• Wisconsin Postal Worker Charged With Theft From Mail

    Updated: 2010-11-30 20:40:10
    Madison, Wisconsin — A federal grand jury in the Western District of Wisconsin, sitting in Madison, returned the following indictments today. You are advised that a charge is merely an accusation and that a defendant is presumed innocent until and unless proven guilty. Theresa L. Kuehl, 42, Neillsville, Wis., is charged with theft from an [...]

  • National Deficit Commission Proposed Big Hits on Feds and Postal Workers, Retirees

    Updated: 2010-11-30 20:40:10
    Archived National Association of Postal Supervisors Legislative Report Deficit Commission Proposes Big Hits on Feds and Postal Workers, Retirees The co-chairs of the National Commission on Fiscal Responsibility on Wednesday released their recommendations for significant savings in federal spending. As feared, the proposals would bring significant pain to the active and retired federal and postal [...]

  • CRFB Urges Fiscal Commission to Agree on a Plan

    Updated: 2010-11-30 15:33:07
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts CRFB Urges Fiscal Commission to Agree on a Plan CBO Unveils New TARP Estimate Our Fiscal Security' Gets Specific One More in the Announcement Effect Club and A So-Close Member President Obama Freezes Federal Worker Pay for Two Years Feldstein on Tax Expenditures Line' Items : After the Turkey Edition What CRFB Is Thankful For . By month November 2010 58 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 February 2010 61 January 2010 59 December 2009 49 All Archives By Keyword Budget 156 CBO 91 Congress 179 Deficits and Debt 270 Economy 109 Fiscal News 95

  • CBO Unveils New TARP Estimate

    Updated: 2010-11-30 15:12:40
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts CRFB Urges Fiscal Commission to Agree on a Plan CBO Unveils New TARP Estimate Our Fiscal Security' Gets Specific One More in the Announcement Effect Club and A So-Close Member President Obama Freezes Federal Worker Pay for Two Years Feldstein on Tax Expenditures Line' Items : After the Turkey Edition What CRFB Is Thankful For . By month November 2010 58 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 February 2010 61 January 2010 59 December 2009 49 All Archives By Keyword Budget 156 CBO 91 Congress 179 Deficits and Debt 270 Economy 109 Fiscal News 95

  • Quick Overview of Proposed AFN Regulations

    Updated: 2010-11-30 14:42:00
    With the passage of PPA, many defined benefit pension plan sponsors must provide an annual notice describing the plan’s funded status to all participants. The Annual Funding Notice (AFN) requirement has been in place since 2008, and our first guidance came in the form of DOL Field Assistance Bulletin 2009-01. As mentioned in our 5500 [...]

  • Things worth reading: 30th November 2010

    Updated: 2010-11-30 08:19:21

  • Never mind the riots; how to make double digit profits out of students

    Updated: 2010-11-30 07:54:20
    House prices may be falling and some students are rioting against raised tuition fees but these young rebels are proving a reliable source of double-digit profits for buy to let landlords. Total returns over the last year hit a national average of 13.5 per cent, according to estate agents Knight Frank. Better still, these can [...]

  • APWU Contract Negotiations Resume

    Updated: 2010-11-30 04:34:49
    APWU Web News Contract negotiations between the APWU and the Postal Service resumed Nov. 29, with a Dec. 1 deadline fast approaching. Talks will continue on Nov. 30. The union and management discussed returning subcontracted work to USPS employees and issues related to workforce structure, as well as pay and benefits. “The APWU is seeking [...]

  • Obama Proposes 2-Year Pay Freeze For All Civilian Federal Employees

    Updated: 2010-11-30 04:34:47
    The White House has issued the following “Fact Sheet: Cutting the Deficit by Freezing Federal Employee Pay” Because of the irresponsibility of the past decade, the President inherited a $1.3 trillion projected deficit upon taking office and an economic crisis that threatened to put the nation into a second Great Depression. He moved quickly to [...]

  • Sloan’s Social Security Claims Are Turkey

    Updated: 2010-11-29 20:40:51
    Writing in the Washington Post, Allan Sloan singles out Social Security personal accounts as a policy “turkey.” Both reasons Sloan gives, however, turn out to be wrong. It’s a shame, since Sloan is a bright guy and his main point—that government’s role is to provide a basic income to keep people out of poverty in retirement, not to run an investment or wealth building program—is a legitimate one. But if you present evidence to support … Read full post »

  • 'Our Fiscal Security' Gets Specific

    Updated: 2010-11-29 19:15:02
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Our Fiscal Security' Gets Specific One More in the Announcement Effect Club and A So-Close Member President Obama Freezes Federal Worker Pay for Two Years Feldstein on Tax Expenditures Line' Items : After the Turkey Edition What CRFB Is Thankful For . 10 Themes Emerging from the New Debt Reduction Plans Line’ Items : Talking Turkey Edition By month November 2010 56 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 February 2010 61 January 2010 59 December 2009 49 All Archives By Keyword Budget 156 CBO 91 Congress 179 Deficits and Debt 270 Economy 109

  • Why OBR forecasts and Irish disaster help Osborne's case

    Updated: 2010-11-29 17:00:25
    Lord Young was pushing his luck when he told the Telegraph last week that many people have never had it so good. But the latest forecasts from the independent Office for Budget Responsibility (OBR) confirmed today that we could have had it an awful lot worse, and we don’t have to look very far – just across the Irish [...]

