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"Michigan's constitution was supposed to protect pensions.
A NEW system to protect pensions in final-salary schemes started in April.
But bondholders objected to Stockton's effort to protect pensions while forcing losses on investors.
"The rules to protect pensions have been carefully worked out over many years.
We'll protect pensions and put C.E.O.'s who lie in jail.
- The government agreed to protect pensions for workers moving from one employer to another.
Similar(29)
Lawmakers see approval of new rules to protect pension and an energy plan as other priorities.
Mourdock, who called this his "Rosa Parks moment," said he was doing it to help protect pension fund investments.
Mr. Sununu said those who supported the regulation to protect pension funds were engaged in "fear mongering".
It is insisted that the purpose of the statute is to protect pension money only, and that until pension money is received the agent or attorney is not within the reach of the statute.
The so-called lump-sum distributions are popular, but American suspended them when it declared bankruptcy, to comply with a law enacted in 2006 to protect pension plans from sudden losses.
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