As prosperous a nation as Germany is, its own retirement crisis is causing many of its elderly to be sent to lower-cost retirement facilities in eastern Europe and Asia.
Costs for DC plans now total 60 cents per employee per hour, versus 43 cents per employee per hour in DB plans, with unionized workers' costs seven times more than non-union workers.
Sure, fee disclosure regs seem to have gone over like a lead zeppelin, but if the participants actually open them in 2013, you could see some big interest in your expertise.
The House approved a bill Thursday requiring federal employees to contribute 5 percent more of their salaries over five years toward retirement, as part of a wider deal hoping to avoid the fiscal cliff.
Retiring pilots will no longer be eligible for lump-sum pension payouts and will instead receive their benefits in a lifetime annuity.
DebugScreen: mobile
{
"author": {
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"estimate": 403,
"social": [],
"articles": [
{
"uri": "/2012/12/27/puerto-rico-ponders-bonds-to-prop-up-pension-syste/",
"title": "Puerto Rico ponders bonds to prop up pension system",
"byline": "Andy Stonehouse",
"kicker": "",
"prettyDate": "December 27, 2012",
"timeToRead": "1 minute",
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"height": ""
},
"authors": [
{
"webUrl": "/author/profile/andy-stonehouse/",
"name": "Andy Stonehouse"
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],
"kickerNode": [],
"summary": "Puerto Rico's public retirement system, funded at just 6.8 percent of its obligations, may be propped up through taxable pension bonds.",
"body": null
},
{
"uri": "/2012/12/27/german-retirees-exiled-to-lower-cost-locales/",
"title": "German retirees 'exiled' to lower-cost locales",
"byline": "Andy Stonehouse",
"kicker": "",
"prettyDate": "December 27, 2012",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/andy-stonehouse/",
"name": "Andy Stonehouse"
}
],
"kickerNode": [],
"summary": "As prosperous a nation as Germany is, its own retirement crisis is causing many of its elderly to be sent to lower-cost retirement facilities in eastern Europe and Asia.",
"body": null
},
{
"uri": "/2012/12/26/dc-expenditures-now-outweigh-db-costs-for-employer/",
"title": "DC expenditures now outweigh DB costs for employers",
"byline": "Andy Stonehouse",
"kicker": "",
"prettyDate": "December 26, 2012",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/andy-stonehouse/",
"name": "Andy Stonehouse"
}
],
"kickerNode": [],
"summary": "Costs for DC plans now total 60 cents per employee per hour, versus 43 cents per employee per hour in DB plans, with unionized workers' costs seven times more than non-union workers.",
"body": null
},
{
"uri": "/2012/12/26/the-great-fee-disclosure-experiment/",
"title": "The great fee disclosure experiment",
"byline": "Andy Stonehouse",
"kicker": "",
"prettyDate": "December 26, 2012",
"timeToRead": "4 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/andy-stonehouse/",
"name": "Andy Stonehouse"
}
],
"kickerNode": [],
"summary": "Sure, fee disclosure regs seem to have gone over like a lead zeppelin, but if the participants actually open them in 2013, you could see some big interest in your expertise.",
"body": null
},
{
"uri": "/2012/12/26/njs-christie-may-be-overseeing-retirement-crisis/",
"title": "NJ's Christie may be overseeing retirement crisis",
"byline": "Andy Stonehouse",
"kicker": "",
"prettyDate": "December 26, 2012",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/andy-stonehouse/",
"name": "Andy Stonehouse"
}
],
"kickerNode": [],
"summary": "The Garden State's popular governor made unpopular retirement plan cuts in 2011, though critics say the reforms need to be even more intense.",
"body": null
},
{
"uri": "/2012/12/26/feds-look-to-distribute-401k-funds-from-nj-plan/",
"title": "Feds look to distribute 401(k) funds from NJ plan",
"byline": "Andy Stonehouse",
"kicker": "",
"prettyDate": "December 26, 2012",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/andy-stonehouse/",
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}
],
"kickerNode": [],
"summary": "The DOL is hoping to distribute more than $81,000 in plan assets frozen for more than two years following an embezzlement case in New Jersey.",
"body": null
},
{
"uri": "/2012/12/21/principal-ceo-speaks-out-on-tax-deferral-benefits/",
"title": "Principal CEO speaks out on tax deferral benefits",
"byline": "Andy Stonehouse",
"kicker": "",
"prettyDate": "December 21, 2012",
"timeToRead": "4 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/andy-stonehouse/",
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}
],
"kickerNode": [],
"summary": "Principal's Larry Zimpleman argues that the tax deferral incentives in America's retirement plans look at the issue in the long term.",
"body": null
},
{
"uri": "/2012/12/21/house-approves-federal-pension-contribution-hike/",
"title": "House approves federal pension contribution hike",
"byline": "Andy Stonehouse",
"kicker": "",
"prettyDate": "December 21, 2012",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/andy-stonehouse/",
"name": "Andy Stonehouse"
}
],
"kickerNode": [],
"summary": "The House approved a bill Thursday requiring federal employees to contribute 5 percent more of their salaries over five years toward retirement, as part of a wider deal hoping to avoid the fiscal cliff.",
"body": null
},
{
"uri": "/2012/12/20/tdf-investments-continue-to-grow-in-401ks/",
"title": "TDF investments continue to grow in 401(k)s",
"byline": "Andy Stonehouse",
"kicker": "",
"prettyDate": "December 20, 2012",
"timeToRead": "3 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/andy-stonehouse/",
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],
"kickerNode": [],
"summary": "While the bulk of participants' 401(k) investments still sit in the stock market, more and more investors are diversifying with TDF holdings.",
"body": null
},
{
"uri": "/2012/12/20/american-airlines-limits-pilot-pension-payouts/",
"title": "American Airlines limits pilot pension payouts",
"byline": "Andy Stonehouse",
"kicker": "",
"prettyDate": "December 20, 2012",
"timeToRead": "2 minute",
"image": {
"uri": "",
"width": "",
"height": ""
},
"authors": [
{
"webUrl": "/author/profile/andy-stonehouse/",
"name": "Andy Stonehouse"
}
],
"kickerNode": [],
"summary": "Retiring pilots will no longer be eligible for lump-sum pension payouts and will instead receive their benefits in a lifetime annuity.",
"body": null
}
]
}
}