously Follow this link