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Retirement

EBSA brings shocking charges against Exton, Pa., electrical firm

11/02/2016
The U.S. Department of Labor’s Employee Benefits Security Admini­stration has charged Keares Electrical Contracting in Exton, Pa., with failing to make required contributions to the company’s 401(k) retirement plan.

California Supreme Court’s clear conclusion: For pay purposes, retiring is quitting

09/26/2016
In California, the same pay rules apply to retirement as they do for someone who quits.

Small businesses shifting focus to retirement benefits

09/12/2016
Small business owners are finding that the implementation of the Affordable Care Act (ACA) has decreased the appeal of health care benefits to employees and increased retirement plans’ importance as a tool to recruit and retain employees.

Suit claims NYU retirement plan offered too many choices

09/07/2016
New York University is one of eight large universities facing litigation over its retirement plan.

DOL rule clears the way for state-run retirement savings plans

09/02/2016
A new Department of Labor rule will make it easier for states to establish retirement savings plans for employees of organizations that do not offer retirement benefits.

Free resources for offering myRA benefits available on web

06/14/2016
The Department of Labor has rolled out a website full of resources for employers that want to help employees set up retirement savings accounts through Uncle Sam’s myRA program.

DOL to appoint fiduciary for abandoned Bronx 401(k)

06/09/2016
The U.S. Department of Labor’s Employee Benefit Security Admin­istration has asked a federal court to appoint a fiduciary for the 401(k) plan at Astro Communications, a Bronx telecommunications firm.

Was it forced retirement or just a resignation?

06/02/2016
An employee facing the prospect of being demoted, transferred or having to take on new duties may consider retiring instead.

When will baby boomers retire?

05/23/2016
Boomers apparently are ready to work as long as possible.

Staten Island retirement plan to get a fiduciary

05/09/2016
The U.S. Department of Labor has asked a federal court to allow it to appoint a fiduciary for the employee retirement fund at Lily Pond Nursing Home, formerly of Staten Island.