Bessent on new Trump retirement plan
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The problem with overreliance on Social Security.
Cincinnati officials have a plan to fix the long-troubled pension for retired city workers. Mayor Aftab Pureval says the proposal was hammered out in mediation over the past year.
Somerset County is shifting its $83 million employee retirement fund to a New York firm. The move puts both the fund’s equities and assets under Wilmington Trust – a firm with a
AARP Foundation joined a class action lawsuit to restore the lost retirement funds of nearly 5,000 employees of AME Church
Senate leaders say the proposal funds teacher pay raises and classroom initiatives by redirecting existing state resources after stabilizing the Teachers’ Retirement System, avoiding new taxes or additional state spending.
The White House does not have the legal authority to do what the president suggested, and some experts are skeptical of proposed legislation.