(Mid-America Pension Rights Project): AK Steel transfers $280 million in pension liabilities with group annuity purchase
Via Pensions&Investments By Rob Kozlowski AK Steel Corp., West Chester, Ohio, purchased a group annuity contract from Massachusetts Mutual Life Insurance Co. to transfer about $280 million in pension liabilities, spokeswoman Lisa H. Jester said in an email. The transaction took place this month, according to a 10-Q filing with the SEC on Friday. AK Steel transferred the liabilities of about 5,400 retirees and beneficiaries to the … Continue reading (Mid-America Pension Rights Project): AK Steel transfers $280 million in pension liabilities with group annuity purchase
(Mid-America Pension Rights Project): Western Pennsylvania Teamsters fund seeks benefit reductions
Via Pensions & Investments By Hazel Bradford Western Pennsylvania Teamsters and Employers Pension Fund, Pittsburgh, applied for permission to reduce benefits to remain solvent, according to the Treasury Department website listing applications under the Kline-Miller Multiemployer Pension Reform Act of 2014. As of Jan. 1, 2017, the pension fund had $718.4 million in assets and $2.2 billion in liabilities, according to its most recent Form 5500; it … Continue reading (Mid-America Pension Rights Project): Western Pennsylvania Teamsters fund seeks benefit reductions
(Mid-America Pension Rights Project): Pension crisis worries mid-state retirees
Via Fox17 By Nikki Junewicz It’s a looming crisis set to impact one million American workers, including thousands in middle Tennessee: pension cuts. This weekend local union members came together to talk about what they’re going to do if or when the pension plans they’ve been paying into for decades run out. “I do feel it’s a betrayal, and it strikes me as particularly un-American … Continue reading (Mid-America Pension Rights Project): Pension crisis worries mid-state retirees
Meet the Team, Staff Spotlight: Kim Hill
By Nicholas Goodman, MiCAFE Network Specialist Although she prefers to work behind the scenes, Kim Hill is a strong component of the wheels that keep our office turning. As a member of the Elder Law of Michigan team for 13 years, Kim is a wealth of knowledge about the history of our organization. Her tenure grants her the title of second longest-serving team member. Here are some interesting … Continue reading Meet the Team, Staff Spotlight: Kim Hill
Recap: Call to Justice Awards 2018 Honors Elizabeth Zeldes
By Ron Tatro, Vice President On August 29, 2018, Elder Law of Michigan honored Elizabeth Zeldes, a Kent County Certified Public Accountant, for her efforts in working to support seniors through financial planning and services. The Joe D. Sutton Call To Justice Awards honor those that share the mission of Elder Law of Michigan to advocate for, educate, and assist those in need, with a continued focus on older adults and person with disabilities. Ron Tatro, … Continue reading Recap: Call to Justice Awards 2018 Honors Elizabeth Zeldes
Recap: Call to Justice Awards 2018 Honors Traci Ruiz
By Jay Tomic Bobas, J.D., Managing Hotline Attorney On August 15, 2018, Elder Law of Michigan honored Retired Lansing Police Department Lieutenant Traci Ruiz with the 2018 Joe D. Sutton Call to Justice Award for her elder abuse prevention work. The Joe D. Sutton Call to Justice Awards honor those that share the mission of Elder Law of Michigan, Inc. to advocate for, educate, and assist those in need, with a continued focus on older … Continue reading Recap: Call to Justice Awards 2018 Honors Traci Ruiz
Social Security Q&A Part 15
By: Vonda VanTil, Social Security Public Affairs Specialist Question: Will my disability benefits be reduced if I get workers’ compensation or other public disability benefits? Answer: If you get either workers’ compensation or public disability benefit payments, we may reduce Social Security benefits for you and your family. Public disability benefit payments paid under a federal, state, or local government law may affect your Social Security … Continue reading Social Security Q&A Part 15
Recap: Call to Justice Awards 2018 Honors Karla Fales
By Ron Tatro, Vice President On August 29, 2018, Elder Law of Michigan honored Karla Fales, CEO of CareWell Services Southwest, Area Agency on Aging, for her contributions in working to support and protect seniors in Calhoun and Barry County. The Joe D. Sutton Call To Justice Awards honor those that share the mission of Elder Law of Michigan to advocate for, educate, and assist those in need, with a continued focus … Continue reading Recap: Call to Justice Awards 2018 Honors Karla Fales
(Mid-America Pension Rights Project): Consumer group urges special congressional committee to develop solution to multiemployer pension crisis
Via Pension Rights Center By Emily Gilbert As a result of a misguided law passed in 2014 to ostensibly “save” pension plans, the Treasury Department announced last week that it has provisionally approved an eighth application from a multiemployer pension plan seeking to slash the benefits of vulnerable retirees as a way of balancing its books. The Teamsters Local 805 plan headquartered in New York – … Continue reading (Mid-America Pension Rights Project): Consumer group urges special congressional committee to develop solution to multiemployer pension crisis
Meet the Team, Staff Spotlight: Ron Tatro
By Jennifer Blanck, MiCAFE Network Coordinator Ron Tatro wears many hats at Elder Law of Michigan. He joined the team over 10 years ago. He is the Vice President of Elder Law of Michigan and Director of the Michigan Elder Justice Coordinating Council (MIEJCC). During his time at Elder Law of Michigan, his favorite project has been working on Elder Abuse Prevention activities and his proudest moment at Elder Law of Michigan … Continue reading Meet the Team, Staff Spotlight: Ron Tatro