Search Results

New Jersey legislation requiring public workers to shoulder a larger portion of their pension and health benefits costs and restricting collective bargaining over health care picked up steam this week.

The leader of the New Jersey Assembly has agreed to post a bill requiring all public workers to pay more for health care and pension benefits for a hearing, despite an initial reluctance to move the measure forward without a majority of Democrats backing it.

Retirement officials are worried that Congress, in its efforts to reduce the federal deficit, will look to pilfer the tax expenditures for employer-provided retirement planswhich totaled $112 billion in fiscal year 2011, James Klein, president of the American Benefits Council, said in testimony before the House Subcommittee on Health, Employment,...

Experts at the American Society of Pension Professionals & Actuaries say electronic delivery for legally required defined contribution plan disclosures is more user-friendly and will help plan participants more easily understand and respond to the information provided.

Americans know they sacrifice them to provide care for their elderly parents, but they probably don't just how high a price they are paying.

"One of the first issues that must be addressed is the fiduciary issue."

New York Gov. Andrew Cuomo's proposal to establish a new, less generous pension system for future state, local and school employees is expected to face resistance in the waning days of the current legislative session.

New Jersey's governor and Senate president reached a deal Wednesday that would make public employees pay more for pension and health benefits, but Assembly Democrats refused to go along.