  • President Obama Freezes Federal Worker Pay for Two Years

    Updated: 2010-11-29 16:15:00
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Our Fiscal Security' Gets Specific One More in the Announcement Effect Club and A So-Close Member President Obama Freezes Federal Worker Pay for Two Years Feldstein on Tax Expenditures Line' Items : After the Turkey Edition What CRFB Is Thankful For . 10 Themes Emerging from the New Debt Reduction Plans Line’ Items : Talking Turkey Edition By month November 2010 56 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 February 2010 61 January 2010 59 December 2009 49 All Archives By Keyword Budget 156 CBO 91 Congress 179 Deficits and Debt 270 Economy 109

  • Feldstein on Tax Expenditures

    Updated: 2010-11-29 16:10:17
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Our Fiscal Security' Gets Specific One More in the Announcement Effect Club and A So-Close Member President Obama Freezes Federal Worker Pay for Two Years Feldstein on Tax Expenditures Line' Items : After the Turkey Edition What CRFB Is Thankful For . 10 Themes Emerging from the New Debt Reduction Plans Line’ Items : Talking Turkey Edition By month November 2010 56 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 February 2010 61 January 2010 59 December 2009 49 All Archives By Keyword Budget 156 CBO 91 Congress 179 Deficits and Debt 270 Economy 109

  • 10 tips to spot rip-off financial advice

    Updated: 2010-11-29 08:06:59
    Rip-off financial advice, intended to generate commission for the intermediary rather than gains for the investor, is becoming more – not less – widespread, ahead of the imposition of new rules designed to drive out the cowboys, some experts claim. The Financial Services Authority (FSA) will require all independent financial advisers (IFAs) to shun commission payments [...]

  • Things worth reading: 29th November 2010

    Updated: 2010-11-29 07:23:16

  • Editorial: The real facts and figures behind the Postal Service

    Updated: 2010-11-29 03:50:44
    Editorial in Federal Times by Mark Strong, President, National League of Postmasters Myths about the U.S. Postal Service fly fast and far these days. For instance, you have may have heard that there are 36,000 post offices in the U.S., which is more retail outlets than Wal-Mart, Starbucks and McDonald’s combined. In addition, many of [...]

  • DOL Online Database of Form 5500 Filings

    Updated: 2010-11-29 03:12:32
    Now that many plan sponsors have completed their 2009 Form 5500 filings for their retirement and welfare plans, they may be wondering about the status of the proposed online posting of these filings. We hadn’t heard much about this requirement lately, but buried in the new proposed DOL Annual Funding Notice regulations is a reference [...]

  • FP Letters: Don’t put pension burden on business

    Updated: 2010-11-27 03:49:44
    Re: “Expand CPP now,” Jon Kesselman, Nov. 25 In his article supporting the expansion of the CPP, Jon Kesselman brushes aside the impact of higher costs imposed on the employer. He says the higher costs will be offset by gradual reductions in wages paid (thanks for that) and reductions in pension benefits of existing employer-sponsored ...

  • USPS Hires Top Legal Firms To Battle PRC in Court

    Updated: 2010-11-27 03:33:58
    According to Jeff Jeffrey reporting  for the National Law Journal via  the Daily Business Review. Postal Service goes to court over rate request November 26, 2010 Twice this year, disputes between the Postal Service and the commission that regulates it have landed in the U.S. Court of Appeals for the D.C. Circuit. In the latest [...]

  • Things worth reading: 26th November 2010

    Updated: 2010-11-26 08:22:28

  • House prices show how wealth is shifting from West to East

    Updated: 2010-11-26 07:11:34
    House prices in America, Europe and Asia show how economic power is shifting from West to East, according to international estate agents. But, wherever you are, high-priced properties are likely to do best because the global credit crunch has not hit the rich as hard as the poor and cash buyers don’t need to worry [...]

  • Is the Piggybank Broken? — Raising retirement

    Updated: 2010-11-26 04:21:32
    It’s time to discuss changes to the retirement age and to contributions — while time is still on our side By Fred Vettese A national debate on whether to raise the retirement age under the Canada Pension Plan has finally begun. Raising the retirement age has been the subject of controversy and even violent protest ...

  • Governor grilled for backing Coalition's deficit reduction plans

    Updated: 2010-11-25 11:24:00
    Mervyn King, Governor of the Bank of England, has been looking far from comfortable, almost sheepish, during his grilling before the Commons Treasury Committee this morning. But it’s got very little to do with the Bank’s failure to meet its inflation remit. On that the Governor is still robustly unrepentant. It’s part of the Bank’s remit [...]

