Social Security Funding
The latest news and developments affecting Social Security funding, and how legislative moves may help or hurt the program.
Obama Budget: COLI Tax, Dividend Deduction Cut, Life Settlement Reporting, PBGC Reform, PPACA Funding, Dodd-Frank Funding . . . .
By Arthur D. PostalThe Obama administration is calling in its 2012 budget for a new tax on corporate-owned-life insurance, a cut in the dividends-received deduction for variable life and variable annuity products, and many other provisions.
February 08, 2011
Lawmakers Propose Municipal Pension Disclosure StandardsNew public employee pension bills could require state and local government pension plans to publish plan funded status information.
February 01, 2011
Ryan Reveals GOP Budget Agenda to Investment AdvisorThe 112th Congress, along with incoming Speaker of the House John Boehner, was officially sworn in last month.
January 19, 2011
ASPPA to EBSA: New Pension Funding Notice is Too LongDefined pension plan participants may tune out and miss important information if they get excessively long pension funding notices.
January 05, 2011
As New Congress Convenes, Republicans Scale Back Budget Cut GoalAs the 112th Congress convened Wednesday, Republican lawmakers who gained control of the House and vowed to cut domestic spending by $100 billion by year-end were now scaling back that figure by half.
December 29, 2010
Forget 2011 Budget, FY2012 Budget to Be Delayed as WellThe FY 2012 budget may include recommendations from the Presidential deficit reduction commission, including an increase in the retirement age for Social Security and a reduction on certain existing tax deductions.
December 02, 2010
Senate Mulls Stronger Oversight of Pension Benefit Guaranty Corp.Sen. Harkin: A recent IG report "raised serious concerns about whether PBGC would be able to cope with a sudden influx of pensions brought on by a new economic crisis."
September 07, 2010
UCLA's Anderson School of Management Gives Up on Public FundingThe Anderson School of Management at the University of California at Los Angeles is preparing to forgo public funding in the face of California's budget crisis.