Ret plans - policy (BenefitsLink.com)Headlines re Ret plans - policy, gathered by BenefitsLink.comCurrent Pension Legislative and Regulatory Outlook- (Found June 24, 2008 ) Excerpt: "In this article we survey current pension policy initiatives both in Congress and in the government agencies." (JPMorgan Chase & Co.)http://www.jpmorgan.com/cm/Satellite?c=JPM_Content_C&cid=1159349346668&pagename=jp... Law Professor's Book Examines America's Journey to a Defined Contribution Society- (Found June 24, 2008 ) Excerpt: "Edward A. Zelinsky, professor of law at the Benjamin N. Cardozo School of Law of Yeshiva University, New York, in his new book points out we have been moving inescapably toward 'the ownership society' and that its origins go back in earnest to the Employee Retirement Income Security Act of 1974's creation of the individual retirement account. The development of the defined contribution society has advanced steadily in a bipartisan fashion and far more broadly than 401(k) plans....http://www.pionline.com/apps/pbcs.dll/article?AID=/20080526/PRINTSUB/55838922/1020/TOC New Jersey Bill Package Targets State Pension Abuses- (Found June 24, 2008 ) Excerpt: "The proposals, which are combined in the 'Taxpayer Empowerment and Accountability Plan,' specifically address public pension abuses uncovered by Newsday. Two other key components of the package would bar school board attorneys from doing personal legal work for superintendents whose districts they represent and would require school districts to post online all information related to payrolls, pension benefits and administrators' contracts." (NewsDay)http://www.newsday.com/services/newspaper/printedition/tuesday/news/ny-stsena105721434jun1... Increasing Life Expectancies Are Disrupting Traditional Retirement Distribution Strategies- (Found June 24, 2008 ) Excerpt: "When retirement income is primarily based on annual investment earnings, so that the depletion of principal is spread out over a very long life expectancy, annual retirement income will never fall below annual investment income, even if the retiree lives to age 1,000! . . . . Perhaps . . . learning to live on just investment income (plus Social Security) is an idea whose time has come!" (Brooks Hamilton)http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1128376 SSA's International Update, June 2008- (Found June 24, 2008 ) Excerpt: "This monthly publication covers recent developments in foreign private and public pensions, social security, and retirement." (U.S. Social Security Administration)http://www.socialsecurity.gov/policy/docs/progdesc/intl_update/2008-06/index.html |