  • Things worth reading: 25th November 2010

    Updated: 2010-11-25 08:23:58

  • New tax errors could spoil Christmas for thousands

    Updated: 2010-11-25 07:49:52
    In addition to Pay As You Earn (PAYE) errors affecting more than 5.7m people revealed earlier this year, accountants now say two more areas of systematic bungling by the taxman are coming to light which could ruin thousands of people’s Christmas. If there is one thing more upsetting than receiving an incorrect tax demand, it is [...]

  • Six tips for rising income despite stock market shocks

    Updated: 2010-11-24 08:13:49
    Fears about Korea, the euro and a double-dip recession in America prompted stock market shocks around the world which will cause most savers to seek the apparent security of bank and building society deposits. But some experts argue that the best way to preserve capital and the real value or purchasing power of the income [...]

  • Things worth reading: 24th November 2010

    Updated: 2010-11-24 06:28:27

  • 10 Themes Emerging from the New Debt Reduction Plans

    Updated: 2010-11-23 20:36:55
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts 10 Themes Emerging from the New Debt Reduction Plans Line’ Items : Talking Turkey Edition The Economist Joins the Announcement Effect Club Chairman Bernanke once again : the importance of putting US fiscal policy on a sustainable path What's Up Doc Fix MarketWatch November 15 19, 2010 On Ireland Ryan-Rivlin Health Care Plan Unveiled By month November 2010 50 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 February 2010 61 January 2010 59 December 2009 49 All Archives By Keyword Budget 156 CBO 91 Congress 179 Deficits and Debt 270 Economy 109 Fiscal News

  • Things worth reading: 23rd November 2010

    Updated: 2010-11-23 07:16:44

  • The Economist Joins the Announcement Effect Club

    Updated: 2010-11-22 19:43:49
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts The Economist Joins the Announcement Effect Club Chairman Bernanke once again : the importance of putting US fiscal policy on a sustainable path What's Up Doc Fix MarketWatch November 15 19, 2010 On Ireland Ryan-Rivlin Health Care Plan Unveiled Jan's Plan Another Blue-Ribbon Group Weighs In By month November 2010 48 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 February 2010 61 January 2010 59 December 2009 49 All Archives By Keyword Budget 156 CBO 91 Congress 179 Deficits and Debt 270 Economy 109 Fiscal News 95 Health Care 122 National Debt 84

  • Things worth reading: 22nd November 2010

    Updated: 2010-11-22 07:47:53

  • Things worth reading: 19th November 2010

    Updated: 2010-11-19 09:04:22

  • Ryan-Rivlin Health Care Plan Unveiled

    Updated: 2010-11-18 20:19:43
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts On Ireland Ryan-Rivlin Health Care Plan Unveiled Jan's Plan Another Blue-Ribbon Group Weighs In Bill Frenzel on Bowles-Simpson Earmarks Are Just a Start Lively Debate Ahead on Estate Tax Gene Steuerle in the Ripon Forum By month November 2010 44 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 February 2010 61 January 2010 60 December 2009 49 All Archives By Keyword Budget 156 CBO 91 Congress 179 Deficits and Debt 270 Economy 109 Fiscal News 95 Health Care 122 National Debt 84 Process and Rules 62 Social Security 45 Stimulus 89 Tax 84 more tags Press

  • OPEB Trust Investment Return

    Updated: 2010-11-18 03:31:38
    Many municipalities, school districts, and other governmental entities have established OPEB trusts as a way of starting to prefund their postretirement benefit promises to employees. In addition to the perceived fiscal responsibility of prefunding OPEB benefits, setting aside assets can also help the plan sponsor’s GASB 45 accounting. This post deals with certain situations where the [...]

  • Jan's Plan

    Updated: 2010-11-17 18:36:18
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Recent Posts Jan's Plan Another Blue-Ribbon Group Weighs In Bill Frenzel on Bowles-Simpson Earmarks Are Just a Start Lively Debate Ahead on Estate Tax Gene Steuerle in the Ripon Forum Experts Get Specific for New York Times CNN Money Exclusive : Stop Whining About Bowles-Simpson . Let's Make it . Better By month November 2010 42 October 2010 53 September 2010 41 August 2010 43 July 2010 60 June 2010 63 May 2010 45 April 2010 64 March 2010 65 February 2010 61 January 2010 60 December 2009 49 All Archives By Keyword Budget 156 CBO 91 Congress 179 Deficits and Debt 270 Economy 109 Fiscal News 95 Health Care 122 National Debt 84

  • Possible 436 Amendment Extension

    Updated: 2010-11-11 23:30:54
    Nothing’s official yet, but there are rumors circulating in the benefits community that the IRS may extend the deadline for amending defined benefit pension plan documents for the IRC 436 benefit restriction rules. So, what’s the practical implication for pension plan sponsors? Perhaps not much. Many plan documents were already amended late in 2009 since [...]

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