Bill Would Ease Pension Credit Rules
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In hopes of luring erstwhile feds back into public service, Rep. James P. Moran Jr. (D-Va.) has introduced a bill that would permit former government workers to recoup their pension credits when returning to federal employment.
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A bill that would require retailers to reimburse banks and credit unions for the costs associated with data breaches moved a step closer to passage in the California legislature.
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Legislation that would increase retirement benefits for more than 5,000 assistant U.S. attorneys -- putting their pensions on par with federal law enforcement officers -- has been introduced in Congress.
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Businesses that sponsor pension plans are applauding the Bush administration's call for a broad overhaul of the nation's troubled retirement benefits system. But on specifics, companies are wary.
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About 90 percent of state workers get pensions, and the bill is coming due.
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Under a federal law that will take effect Thursday, the grace period between the time the check is written and when the money is debited from the account.
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Britain's pension system could easily be replaced by a new payment that would make millions better off, a report says.
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A smashing blow is being dealt to thousands of future pensioners by a law that has just been brought into force by the Federal Government.
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Bank of England committee unanimously backed cheaper borrowing costs earlier this month
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The bill is part of a measure aimed at curbing what some consumer advocates say are deceptive lending practices aimed at people with low incomes or poor credit histories.
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With underfunded pensions  threatening to become the U.S. taxpayer's next  multibillion-dollar headache, lawmakers are working on a  long-term fix for struggling traditional retirement plans.
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CRAWFORD, Texas  - Facing record budget deficits,  the Bush administration likely will turn to short-term  government borrowing to help finance its plan to add personal  retirement accounts to Social Security, officials said on  Saturday.
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401(k) credit card would give millions of American workers the chance to borrow their own money from their retirement savings plans.
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Leading economists say US taxpayers may have to pay for a pensions shortfall at the agency that protects pensions funds.
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WASHINGTON -- The Bush administration unveiled a proposal yesterday to make it easier for companies to enroll workers in pension plans such as 401(k)s, a move supporters hope will increase participation.
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WASHINGTON (CBS.MW) -- The House was expected to take up legislation as early as Thursday to extend popular middle-class tax cuts that would otherwise expire at the end of the year.
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The legislation would require companies to keep their pension plans fully funded, encourages them to put in more money, even in boom times, and removes the legal uncertainty surrounding cash balance plans.