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California pension law causes DOL to cease federal transit assistance
Headline: California pension law causes DOL to cease federal transit assistance
Publication: Pensions & Investments
Article Date: November 12, 2021
Elected officials in California are calling on the Department of Labor to reverse a decision that a state pension reform law violates a federal law related to mass transit funding. Read More…
Retirement Is Expensive. Here’s Why Pensions Can Help
Headline: Retirement Is Expensive. Here’s Why Pensions Can Help
Publication: Forbes
Article Date: November 1, 2021
Retirement arguably is most expensive thing people will pay for, and having a good pension can help. The HOOPP report says it well: pensions are efficient vehicles to pay for something expensive: retirement. Read More…
The largest COLA hike in 40 years is coming to Social Security in 2022
Headline: The largest COLA hike in 40 years is coming to Social Security in 2022
Publication: Market Watch
Article Date: October 13, 2021
The cost-of-living adjustment in 2022 will be 5.9%, according to the Department of Labor. It will be the largest increase to COLA in 40 years, and a boost to Social Security beneficiaries’ checks. Read More…
Should Retirees Use Credit Cards?
Headline: Should Retirees Use Credit Cards?
Publication: The Ascent
Article Date: September 15, 2021
It’s important to use credit cards wisely and try your best to only charge expenses that you can pay off by the time your bills come due. Many consumers fall into the trap of racking up credit card interest on their charges, which can lead to costly debt. Read More…
The State Pension Funding Gap: Plans Have Stabilized in Wake of Pandemic
Headline: The State Pension Funding Gap: Plans Have Stabilized in Wake of Pandemic
Publication: PEW
Article Date: September 14, 2021
The nation’s state retirement systems finished the 2021 fiscal year in their best condition since the Great Recession of 2007-09. Read More…