Above the Fold |
February 17, 2012 |
Congress sends payroll tax cut to Obama |
By Alan Fram |
Congress has passed legislation renewing a payroll tax cut for 160 million workers and jobless benefits for millions more, backing the main items on President Barack Obama's jobs agenda in a rare burst of Washington bipartisanship…Read more |
|
|
|
|
Workers looking for jobs past retirement
|
By Amanda McGrory |
Fifty-seven percent of workers age 60 and over say they plan on looking for new employment after retiring, meaning retirement might no longer mark the end of one's career, according to a new study…Read more |
|
|
|
The #1 online destination for EVERY benefits professional. Get the information you need so you can spend less time surfing the web, more time doing your job. Log on today!
|
|
The Pulse |
|
|
Overheard on BenefitsPro |
Those plans have been dead for over 20 years in the private sector. The ones that exist today reside only in the public sector or with private sector unions. The ones on the public side are woefully underfunded. If you thought the $16 trillion national debt was bad, you may want to
take a seat. For years politicians have been making promises to public employee unions that you and I (and future generations) are expected to keep. It's a pretty hefty tab — in total it's about $45 trillion, or $424,500 per American. It's like having a huge mortgage that you never signed and no house.
-- GMiller, Presidential budget attacks small 401(k) plans, ASPPA claims
|
|