Rep. Jenkins: protect minersa pensions now –
U.S. Representative Evan Jenkins urged Congress to act immediately to protect miners' pensions and healthcare benefits and pass legislation to keep our promise to them.
Category Archives: Pension
Just when it looked like the pension plan was dead, the House may have revived it
House Majority Leader Dave Reed, R-Indiana County, said his caucus came within three votes of having the number needed to pass a pension reform bill on Wednesday. The House took a procedural step on Thursday that keeps that bill alive through Nov. 30 when the legislative session ends.
Miners rally for bill to protect health, pension benefits
Democratic presidential candidate Hillary Clinton poses for a photo with supporters at a rally at University of South Florida in Tampa, Fla., Tuesday.
Kentucky’s Public Pension Faces Insolvency With Biggest Shortfall in US
Kentucky is the home of thoroughbred horse racing, well-regarded bourbon and politicians fighting over some of the most vexing problems facing U.S. public pensions. Democratic House Speaker Greg Stumbo called 100 adjourned members of the state House of Representatives back to Frankfort on Tuesday to discuss pension investment losses, more than $171 million of fees paid to money managers and potentially budget-decimating shortfalls.
Morning Spin: Why Rauner fears teacher pension board vote
Welcome to Clout Street: Morning Spin, our weekday feature to catch you up with what's going on in government and politics from Chicago to Springfield. The board that oversees the Teachers Retirement System is scheduled to vote on whether to lower the expected rate of return on investments, a move Republican Gov. Bruce Rauner 's office has warned could blow a massive hole into the state's already shaky finances.
Military retirees have a revolving door to civilian Pentagon jobs. The Senate voted to shut it.
Since the terror attacks of Sept. 11, 2001, military officers facing retirement have had a revolving door to walk through to a civilian job at the Defense Department.
Save benefits promised to coal miners
When President Harry S. Truman was personally negotiating with labor leader John L. Lewis to avert an economically crippling coal strike in 1946, the miners' top priority was not higher wages or more vacation but to improve the deplorable state of health care in the coalfields. They succeeded when Truman signed an agreement promising lifelong health and retirement benefits, paid for by a royalty on coal production.
Bill divides coal-state Republicans
Sen. Mitch McConnell speaks on Capitol Hill in Washington. An election-year bill that would protect health-care and pension benefits for more than 100,000 retired coal miners is dividing coal-state Republicans.
Survey reveals what pension fund holders think of fossil fuel divestment
When we wind up talking about divestment campaigns these days one of the most frequent topics under discussion is Israel, but that's not the only target of liberal activists using these tactics. There's still a major push from the Left to persuade companies to pull their investment capital from the energy industry so as not to be associated with those dirty old fossil fuels.
Federal fund protecting pensions low on money
One of the nation's largest multi-employer pension funds said that it is out of ideas for ways to save itself from an impending failure. After the Treasury Department rejected its Hail Mary proposal, which would have substantially cut benefits for some retirees, the Central States Pension Fund has little choice but to turn to a federal insurance program that is supposed to offer a lifeline to troubled pension funds.
A restricted application Social Security tip for 132% higher benefit
A restricted application Social Security tip for 132% higher benefit Q: How can I use restricted application to my benefit? Check out this story on USATODAY.com: http://usat.ly/1WUYkqr Q: The recent changes to Social Security have altered my retirement strategy. I am eligible for restricted application; I was born in 1952.
Ignorance isn’t bliss
IT IS not the "unknown unknowns" that catch people out, but the truths they hold to be self-evident that turn out to be completely wrong. On many issues, the gap between public perceptions and reality is very wide.
Lawmaker’s plan could eventually take away Gliniewicz pension
A suburban Republican lawmaker wants to prevent Lt. Joe Gliniewicz's widow of receiving benefits from her late husband's police pension if she's eventually convicted of wrongdoing.
Poll: Two-thirds of US would struggle to cover $1,000 crisis
Two-thirds of Americans would have difficulty coming up with the money to cover a $1,000 emergency, according to an exclusive poll released Thursday, a signal that despite years of recovery from the Great Recession, Americans' financial conditions remain precarious as ever. These financial difficulties span all income levels, according to the poll conducted by The Associated Press-NORC Center for Public Affairs Research.