The now-defunct department store has substantial funds remaining in its decades-old pension plan, which was wound up last September.
From FERS to TSP to recent legislation, decades of policy shifts have reshaped how federal employees earn, save for and receive retirement benefits.
State employees want improvements to the Tier 6 pension plan, which covers about 780,000 state and local employees – ...
The Retirement Simplification and Clarity Act is a bipartisan bill that would simplify 401(k) jargon and give more people ...
Lufthansa proposed integrating pilots' transitional pension into company plan, potentially boosting benefits up to 50% without increasing total pension costs ...
Hundreds of thousands of employees working in small and medium-sized enterprises (SMEs) could face a substantial reduction in ...
The ADEC for the upcoming 2027 fiscal year that starts July 1 is nearly $1.9 billion. Approximately 87% of the payment addresses the unfunded liability. The normal cost of retirement is $253.7 million ...
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Trump pitches new retirement plan with a federal match of up to $1,000 per year — who could benefit
About 56 million Americans do not have access to a retirement savings plan at work. The Trump administration plans to launch ...
Gov. Kathy Hochul supports Tier 6 pension changes for New York public workers, but some lawmakers warn the changes could strain budgets.
A healthcare employer's own payroll records sealed its fate in an $800,000-plus pension dispute after a federal court threw ...
Roth conversions get a lot of hype, but for federal employees nearing retirement, rushing could mean higher taxes and fewer options later.
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