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The Benefits of Stable Value Funds for Plan Participants Stable value is touted as helping near-retirees manage sequence risk, should they have the misfortune of retiring into a downturn, but these investments offer advantages for participants of all ages. Reported by If plan sponsors are looking for reassurance that stable value investments are beneficial to retirement plan participants, they need look no further than the Stable Value Investment Association (SVIA)’s fourth quarter 2020 survey, which found that assets in these vehicles rose 12% throughout the year to $906 billion, to now co...

A Scranton woman well-known in local Democratic politics and with plenty of managerial experience sounds like she wants the job of collecting the city’s taxes. Cathy Nealon Wechsler, 60, said Friday she’s “pretty sure” she will run for tax collector in 2021. The job will come open after next year because the law bars Tax Collector Bill Fox from seeking a third four-year term. Wechsler could have company on the Democratic ballot. City Councilman This could get interesting. When Donahue won his council seat four years ago, he made it through a six-candidate Democratic conte...

Portnoff Law Associates officials outlined how the firm would collect delinquent Scranton trash fees during a Tuesday caucus with city council. But council President Bill Gaughan said he won’t support a contract with Portnoff or any other vendor unless the city develops a plan to offer a one-time grace period where residents could pay the face value of their delinquent refuse bills free of interest or penalties. Portnoff, of King of Prussia, was one of five firms that responded to a city request for proposals for the collection of delinquent Scranton trash fees for tax years 2002 to 2020...