US and UK Pension Agencies to Share Information       November 6, 2009
News: The Pension Benefit Guaranty Corp. will share non-confidential information on defined-benefit plans with the United Kingdom's Pensions Regulator and Pension Protection Fund.
www.workforce.com/archive/article/26/78/44.php - 77.4Kb

Survey Finds Service Requirements for Joining 401 ...       November 5, 2009
News: The survey of 300 midsize to large employers found that 74 percent of 401(k) plans do not have a service requirement, up from 61 percent in a comparable survey conducted in 2007.
www.workforce.com/archive/article/26/78/25.php - 79.4Kb

Drastic 401(k) Reform Unlikely, Expert Says       November 3, 2009
News: Within the past year or so, a major overhaul of the 401(k) system has seemed quite possible. But such calls have not won over the bulk of Democratic lawmakers or President Obama, a legal expert says.
www.workforce.com/archive/article/26/77/76.php - 79.5Kb

Report Links Pension Obligations to Layoffs       October 30, 2009
News: Companies and business groups are telling lawmakers that the stepped-up pension funding is coming at the worst possible time--in the middle of a severe economic downturn.
www.workforce.com/archive/article/26/77/28.php - 80.1Kb

SEC Will Begin Scrutinize Risks Related to ...       October 29, 2009
News: Responsibility for identifying potential risks related to investing in those products will fall primarily on the SEC's newly formed division of risk, strategy and financial innovation.
www.workforce.com/archive/article/26/76/89.php - 77.5Kb

Auto-Enrollment in Retirement Plans Could Crimp ...       October 28, 2009
News: Automatic enrollment programs could inadvertently reduce defined-contribution plan participants' potential retirement savings because they could have chosen a higher contribution rate on their own, a Government Accountability Office report
www.workforce.com/archive/article/26/76/32.php - 78.1Kb

Pension Funding Relief Bill Makes Congressional ...       October 27, 2009
News: Rep. Earl Pomeroy urged House and Senate colleagues to pass a relief bill this year despite a legislative calendar dominated by health care. The House Education and Labor Committee approved its own measure but there is no bill in the Senate
www.workforce.com/archive/article/26/76/01.php - 80.3Kb

TOOL: Benefits Benchmarking and Trends       October 23, 2009
Feature: A benchmarking tool and a benefits trends study allow employers to compare and evaluate their potential benefit offerings. (10/23/2009)
www.workforce.com/archive/feature/26/75/14/index.php - 70.0Kb

NY Mayor Says Job Losses in City Not as Bad as ...       October 22, 2009
News: The city has lost about 116,000 jobs since the financial crisis struck a year ago and now faces a $5 billion budget deficit. But Mayor Michael Bloomberg, who is seeking a third term in office, said job losses were expected to be closer to 2
www.workforce.com/archive/article/26/74/95.php - 78.4Kb