They argues in a letter that recalculating spousal benefits, death benefits and required minimum distributions to same sex partners would open plans and participants to complicated questions about payments and decisions made under DOMA.
Statistics paint a picture of millions of senior citizens forced to live in poverty after their working years end. Congressional gridlock, however, prevents any action that would allow Social Security benefits to remain at promised levels.
The nations oldest privately owned clothing manufacturer said it filed for Chapter 11 bankruptcy because the PBGC demanded it replenish its underfunded pension system by paying $7.3 million
A study of about 85 percent of state and local retirement plans found assets had grown to $2.67 trillion, while liabilities totaled $3.63 trillion by the end of 2012.