The National Coordinating Committee for Multiemployer Plans says the amendment gives multiemployer pension plans the tools they need to head off insolvency and preserve retiree benefits for decades to come.

Debra Wetherbys firm was No. 1 in Bloomberg Markets first ranking of independent registered investment advisers, or RIAs, based on the assets they manage.

A proposal that could lead to cuts in pension benefits for retirees in financially troubled multiemployer plans drew fire from worker advocates and unions.

Illinois legislative fix for its $111 billion pension funding shortfall violates the states constitution, a judge ruled today in striking down the 2013 measure.