House OK's Disclosure of Pension Info
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The U.S. House of Representatives on  Wednesday voted to allow workers and retirees to find out from  a federal agency just how severe the shortfalls are in their  companies' pension plans.
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The nation&#39;s largest public pension fund has agreed to disclose more than $200 million in annual money management fees to settle a lawsuit by a media coalition.
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A new law making it easier for companies to automatically enroll their employees in pension plans such as 401(k)s goes into effect soon, the Labor Department said Monday, a move the government hopes will spur increased retirement savings.
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A bill intended to grant journalists the right to protect the identity of their sources when questioned in court passed the US House of Representatives yesterday, by a vote of 398 to 21. The version as passed contained much clarified language, closing a legal loophole that might have enabled courts to compel journalists to divulge their sources anyway.
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A memo sent last week by the While House Office of Management and Budget gives federal agencies 120 days to develop and implement security notification policies, and to start planning to reduce or eliminate the unnecessary use of Social Security numbers and similar personal data.
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A resolution that urges the United States Congress to take action to help stop children and employees from accessing Internet pornography passed the House with unanimous approval Tuesday.  Sponsoring Rep.
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Members of Congress were alarmed to learn Saturday that they had passed a provision allowing certain congressmen and their staffs to inspect any American&#39;s income tax returns.
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The U.S. Treasury Department tapped into a federal employee pension fund Thursday as a stop-gap measure to keep the government below its $7.384 trillion borrowing limit, Treasury Secretary John Snow said in a letter to Congress.
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U.S. lawmakers "virtually" have an  agreement on a bill to stabilize the private pension system,  but are still arguing over whether to include a package of tax  breaks with the bill, U.S. House Majority Leader John Boehner  said on Thursday
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The House of Representatives voted to revise rules for foreign investments in the U.S., seeking to make them clearer for businesses while preserving national security.
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A Republican House aide was the prime mover behind a provision letting more lawmakers look at Americans' income tax returns, a spokesman for the House Appropriations Committee said Friday.
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The House has scheduled votes this week on open-government bills. They would:  - Require organizations established for the purpose of raising funds for presidential libraries to disclose the sources of contributions of $200 or more.
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Legislation to protect U.S. soldiers from predatory life insurance and mutual fund sales on military bases was approved overwhelmingly on Tuesday by the U.S. House of Representatives.
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(Corrects fourth paragraph reference to pension cost  savings; fifth paragraph, where figures were circulated)
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It's time to shine some light into the dark corners of your 401(k) plan. Congress is working on that - lawmakers are mulling legislation that would require greater disclosures of the fees that are tucked inside these plans.
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WASHINGTON -- When DuPont &amp; Co. disclosed plans last week to scale back its traditional pension, it became the third large employer to cut back on retirement benefits since Congress passed the Pension Protection Act of 2006.
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MSPs are expected to approve a bill which will tighten disclosure rules for those working with children.