(Mid-America Pension Rights Project) Michigan Sheet Metal Workers Pension Applies for Benefits Cuts

Via AI-CIO By Michael Katz The trustees of the Sheet Metal Workers Pension Fund of Troy, Michigan, have reapplied for approval from the US Department of Treasury of a proposed suspension of benefits. The fund’s actuaries have estimated that as of May 1, 2019, the pension is only 40.6% funded, and is projected to become insolvent in the plan year beginning May 1, 2033. According … Continue reading (Mid-America Pension Rights Project) Michigan Sheet Metal Workers Pension Applies for Benefits Cuts

Elder Law of Michigan – Winter Holiday Closing

Elder Law of Michigan will be closed Friday, December 22, 2017 through Monday, January 1, 2018 for our staff to spend time with their families and friends during the holiday season. Happy Holidays! We will reopen our normal business hours on Tuesday, January 2, 2018. Continue reading Elder Law of Michigan – Winter Holiday Closing

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Help Available to Connect Michigan Veterans with Benefits

Via Public News Service By Mona Shand DETROIT – Michigan has one of the lowest percentages in the nation of military veterans taking advantage of the benefits they’re entitled to, but local advocates are working to change that as a way to thank the veterans for their service and sacrifice. AARP Michigan has teamed up with the Michigan Department of Military and Veterans Affairs and the … Continue reading Help Available to Connect Michigan Veterans with Benefits

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3 Things That Undermine Social Security Benefits

Via US News Money By Rebecca Lake Social Security is an important part of the retirement picture for millions of Americans, both young and old. According to a recent Gallup poll, 25 percent of Americans ages 18 to 29 and 43 percent of those ages 50 to 64 expect Social Security to be a major source of retirement income. Read the full article Continue reading 3 Things That Undermine Social Security Benefits

Lexington Could Owe Police, Fire Pension Funds Millions More

Via usnews.com LEXINGTON, Ky. (AP) — Kentucky‘s second-largest city could have to pay millions more to its police and fire pension fund. The Lexington Herald-Leader reports the Kentucky Supreme Court declined to hear an appeal from the city this week. That means a state Court of Appeals decision ordering the case back to the circuit court will stand. Fayette Circuit Judge Ernesto Scorsone must decide … Continue reading Lexington Could Owe Police, Fire Pension Funds Millions More

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Judge tells city to provide disability pension to ex-officer

Via Lexington Herald Leader By The Associated Press LINCOLN, NEB. – A judge has told Lincoln it must provide the disability pension a former police officer was previously denied. The Lincoln Journal Star reports that Judge Lori Maret agreed with Jonna Conlon, her attorney and her physicians that her back injuries made it impossible for Conlon to continue her career as an officer. Read the article … Continue reading Judge tells city to provide disability pension to ex-officer

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Michigan Governor Signs a Teacher Pension Plan that creates a new 401(k)-style defined contribution plan with an automatic employer contribution of 4% of the employee’s salary.

via plansponsor.com, by Rebecca Moore, PlanSponsor July 27, 2017 The signed bill modernizes the Michigan Public School Employees Retirement System (MSPERS), and increases the state’s share to defined contribution plans, while reducing the unfunded liabilities of the overall system. Read the full article. Continue reading Michigan Governor Signs a Teacher Pension Plan that creates a new 401(k)-style defined contribution plan with an automatic employer contribution of 4% of the employee’s salary.

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A Working Class Program that Works to Solve Your Pension Problems

by Sandra Wisnewski, J.D., Director of the Mid-America Pension Rights Project The Mid-America Pension Rights Project (MAPRP) assists clients with pension and 401(k) issues.  There are no age or income restrictions and there is never a charge for the services.  The MAPRP works to find answers and solutions to your pension-related problem.  Just ask Mr. M. Mr. M worked in a Zinc mine for nine years.  … Continue reading A Working Class Program that Works to Solve Your Pension Problems

Man smiling.

A Working Class Program that Works to Solve Your Pension Problems

by Sandra Wisnewski, J.D., Director of the Mid-America Pension Rights Project The Mid-America Pension Rights Project (MAPRP) assists clients with pension and 401(k) issues. There are no age or income restrictions. And there is never a charge for the services. MAPRP works to find answers and solutions to your pension-related problem. Just ask Mr. J. Mr. J worked for an exhaust company in the state where he … Continue reading A Working Class Program that Works to Solve Your Pension Problems

Senior woman smiling and holding a bouquet of tulips.

A Working Class Program that Works to Solve Your Pension Problems

by Sandra Wisnewski, J.D., Director of the Mid-America Pension Rights Project The Mid-America Pension Rights Project (MAPRP) assists clients with pension and 401(k) issues. There are no age or income restrictions and there is never a charge for our services. MAPRP works to find answers and solutions to your pension-related problems. Just ask Ms. R. Ms. R had been physically separated from her husband for many years, but they … Continue reading A Working Class Program that Works to Solve Your Pension Problems