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PBGC Blog: Retirement Matters

Weekly Pension News Round-Up

  |   September 21, 2012

Here's what made headlines this week in pension news:

The Wichita Eagle publishes, "Judge OKs request to consolidate Hawker pension claims."

"The Internal Revenue Service (IRS) and Pension Benefit Guaranty Corporation (PBGC) will host a phone forum on September 27 to discuss the Moving Ahead for Progress in the 21st Century Act (MAP-21) and changing segment rates,"PLANSPONSOR.COM.

Weekly Pension News Round-Up

  |   September 14, 2012

Here's what made headlines this week in pension news:

The New York Post publishes, "Biz gets pensions break."

"Going to work for the government has always come with an ironclad promise: Your pension benefits will be there when you retire," The Sacramento Bee.

PBGC will pay retirement benefits for over 500 current and future retirees of B'nai B'rith International, a Jewish advocacy organization based in Washington, DC. 

The agency stepped in because B'nai B'rith wouldn't have been able to pay its bills or stay in business unless the plan was terminated.

The B'nai B'rith pension plan ended as of April 30, 2011. PBGC will pay all pension benefits earned by the organization's retirees up to the legal limit of $54,000 a year for a 65-year-old. More...

Weekly Pension News Round-Up

  |   August 31, 2012

Here's what made headlines this week in pension news:

Smart Business Network writes "How to overcome benefit plan challenges and structure your plans properly."

Pensions & Investments reports "Pension investment strategy in light of new law."  

CNNMoney publishes "Your pension: Lump sum vs. monthly payments."   

Dow Jones Newswires runs "Hawker Says It Is Closer to Superior Deal, Settles With PBGC."

There are a number of websites and online tools to help with retirement planning.  In particular, retirement calculators are one of the most useful tools in helping future retirees figure out how much to save for retirement. Although this tool, in its many variations, can be extremely helpful, very few actually provide detailed instructions on how best to use them. Fortunately, CBSNEWS.COM features Steve Vernon's tips on using retirement calculators:

  • Tip #1: What rate of return do you expect on your retirement savings?
  • Tip #2: When do you expect to retire?
  • Tip #3: How long will you live?
  • Tip #4: How much retirement income do you need?
  • Tip #5: Should you include Social Security benefits?

Read the CBSNEWS.COM full article:http://www.cbsnews.com/8301-505146_162-57494187/5-tips-for-using-retirement-calculators/.

Weekly Pension News Round-Up

  |   August 24, 2012

Here's what made headlines this week in pension news:

KWCH 12 Eyewitness News ran "Hawker Beechcraft, union & lenders reach pension deal."

Business Insurance publishes "PBGC takes over SP Newsprint pensions."

Reuters poses the question "How is your pension doing?"