CBS MarketWatch has this: “Senate votes to block overtime regs.” According to the article:
The chamber voted 52-47 to amend an unrelated corporate tax bill with language that would bar the Labor Department from implementing controversial new overtime rules finalized last month. The new rules would have made some white-collar workers potentially ineligible for overtime pay while expanding overtime eligibility to 1.3 million lower-income workers.
Also, from Reuters via Forbes.com–“U.S. Senate votes to block new overtime rules“:
[F]or the amendment to become law, the Republican-led U.S. House of Representatives would have to agree, and that was far from a certainty.
Finally, this press release from the Employee Benefits Research Institute: “New EBRI Research: Continuing Decline of Pension Plans Likely to Hit Younger Workers & Families the Hardest, Study Shows; ‘A Demographic Time Bomb is Ticking, and the Time to Act is Now.” According to the press release:
The EBRI report notes that between 1975, when the Employee Retirement Income Security Act (ERISA) became effective, and 2003, the number of private employer-sponsored DB pension plans declined from more than 100,000 to less than 31,000. In addition, a number of recent studies have been documenting the continuing decline of pension plans in the United States.
(There is plenty of irony in that statement.)