Forbes is reporting on a new study conducted by the National Insitute on Retirement Security forecasting that a modest retirement for the "average" American Middle-class worker is in peril. The study, produced by Diane Oakley, NIRS Executive Director, claims that...

The fight to protect and preserve multiemployer defined benefit plans is happening on many fronts. As regular readers of the KCS Blog know, we have been at the forefront of bringing information to you regarding the crisis that is unfolding...

There was an article yesterday from Chief Investment Officer Alert highlighting the fact that CalPERS's fixed income group had received a D grade from their lead consultant Wilshire. As it turns out, the grade was given primarily as a result...

Location, location, location may be the real estate agents' mantra, but it is also becoming critically important in determining the economic fate for the American worker. Regrettably, the recovery from the Great Financial Crisis has been incredibly uneven for a...

It is being reported that Laborers Local No. 265, Cincinnati, has applied to the US Treasury Department for benefit relief under the Multiemployer Pension Relief Act (MPRA) of 2014. If approved, plan participants will see a 40% across the board...

S&P is out with a recent analysis suggesting that many American cities with weak pension funded status will likely face challenges in meeting both pension obligations and other social safety net funding. According to an article by Cole Lauterbach, Illinois...

A decade after the Great Financial Crisis and we find that nearly 6 in 10 American workers have still not recovered from that horrific financial event. In a survey of workers from the Transamerica Center for Retirement Studies, 56 percent...

Happy to share the following graphic with you. As the above chart highlights, the recalculation by the CBO of the costs associated with the Butch Lewis Act makes it a clear-cut choice relative to the propping up of the PBGC....

In yesterday's KCS Blog post, "No More Excuses", we touched on the fact that CBO scoring for the Butch Lewis Act legislation showed only a $34 billion price tag down substantially from the original $101 billion calculated last year. Our...

The CBO has revised estimates for the costs associated with the loan program under the proposed Butch Lewis Act (BLA) legislation. This revised estimate is well below the CBO's initial $101 billion projected cost and makes the BLA the most...