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Church-affiliated hospital workers sue to recover lost pensions from ‘bankrupt’ New York diocese

By Lynn Cavanaugh

The state attorney general and AARP have joined in on the lawsuits to attempt to recover pension funds for the 1,100 workers who saw their retirement plans wiped out.

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401(k) contribution limit projections for 2026: Milliman

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Pension tensions: Public sector union in Canada calls for retirement plans to dump Tesla stock

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April 11, 2025

Trump’s tariffs could impact 2026 Social Security COLA increase

The cost-of-living adjustment for 2026 may not be as large as last year’s 2.5%, but with six months to go until the SSA makes its announcement in October, tariff increases, which could lead to higher inflation, may change that, according to The Senior Citizens League.

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April 10, 2025

Trump tariffs cause 25 top state and local pension funds to lose $169B in assets: Equable

Following the administration’s tariff announcement, approximately $169 billion was lost during the April 3-8 trading day period (and $248.8 billion in assets in 2025), according to the non-profit pension fund institution.

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April 09, 2025

How Trump can rebuild trust in Social Security, before it’s too late: Schwartz Center

While President Trump promises to “always protect” Social Security, the Schwarz Center for Economic Policy Analysis has suggested steps both Congress and Trump, as well as the SSA Acting Commissioner, should take to restore trust in the federal agency.

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April 09, 2025

Crypto comeback? Senate bill would allow digital assets in 401(k)s, while restricting DOL oversight

Senator Tommy Tuberville has reintroduced the Financial Freedom Act, which would give retirement plan participants the ability to control how their assets are invested, while reversing DOL regulatory guidance on cryptocurrency.

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April 08, 2025

IBM retirees' pension plan lawsuit moves forward, after appeals court overturns dismissal

The class action lawsuit filed by employees who alleged they were shorted on pension payments, was originally dismissed after plaintiffs missed the 3-year deadline to file a fiduciary claim, however, the Labor Department came to the workers’ defense.

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April 07, 2025

DOL clarifies SECURE 2.0 requirements to pensions’ annual funding notices in 2025

To clear up any confusion for administrators of both single-employer and multi-employer defined benefit plans, the Department of Labor has issued new guidance for annual AFN notices that are due by April 30, 2025.

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April 04, 2025

Trump’s pick to lead Social Security advances to full Senate for confirmation vote

Fiserv CEO Frank Bisignano’s nomination was advanced by the Senate Finance Committee, despite strong opposition from Democrats who voiced concerns over his relationship with DOGE officials.

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Defined Benefits

Top Defined Benefits Stories

Church-affiliated hospital workers sue to recover lost pensions from ‘bankrupt’ New York diocese

401(k) contribution limit projections for 2026: Milliman

Pension tensions: Public sector union in Canada calls for retirement plans to dump Tesla stock

Recommended Just For You

Defined Benefits Stories

Trump’s tariffs could impact 2026 Social Security COLA increase

Trump tariffs cause 25 top state and local pension funds to lose $169B in assets: Equable

How Trump can rebuild trust in Social Security, before it’s too late: Schwartz Center

Crypto comeback? Senate bill would allow digital assets in 401(k)s, while restricting DOL oversight

IBM retirees' pension plan lawsuit moves forward, after appeals court overturns dismissal

DOL clarifies SECURE 2.0 requirements to pensions’ annual funding notices in 2025

Trump’s pick to lead Social Security advances to full Senate for confirmation vote