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401K

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Top 401K Articles see all

Displaying items 1-5
  • City Council challenges mayor's pension change

    City Council challenges mayor's pension change
    Opposition is mounting on the City Council against Mayor Stephanie Rawlings-Blake’s latest sweeping pension change, which would switch new city employees from a traditional pension system to a 401(k)-style plan.
  • No half measures for Baltimore pension reform [Editorial]

    No half measures for Baltimore pension reform  [Editorial]
    City Councilwoman Helen Holton's proposed alternative to Mayor Stephanie Rawlings-Blake's plan to put many future municipal employees into a 401(k)-style plan instead of a traditional pension sounds, on the surface, like the compassionate thing to do. Ms....

    Retirement: the vanishing goal [Commentary]

    Retirement: the vanishing goal [Commentary]
    It was an accident, really. My saving for retirement. I was in my 30s when I heard about IRAs, individual retirement accounts, and they sounded like a good idea. I was single. No house. No kids. I could afford to put a couple of thousand away each year....

    City police and fire unfunded pension liabilities grew by $60M

    City police and fire unfunded pension liabilities grew by $60M
    The unfunded liabilities of the city's police and firefighters pension system grew by about $60 million last year, despite recent changes requiring the public safety workers to contribute 10 percent of their pay to the fund. Unfunded pension...

    Rawlings-Blake seeks to switch new employees from pensions to 401(k)-style plans

    Rawlings-Blake seeks to switch new employees from pensions to 401(k)-style plans
    Mayor Stephanie Rawlings-Blake today plans to introduce legislation to switch new city employees from the a traditional pension system to a 401(k)-style plan.  By implementing the switch, the city expects to save $1 million in fiscal year 2014, with...