Search Results For pension plans retirement public

Public workers, retirees oppose RI pension revamp

Peter Westerman | October 26, 2011

Rhode Island public workers and retirees pushed back against a major public pension overhaul proposal Wednesday, urging lawmakers to slow down their deliberations to ensure any changes are fair.

DOL's Borzi: Retirement fiduciary re-proposal out early next year

Peter Westerman | October 25, 2011

The Department of Labor plans to repropose its controversial rule amending the definition of fiduciary under the Employee Retirement Income Security Act (ERISA) shortly after the first of the year, Phyllis Borzi, assistant secretary for DOLs Employee Benefits Security Administration (EBSA), told a group of retirement plan specialists on Tuesday.

Rhode Island governor, treasurer push pension bill

Peter Westerman | October 25, 2011

Rhode Island Gov. Lincoln Chafee and Treasurer Gina Raimondo warned lawmakers Monday of dire consequences if they don't pass their ambitious public pension overhaul proposal.

ERISA Advisory Council to hold public meeting Nov. 8-9

Peter Westerman | October 21, 2011

The U.S. Department of Labors Advisory Council on Employee Welfare and Pension Benefit Plans, also known as the ERISA Advisory Council, will hold a public meeting on Nov. 8 and 9 at Labor Department headquarters, 200 Constitution Ave. NW, Washington, D.C. 20210.

RI leaders pitch pension revamp to lawmakers

Peter Westerman | October 19, 2011

Hundreds of Rhode Island firefighters and other public workers lined Statehouse hallways Tuesday as state leaders unveiled an ambitious and politically charged proposal to overhaul the state's hemorrhaging retirement system.

Will Congress balance budget on backs of future retirees?

Peter Westerman | October 05, 2011

Proposed legislation aims to reduce maximum deferrals into 401(k) and similar retirement plans. Wheres AARP when you need them?

Pensions lean toward alternative investments

Peter Westerman | October 04, 2011

State and local pension plans have taken on additional risk, since the market crashed in 2007-2008, in an attempt to return their assets to pre-crash levels.

R. I. gov: Pension overhaul won't cut existing benefits

Peter Westerman | October 03, 2011

The architects of Rhode Island's pension overhaul plan said Friday their proposal won't reduce benefits that public workers have already earned, but stressed the need for a "one-time" comprehensive fix rather than piecemeal changes.

Advisors set to capitalize on 403(b) market's growth, Cerulli says

Peter Westerman | September 30, 2011

New regulations that are shifting the 403(b) market from highly individualized and retail-focused to one that is more efficient and institutionalized present new opportunities for advisors, third-party administrators (TPAs), and investment-only asset managers, according to new research by Cerulli Associates.

NM pension fund director Terry Slattery resigns