Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
House Panel OKs Pension Bill
By Staff WriterThe 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 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 ...
June 01, 2005
Sweeping Pension Reform Bill Introduced In The HousewashingtonHouse Republicans have introduced sweeping legislation to reform the nation's pension laws, primarily the rules governing defined benefit plans.The latest bill was prompted by ...
May 11, 2005
UALpensionDPostalUAL Court Decision Prompts Congressional Response By Arthur D. PostalWashington Congress responded to a Chicago bankruptcy court decision that allowed United Airlines to transfer ...
May 11, 2005
UAL Court Decision Prompts Congressional ResponseWashingtonCongress responded to a Chicago bankruptcy court decision that allowed United Airlines to transfer $6.6 billion in pension liabilities to the Pension Benefit Guaranty ...
April 28, 2004
Allstate Unit To Sell FA-Backed Notes To IndividualsNU Online News Service, April 28, 2004, 2:33 p.m. EDT -- A unit of The Allstate Corp., Northbrook, Ill., will be selling up to ...