Legislative branch

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  1. House committee cuts funding for DOL fiduciary rule-making

    trueThe Department of Labor would be unable to spend any money to update its fiduciary rule under a House Appropriations Committee budget approved Wednesday.

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  1. DOL fiduciary rule in crosshairs of new spending bill

    trueA House bill introduced Tuesday would stop a Labor Department proposal to change investment advice standards for retirement accounts.

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  2. House committee advances military pension reforms

    trueThe House Armed Services Committee on Thursday passed a defense spending bill that includes reforms to the military retirement system that encourage defined contribution savings.

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  3. Rep. Crowley calls for universal retirement accounts

    trueRep. Joseph Crowley, D-N.Y., laid out a sweeping proposal for increasing Americans' retirement savings and other long-term needs Tuesday.

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  4. House budget calls for higher federal employee contributions and lower G Fund return

    trueThe House adopted a fiscal year 2016 budget Wednesday that calls for higher retirement contributions from federal workers and a lower rate of return for the Thrift Savings Plan's G Fund.

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  5. More transparency sought at FSOC

    trueMembers of the Senate Banking, Housing and Urban Affairs Committee pressed for more transparency at the Financial Stability Oversight Council during a hearing Wednesday.

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  6. 2 multiple employer plan bills introduced

    trueMultiple employer plans could be a more viable option for smaller employers and service providers under bipartisan legislation introduced Thursday in the House and Senate.

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  7. Obama tax proposals may be DOA

    truePresident Barack Obama's State of the Union speech Jan. 20 mentioned only broadly his vision for helping middle-class workers save more for retirement, but he's poised to submit proposals to Congress on Feb. 2 as part of his fiscal 2016 budget.

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  8. Hatch lays out retirement savings agenda for Senate Finance Committee

    trueTax reform that includes a broader base and lower rates, and new retirement savings incentives, will be top priorities of the Senate Finance Committee, incoming Chairman Orrin Hatch, R-Utah, said Tuesday at the U.S. Chamber of Commerce.

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  9. Senate follows House in passing bill allowing relief for multiemployer plans

    trueStruggling multiemployer pension funds will be able to reduce retiree benefits under legislation that received final Senate approval Saturday as part of a congressional spending package already approved by the House.

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  10. Sen. Patty Murray to become ranking HELP Committee member

    trueSen. Patty Murray, D-Wash., will become ranking member of the Senate Health, Education, Labor and Pensions Committee when the 114th Congress convenes in January.

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  11. House passes multiemployer pension reform

    trueThe House approved late Thursday a package of reforms available to struggling multiemployer pension funds, as part of a congressional spending deal that the Senate must vote on by Saturday.

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  12. Proposed Congress spending bill allows some multiemployer plans to cut retiree benefits

    trueControversial reforms for multiemployer pension funds will be part of a congressional spending deal set for a final vote Thursday.

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  13. Senators call on Treasury to help smaller employers offer retirement plans

    trueThe Treasury Department could promote more retirement programs among small employers by making it easier for them to join multiple-employer plans, several members of the Senate Finance Committee said in a letter to Secretary Jacob Lew.

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