Retired Union Workers of America
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  Happy New Year 2023

RETIREMENT NEWS Winter  2022 and 2023

February 1st, 2023

$$$ Home Page / American Rescue Plan Special Financial Assistance Program
The State of Pensions 2022 / year end update
7  Things surviving spouses need to know about Social security
Pension-Linked Emergency Saving Accounts :
Update in ERISA litigation involving breaches of Fiduciary duty claims
  PBGC  Approves SFA app. for Painters Local 466
  PBGC  Approves SFA app. for GCU-2C Plan / Graphic communications Union
  PBGC  Approves SFA app. for Detroit Newspaper Union Plan
  PBGC Approves SFA app. for Alaska Iron Workers Plan
  PBGC Approves SFA app. for Plasters Local 82 Fund
  PBGC Approves SFA app. for GCIU Local 119B Plan
  PBGC Approves SFA app. for Teamsters Local 641 Plan
Bakery Drivers Local 550 Pension Plan applys for SFA Funds
Why Public Pension Funds Portfolios May Deliver Unpleasant Surprises
Milliman : Pension Buyout Index January 2023
*** Final Rule Exception Process for Underfunded Multiemployer Plans seeking SFA from PGCB
       Important Read ***

Secure 2.0 impacts Defined Benefits Plans, Too - Tracking Changes
U.S. Pension Briefing - December 2022
DOL, PBGC announce Retirement Plan civil penalties foor 2022 and 2023
Hardship withdrawals are threatening Retirement Security

January 17, 2023
U.S. State pension plans Funding Status
Secure Act 2.0 Summary of changes to Retirement Plans
Pocket Guide to Secure 2.0
How to advise clients of the RMD age increase
How the Older Work Force and early Retirees fared during the Covid -19 Recession
Americans' 4 biggest Retirement Regrets and how to avoid them
DOL proposes changes to its voluntary Fiduciary correction program for 401k plans
Ubiquity's 2023 state of the industry survey
San Diego must pay $75 Million to unwind proposition B pension cuts

January 12, 2023
US Public Pension Plan topped $1Trillion in 2022, Equable says ( negative 6.14% returns for 2022)
Dec.2022 Pension Finance Update
SECURE 2.0  SUMMARY
The Mulitemployer Pension Plan Amendment Act's Evade or Avoid Provision
Congressional Research Service : Income for the Population aged 65 older
What to keep on your Radar for 2023
Teamsters Pension Bailout may not be Remedy Employers hoped for
*** Congress Opens the door for the Retirement Program of the Future
Interest rate Hikes present Challenge for Fully Funded Pension Plans
Best practices for applying for Special Financial Assistance Funds