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15 Sep 2006, 8:00 am
DIRECT TRANSFER OF IRA ASSETS TO CHARITY The following is a summary analysis of the Pension Protection Act of 2006 relating to direct transfer of IRA assets to charity. [read post]
30 Aug 2006, 11:31 am
Here's a sampling of public pension-related stories from around the world (courtesy Charlie Fisk of CAAR) GREECE NEWS: Pension system feels the strain, (_Kathimerini_ [Athens], August 30, 2006).http://www.ekathimerini.com/4dcgi/_w_articles_politics_100010_30/08/2006_73645JAMAICA NEWS: Government of Jamaica owes billions to pension funds, by Ashford W.... [read post]
28 Aug 2006, 6:47 am
One of the opinions, written by The Reactionary Easterbrook, and allowing companies to screw older workers out of major portions of pensions they were counting on and had worked for decades to get (a problem not faced by the federal judges who allowed this), has been the subject of a couple of recent blogs. [read post]
9 Aug 2006, 5:27 am
[JURIST] San Diego city officials and management [city website] broke federal securities laws by failing to fulfill their fiduciary duties in administering the city's pension fund for police officers, firefighters, and other public officials, according to an independent audit presented to City Council [recorded video of Council session} on Tuesday. [read post]
26 Jul 2006, 2:05 am
Hopefully, this time the vote on the Estate Tax Repeal will be announced to the public so as to be open for public debate.Tax provisions may be dropped from pension bill - MarketWatch: "Senate Republicans gave up Monday on efforts to add language that would reduce the estate tax to legislation designed to overhaul the nation's pension laws, Senate Majority Leader Bill Frist said Tuesday. [read post]
13 Sep 2004, 10:08 am
(PBGC) has announced that Enron has agreed to pay $321 million from the proceeds of its sale of its pipeline operations in CrossCountry Energy LLC to fund pension plans for thousands of former Enron employees. [read post]
25 Feb 2004, 4:17 pm
Pennsylvania has joined a multistate fight against Time Warner and its AOL subsidiary, filing a complaint in state court alleging the company cost state employees in excess of $100 million dollars in pension funds by making misleading statements about the company's financial health. [read post]
