A federal court overruled the Pension Benefit Guaranty Corporation’s decision not to offer financial assistance to the bakery fund, but it now opens the door to 100 other previously ineligible pension ...

In September, Central States submitted a 10,000-page pension rescue plan to the Treasury Department, a plan based on decreasing benefits by 30 percent.

The changes come at a time when the decades-old Teamsters' Central States Pension Fund – a roughly $18 billion fund – recently announced drastic reductions in payouts to more than 273,000 ...

The Chicago pension legislation makes three key benefit boosts. First, it increases the final salary cap used to determine pension benefits for police and fire retirees from $127,283 to $141,408.

Central government employees under the Unified Pension Scheme (UPS) are now eligible for retirement and death gratuity benefits similar to the Old Pension Scheme (OPS), including up to Rs 25 lakh ...

It’s not only some convicted staties who are still raking in a pension. Several Boston Police retirees who were federally sentenced in connection with OT fraud continue to take home a pension ...

The intention should be to recoup all the money and ideally within a year, it suggests, usually by deductions from pay or pensions of up to 8 per cent of the gross amount the person is receiving.

Nigel Peaple joined local government pension fund pool LGPS Central as director of policy. The role is new, a spokesperson confirmed. Peaple leads the pension pool’s public policy and external ...

Pension errors: Ministers may owe thousands of euro to State after payment issues ‘Serious and systemic’ issues at payroll office will see 13,000 retired civil servants checked Expand ...

India News: Central government employees under the Unified Pension Scheme (UPS) will now receive retirement and death gratuity benefits, aligning them with the Ol ...

Tier 2 pensions were created in 2011, lowering the amount of benefits for those retiring from the public sector. Originally published on thecentersquare.com, part of the BLOX Digital Content Exchange.