Pensions for all: Sen. Sanders’ new bill guarantees retirement income to 56M workers without a plan

By Lynn Cavanaugh Source: BenefitsPro Retirement proposals for workers without an employer-sponsored retirement plan were front and center at a Senate Health, Education, Labor, and Pensions (HELP) Committee meeting last week. Senator Bill Cassidy, (R-LA), chair of the HELP Committee, delivered opening remarks on how to empower gig workers to access portable workplace benefits, like health care and retirement, in his legislation aimed at improving retirement security of freelance and gig workers called the Independent Retirement Fairness Act that [...]

2025-07-22T14:51:59-07:00July 21st, 2025|Categories: Retirement|Tags: , |

Policy Ideas for Boosting Defined Benefit Pensions In The Private Sector

By Dan Doonan, John Lowell, Jonathan Price, Michael Kreps, Tyler Bond and Zorast Wadia Source: National Institute on Retirement Security In response to a request for information issued by the U.S. Senate Health, Education, Labor, and Pensions (HELP) Committee, the National Institute on Retirement Security has submitted a research issue brief with policy ideas to help expand defined benefit (DB) pension coverage for private-sector employees. The research brief, Policy Ideas for Boosting Defined Benefit Pensions In The Private Sector, [...]

2024-06-06T11:41:54-07:00June 6th, 2024|Categories: Defined Benefit Plans|Tags: , |

Julie Su’s Nomination for Secretary of Labor Passes Senate Committee

By Paul Mulholland Source: Plan Sponsor The Senate Committee on Health, Education, Labor and Pensions advanced Julie Su’s nomination to be Secretary of Labor to the full Senate late Tuesday by an 11 to 10, party-line vote. Su has served as acting secretary since March 2023, having been confirmed as deputy secretary in July 2021. The hearing was initially scheduled as a public hearing for Wednesday. Senator Bernie Sanders, I-Vermont and the chair of the HELP Committee, did not [...]

2024-02-29T11:11:34-08:00February 28th, 2024|Categories: Economy|Tags: , , |
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