SSgA Announces Exec Appointments
June 21, 2010 (PLANSPONSOR.com) – State Street Global Advisors (SSgA) has appointed Raymond Haines as head of U.K. Liability Driven Investing (LDI) and Christopher J. Goolgasian as a...
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Ohio Pension Losses Pop Up in Governor’s Race
June 21, 2010 (PLANSPONSOR.com) – With Lehman Brothers-related losses at a state of Ohio pension fund a political issue in the governor’s race, a pension official insists politics...
BP Crisis Leads NY Pension Fund to Review Energy Holdings
June 21, 2010 (PLANSPONSOR.com) - New York state's pension fund is considering suing BP PLC for its management of the well in the Gulf of Mexico that's been spewing oil,...
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PA Lawmakers OK Pension Change Bill
June 21, 2010 (PLANSPONSOR.com) –The Pennsylvania House of Representatives has approved and sent to the state Senate a measure making significant changes to the state's two large public-sector...
Benefits |
SD Retirees Sue to Preserve COLAs
June 21, 2010 (PLANSPONSOR.com) – Four South Dakota retirees are suing the state to protect their annual cost of living increases.
Principal R/E Fund Makes Another Distribution
June 21, 2010 (PLANSPONSOR.com) – Just 30 days after its last distribution to holders of its frozen real estate fund, the Principal has made another...
Benefits |
Most Employers Waiting to Make Dependent Health Coverage Changes
June 18, 2010 (PLANSPONSOR.com) – Most employers responding to a recent survey said they have no plans to extend coverage to dependents up to age 26 until they...
Senate OKs Pension Funding Relief Provision
June 18, 2010 (PLANSPONSOR.com) – The U.S Senate has approved a measure granting pension funding relief after provisions granting the relief were attached to a broader bill dealing...
Benefits |
Economy Taking a Toll on Work/Life Balance for Dads
June 18, 2010 (PLANSPONSOR.com) – CareerBuilder’s annual Father’s Day survey reveals the struggling economy is causing many working dads to experience heavier workloads, added stress, and less time...
Actuary Group Discusses GASB Pension Accounting Changes
June 18, 2010 (PLANSPONSOR.com) – A new American Academy of Actuaries report indicates that a new government accounting proposal to recognize unfunded pension obligations is substantially different than...
KY Court Allows Claim for Benefits for Pilot Killed while Commuting to Work
June 18, 2010 (PLANSPONSOR.com) – The Kentucky Supreme Court has ruled that an administrative law judge must reconsider worker’s compensation benefits for the wife and minor child of...
TRS of Texas Reports Record Earnings
June 18, 2010 (PLANSPONSOR.com) - The Teacher Retirement System of Texas (TRS) Pension Fund ended the first quarter with a market value of $96.7 billion after producing an...
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Paychex White Paper Discusses HR Topics
June 18, 2010 (PLANSPONSOR.com) – Paychex, a provider of payroll and other HR services, has released a white paper addressing payroll processing, employee communications, and other topics.
Adviser Who Misused Pension Funds Sentenced to Nine Years
June 18, 2010 (PLANSPONSOR.com) - John Orecchio, a former investment adviser accused of misusing funds from six union pension plans was sentenced to nine years and four months...
U.S. Supreme Court Sends Cases Back to NLRB
June 18, 2010 (PLANSPONSOR.com) - The U.S. Supreme Court has ruled that the National Labor Relations Board (NLRB) did not have authority to issue nearly 600 decisions in...
Benefits |
Dental Coverage: The Next Health Care Reform Need?
June 18, 2010 (PLANSPONSOR.com) – Data from the 2008 National Health Interview Survey indicates approximately 45 million people under age 65 with private health insurance did not have...
Benefits |
Research Cautions against 4% Spending in Retirement Rule
June 18, 2010 (PLANSPONSOR.com) - The “4% rule" - the most commonly offered advice for spending in retirement proffered by investment professionals - can ultimately be harmful to...
Benefits |
Outliving Savings Feared More Than Death
June 17, 2010 --- Nearly two-thirds of Baby Boomers fear outliving their money in retirement more than death, according to a new survey.
CA Police Agency Cleared in Page Text Message Audit
June 17, 2010 (Thursday PLANSPONSOR.com) – U.S. Supreme Court justices on Thursday ruled a California police department was within its rights to audit the text messages on a...
GASB Proposal: Pension Underfunding Reported as Liability
June 17, 2010 (PLANSPONSOR.com) – Governments would have to report as a liability on their accrual-based financial statements the unfunded portion of their pension plan under a new...