November 10, 2010: Expanding retirement plan coverage most likely will take a back seat to reducing budget deficits when control of the House shifts to the Republican Party in January 2011, Hill watchers told BNA in interviews leading up to and after the election. The likelihood that major retirement legislation will be considered and passed by a divided Congress appears unlikely, some political observers said. However, that prospect could change if members of the new...

September 28, 2010: The Central States Pension Fund had $18 billion in assets as of June 30, 2010, according to their quarterly Financial and Analytical Report, which Teamsters for a Democratic Union obtained in late August. This is down from $19.5 billion at the beginning of the year. The loss is due to two factors: the poor stock market performance in the second quarter, and the temporary withdrawal of YRCW, the fund’s largest participating employer....

September 17, 2010: The Central States Pension Fund had $18 billion in assets as of June 30, 2010, according to their quarterly Financial and Analytical Report. This is down from $19.5 billion at the beginning of the year. The loss is due to two factors: the poor stock market performance in the second quarter, and the temporary withdrawal of YRCW, the fund’s largest employer. The fund lost 6.8 percent on its investments in the second...