Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
Pension Act Signed
By Melanie WaddellWhile pension experts say the recently passed Pension Protection Act of 2006 will indeed help remedy the funding problems that have plagued defined benefit (DB)...
November 10, 2005
Aon Analyst Sees Wobbly Pension PictureThe total pension funding shortfall at big U.S. companies has been varying widely this year and could be much higher at the end of ...
November 09, 2005
House Panel OKs Pension BillThe U.S. House Ways and Means Committee voted 23-17 Wednesday to approve a major pension system reform bill.[@@]The bill, H.R. 2830, already has been ...
September 23, 2005
Employer Group Attacks PBGC Funding FiguresThe Pension Benefit Guaranty Corp. has overstated its deficit in ways that could cause problems for defined benefit plan sponsors and participants, according to ...
September 14, 2005
CBO Director Has No Magic Pill For MedicareOne of the leading sources of answers in Washington says he has no quick and easy solutions for the problems that face Medicare and ...
September 14, 2005
Feds Decline To Expand Katrina Sponsor ReliefThe U.S. Treasury Department says there are limits on how generous it will be toward employers that want to use Hurricane Katrina as an ...
June 17, 2005
GAO Report Finds Pensions UnderfundedBush Administration calls for comprehensive reform
June 13, 2005
GAO: Few DB Plan Sponsors Put In CashLong-term structural and legal framework issues have left the Pension Benefit Guaranty Corp. with a significant long-term deficit.[@@]Federal Comptroller General David Walker gave that ...