Category: News

FHWA Gives $25 Million to Texas Relief

Secretary of Transportation Elaine Chao announced Aug. 29 that the Federal Highway Administration will make $25 million in emergency relief funds available to Texas in order to repair some of the damage wrought by Hurricane Harvey.

About 114 Multiemployer Pensions in Deep Trouble

About 114 multiemployer pensions covering more than 1 million workers are due to run out of money within the next two decades, but the overall state of the system is healthy, according to reports from two actuarial consulting firms.