Finance

Wells Fargo Failure & Dodd-Frank’s Failure
Finance, National

Wells Fargo Failure & Dodd-Frank’s Failure

January 3, 2017  By Stephanie West Washington, DC – Wells Fargo Bank’s third failure to produce a credible “living will” by which it could fail without a large bailout, shows as well, the failure of the Dodd-Frank Act to end too-big-to-fail Wall Street banking. Wells Fargo on Dec. 13 had its “living will” rejected by…

Fight for $15 Continues
Finance, New York

Fight for $15 Continues

September 28, 2016  By Tara Jessup  New York, NY — Thousands of workers, from the New York region and beyond, protested outside the first presidential debate at Hofstra University Monday evening demanding $15 and union rights.

NYS Budget Supports Those Fallen Behind
Finance

NYS Budget Supports Those Fallen Behind

April 9, 2016 By Teamsters Joint Council 16 President George Miranda New York, NY – "It’s often said that a society can be judged by how it treats the least fortunate and those who have fallen behind. Governor Cuomo is leading the way and demonstrating that New York always rises to the occasion by raising the…

Cutting Pension Benefits: MPRA and the Central States Pension Plan
Finance

Cutting Pension Benefits: MPRA and the Central States Pension Plan

April 6, 2016 By Tim Connor, FSA, EA, MAAA, Charles Clark, ASA, MAAA, EA and Paul R. Bonsee Another of the five key plan issues for 2016 facing multiemployer plan sponsors, administrators and fiduciaries is the impact of MPRA. There are many important details, but here are the highlights and some of the key issues.

Saving for Your Future: Questions to Ask Yourself Now
Finance

Saving for Your Future: Questions to Ask Yourself Now

Febraury 23, 2016 By Michael Fina, Radius Bank, Union Relationship Manager (FDIC Consumer News) Finding money to put into savings can seem difficult, but there are some strategies that can make it easier. Start by asking yourself these questions. Do I have savings goals? Knowing how much you want to save and why can help you…

Five Pension Plan Issues for Trustees and Administrators to Consider in 2016
Finance

Five Pension Plan Issues for Trustees and Administrators to Consider in 2016

February 9, 2016 By Paul R. Bonsee  Multiemployer plan sponsors, administrators, and fiduciaries will continue to be challenged in 2016 as they have been in recent years. Market volatility, the interest rate environment, labor markets, and regulatory and legislative changes are just some of the headwinds that they face on behalf of their members. However,…

Reid, Pelosi Eye Repeal of Obamacare ‘Cadillac Tax’
Finance

Reid, Pelosi Eye Repeal of Obamacare ‘Cadillac Tax’

November 10, 2015 By Steven Wishnia and Neal Tepel Senate Minority Leader Harry Reid (D-Nev.) and House Minority Leader Nancy Pelosi (D-Calif.) are looking for ways to repeal the impending 40% excise tax on health-insurance plans deemed too extravagant by the Affordable Care Act of 2010.

Koch Brothers Network Funding Friedrichs Case
Finance

Koch Brothers Network Funding Friedrichs Case

November 6, 2015 By Steve Wishnia and Neal Tepel This term, the U.S. Supreme Court will rule on Friedrichs v. California Teachers Association, a lawsuit intended to decimate public-sector unions by eliminating their right to collect “fair-share fees” and possibly even dues from people they are required to represent. 

Claims Against NYC Down
Finance

Claims Against NYC Down

November 6, 2015 By Tara Jessup New York, NY – A New York City Comptroller report analyzing claims activity in Fiscal Years 2014 and 2015 against five City agencies—the Police Department, Health and Hospitals Corporation, the Department of Parks and Recreation, the Department of Environmental Protection and the Department of Sanitation— show a trending down…

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