US - Education & the Workforce Committee Chairman John Boehner (R-OH) has accused Democrats of ‘partisan politics' and standing on the sidelines on the issue of pension reform.
Boehner made these statements after Nancy Pelosi, House Democrat leader, had earlier urged the House to “start from scratch” on pension reform legislation.
Boehner said: “We have worked over the last several years to craft comprehensive pension reforms and build a broad coalition of support for it, and House Democrat leaders seemed perfectly content to stand on the sidelines.
“Now, as we finally approach the goal line, the Democrat leadership finally wants to take the field and then punt on this issue? Americans whose retirement security is at risk because of broken pension laws don’t have time for this type of partisan politics.” Boehner also criticised Democrats for not offering a pension reform plan of their own. “For more than two years, House Democrat leaders have provided workers and retirees with nothing but irresponsible rhetoric and empty promises,” he said.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.