New Law Could Mean Benefit Cuts For Retirees

2015-01-27T22:25:58-08:00January 27th, 2015|Categories: Retirement|Tags: , , , |

If you weren’t paying close attention to happenings in our nation’s capital around the holiday season – and who could blame you – this might have slipped your notice: Important pension reforms were signed into law that will have dramatic impact on retirement for 10 million Americans. Buried deep in the $1.1 trillion “Cromnibus” spending bill signed last month by President Obama, the reforms aim to head off a looming implosion of multiemployer pension plans – traditional defined benefit [...]