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Recent Articles From John Iekel

John Iekel

John Iekel

John Iekel

By John Iekel3/12/2015 • 0 Comments

Most states are making a good faith effort to meet their annual required contributions to their state pension systems, concludes the National Association of State Retirement in a recent study.

By John Iekel3/11/2015 • 0 Comments

Michigan’s state employee retirement plan could be paying out a sizable chunk more in benefits four years from now.

By John Iekel3/9/2015 • 0 Comments

Floridians who take loans against their retirement plans have to pay a state tax on those distributions. But the Florida House of Representatives is considering a bill that could affect that tax treatment.

By John Iekel3/9/2015 • 0 Comments

Identical bills before both chambers of the Iowa legislature would end state taxation of pensions and other forms of retirement income — but only through 2020.

By John Iekel3/5/2015 • 0 Comments

The New Jersey Pension and Health Benefits Study Commission has issued its findings and proposals for how the Garden State can address its seemingly intractable state pension funding problems.

By John Iekel3/5/2015 • 0 Comments

Legislation before the California Assembly would enhance information provided to participants in the California State Teachers’ Retirement System.

By John Iekel2/17/2015 • 0 Comments

A bill that would create a self-managed DC plan as alternative to the DB plan that currently serves Illinois public school teachers is before the Illinois House.

By John Iekel2/17/2015 • 0 Comments

The Virginia House of Delegates on Feb. 6 passed a measure that would allow school districts to establish and administer their own 403(b) plans, and also would allow voluntary and matching contributions under the Commonwealth’s DC plan to be directed to those locally adopted 403(b) plans.

By John Iekel2/4/2015 • 0 Comments

The Kentucky House of Representatives currently has legislation before it that, if enacted, would make the Bluegrass State the second to have a state-run IRA program in place.

By John Iekel2/4/2015 • 0 Comments

There is an inverse relationship between the generosity of a local government defined benefit plan and its employees’ contributions to a supplemental retirement plan, according to a study by the Center for State and Local Governmental Excellence.

By John Iekel2/3/2015 • 0 Comments

“Get to work” is essentially the message of the Florida Department of Management Services to 19 local pension plans in the Sunshine State.

By John Iekel2/2/2015 • 0 Comments

Recent discussions in disparate parts of Wisconsin illustrate well how widespread the problems concerning public pension funding and benefits are.

By John Iekel1/26/2015 • 0 Comments

State and local retirement plans will be able to cover qualifying public charter school employees without adverse consequences if regulations the IRS proposed on Jan. 23 are adopted.

By John Iekel1/13/2015 • 0 Comments

Overall, 75% of the states have passing grades regarding their public pension plans in the Urban Institute’s latest rating of public pension plans in all 50 states; still, it also draws attention to plenty of red flags.

By John Iekel1/6/2015 • 0 Comments

New Jersey Gov. Chris Christie (R) and State Senate President Steve Sweeney (D-West Deptford) agree that the state's public pension system needs to be fixed. But implementation of steps to get there is another matter.

By John Iekel1/5/2015 • 0 Comments

Illinois has become the first state to put in place a state-run retirement plan in which private-sector employees can participate. Gov. Pat Quinn (D) on Jan. 4 signed into law SB2758, the measure that creates the Illinois Secure Choice Savings Program.

By John Iekel12/30/2014 • 0 Comments

The Pennsylvania Employee Retirement Commission’s recently issued report has some good news for Pennsylvania public pension plans, but also shows that there is more work to do.

By John Iekel12/30/2014 • 0 Comments

California State Teachers’ Retirement System (CalSTRS) is in trouble, but the measure state of California enacted to restore CalSTRS to health is a bitter pill for some school districts.

By John Iekel12/30/2014 • 0 Comments

Six California superior court judges have filed suit against the state of California, State Controller John Chiang, the Judicial Council and the California Public Employees Retirement System (CalPERS) over the application of a state pension reform act to them.

By John Iekel12/29/2014 • 0 Comments

All disbursements from a retirement plan scheduled to be made at the same time are treated as a single distribution even if they are sent to multiple destinations, under a new rule that becomes mandatory as 2015 dawns.

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