Pensions
Assets in State-Facilitated Retirement Plans Top $1B
Led by programs in California, Oregon and Illinois, the pace of savings growth in state plans is accelerating.
Tag: Delaware
Newsmakers
State & Municipal Treasurers Publish Letter Encouraging McCarthy to Make Deal on Federal Debt Ceiling
They say a default would be ‘catastrophic’ and devalue portfolios, damaging pension funds and 401(k) plans.
Pensions
Delaware Enacts Private-Sector Retirement Mandate
Program extends retirement benefits to private-sector workers who lack access to employer-sponsored plans.
Treasurer Mistake Causes Dead Woman to Receive $73K in Postmortem Pensions
An unreported death cost Wilmington, Delaware, 20 years’ worth of unnecessary spousal benefit payments.