Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
UCLA's Anderson School of Management Gives Up on Public Funding
By Michael S. FischerThe Anderson School of Management at the University of California at Los Angeles is preparing to forgo public funding in the face of California's budget crisis.
August 03, 2010
Pension Bills: Strain Now or Weep Later?The new federal pension rules could help employers postpone as much as $63 billion in funding payments over the next 5 years.
July 28, 2010
H.R. 3040: House OKs Fraud Database BillMembers of the House have voted 335-81 for H.R. 3040, the Senior Financial Empowerment Act of 2010.
July 05, 2010
Whiskey to the (Pension) RescueCompany to use Johnnie Walker to fill $645 million retirement shortfall. Talk about liquid assets...
July 02, 2010
Diageo Sends Whiskey to the (Pension) RescueIs there nothing the carmel color liquid can't do? Diageo, the maker of Johnnie Walker whiskey, found an innovative way to plug a gaping deficit in its pension plan: put aside 2 million barrels of maturing whiskey from its distilleries in Scotland.
June 18, 2010
Senate Passes Pension Rule Provisions (Update)The Senate agreed unanimously today to pass a version of H.R. 3962 that would ease pension funding rule changes sought by employer groups and reverse a 21% cut in Medicare and military health plan physician reimbursement rates.
June 11, 2010
Milliman Sees Pension Funding FallDefined benefit pension plans saw asset decreases of $41 billion and liability increases of $14 billion in May, the steepest decline in pension funding status in almost a year, Milliman Inc., Seattle, reports.
June 11, 2010
Weekend Interview: Former Treasury Secretary Paul O'NeillO'Neill's view on Greece, U.S. spending and how we could find $1 trillion to fund health care.