And if that chart isn't enough to scare you, how about this one?...

Important legislation is being developed/debated in Washington DC related to protecting and preserving "Critical and Declining" multi-employer defined benefit plans and the PBGC in the process. Regular readers of the KCS blog know that we have been actively involved in...

We recently reported that the average Senior spends $46,000 annually in retirement while incurring out of pocket medical expenses of $276,000. Something has to give!...

Here is a link to a recent presentation/video by Senator Sherrod Brown on the importance of protecting the pensions of workers in "Critical and Declining" multi-employer pension plans. The economic impact of our failure to protect these plans and their...

According to a CareerBuilder survey, approximately one-quarter (24%) do not know how much they will need to save for retirement. Women are much more likely to be unsure of how much to save than men—31% vs. 17%, respectively. The survey...

The WSJ does a good job of publishing the occasional personal finance article as they've done today with an update on the Employee Benefit Research Institute's (EBRI) annual survey. Today's article, titled "Retirees Are Less Confident About Having Enough to...

Former Senator Tom Coburn (R-Okla) recently penned an article for The Hill regarding the looming insolvency crisis facing the multiemployer pension system. He stated that the "stakes for this committee could not be higher". We couldn't agree more. Furthermore, "failure...

According to a study by Mercer, the estimated aggregate deficit of pension plans sponsored by S&P 1500 companies was $286 billion at the end of March, a $24 billion increase from $262 billion at the end of February. As a...

I’ve been extremely fortunate to be a part of the team working on the Butch Lewis Act (BLA) proposed legislation to create the Pension Rehabilitation Administration (PRA). As regular readers of this blog know, KCS was formed in August 2011...

I am pleased to report that the Butch Lewis Act presentation to the Senate staff went well yesterday. This follows the presentation to the House staff last Friday. Both meetings were well attended, and the audience was engaged while asking...