The Center for Retirement Research at Boston College has come out with another piece measuring the current state of our retirees. BC does a great job in this area, and we often use them as our go-to source for pension-related...

According to an article that appeared on CNBC's website, the U.S. consumer continues to take on a greater debt burden. Total household debt rose to an all-time high of $13.15 trillion at year-end 2017, according to the Federal Reserve Bank...

Life expectancy in the U.S. has dropped for the second consecutive year. This is the first time that this has happened since the early 1960s. Most of the decline is attributable to the diseases of despair, including drug overdoses, suicide,...

CONGRESS TO ESTABLISH A JOINT SELECT COMMITTEE Establishment Of Joint Select Committee.—There is established a joint select committee of Congress to be known as the “Joint Select Committee on Solvency of Multiemployer Pension Plans”. GOAL.—The goal of the joint committee...

We are pleased to share with you the Asset.Tv video from our recent conversation with Liz Claman, the anchor of the Fox Business Network show Countdown to the Closing Bell. Our conversation touched on the U.S. retirement crisis and the...

Think that the lack of retirement income isn't having a profound impact on society already? Please, think again! According to the Census of Fatal Occupational Injuries, the death rates for those workers aged 65 and older were three times the...

L.L. Bean has terminated the defined benefit plan and is offering a voluntary buy-out. Of the roughly 5,000 full-time employees, there are about 900 who are eligible to take a lump-sum distribution. To be eligible the employee must be at...

We are pleased to share with you the most recent interview for Russ Kamp on Asset.Tv where he provided an update on the Butch Lewis Act. As we've discussed before, this Bill has the potential to be landmark legislation designed...

Here is the latest on the Butch Lewis Act. We are pleased to report that there are two more co-sponsors of the Bill. However, this Bill is currently only being supported by Democratic Senators. Where are the pension advocates? Millions...

As we continue to answer questions from the most recent KCS Fireside Chat, today we address the following: How could a 60% and a 90% funded plan have the same return on asset assumption (ROA)? Shouldn’t the asset allocation be...