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Pension News

News on Pension continually updated from thousands of sources around the net.

3 hrs ago | The Miami Herald

House panel advances governor's pension plan

It's not clear whether that's the plan lawmakers ultimately decide to go with. The Senate Finance Committee is also studying the issue.

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Related Topix: Personal Finance

3 hrs ago | Daily Mail

James Coney: Insurers launch a personal attack on pensions reforms...

'Everyone will be offered free, impartial face-to-face advice.' Those were the words of the Chancellor in this year's Budget as he unveiled reforms on how we can take our pensions.

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Related Topix: Personal Finance, Retirement, Marketing

5 hrs ago | Vancouver Sun

Don Cayo: Taxpayers on the hook for massive federal pension gap

A lunar eclipse took place Tuesday. The entire event was to be visible from North and South America, but sky watchers in northern and eastern Europe, eastern Africa, the Middle East and Central Asia were out of luck, according to US space agency NASA.

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Related Topix: North America, Canada, World News, Opinion

6 hrs ago | MarketWatch

Detroit pension deal for cops, firefighters

Negotiators representing about 6,500 retired Detroit police and fire-fighters reached a deal with the city's government that would spare them from any reductions in their pension checks, mediators announced today.

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Related Topix: Economics News, Bankruptcy, MarketWatch, Startups

7 hrs ago | WATE-TV Knoxville

Albanian arrested for alleged Syria recruitment

The city of Detroit has reached a deal with retired police officers and firefighters that would preserve current pensions but trim annual cost-of-living payments - the first major agreement with retirees in the bankruptcy... Kansas prosecutors have filed state-level murder charges against the white supremacist accused in a shooting spree that left ... (more)

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Related Topix: Personal Finance

7 hrs ago | WSET-TV Lynchburg

Supremacist faces murder charges in Kansas deaths

Authorities say they are looking for more suspects in the abduction of a North Carolina prosecutor's father last week.

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Related Topix: Violent Crime, Personal Finance, Overland Park, KS

7 hrs ago | West Virginia Metro

Public retirees protest pension descrimination

A handful of West Virginia retired public employees and retired teachers protested on tax return deadline day at the state Capitol Tuesday.

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Related Topix: Personal Finance, Social Security

11 hrs ago | Detroit News

Retired Detroit police, firefighters reach bankruptcy deal; pensions would not be cut

Retired Detroit police and firefighters would get no cut in their pension and a smaller annual cost-of-living increase under a new deal their retiree association approved Tuesday.

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Related Topix: Personal Finance, Economics News, Bankruptcy, Retirement, Sterling Heights, MI

14 hrs ago | NEWS.com.au

Shooting victim may know offenders

THINK it's unfair to work until 70 while our pollies pocket six-figure pensions? You'll be gobsmacked to find out how much more they'll retire on than you.

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Related Topix: Personal Finance

18 hrs ago | The Detroit News

Detroit closes in on pension fund deal

Detroit missed a self-imposed deadline to file an amended debt-cutting plan Monday night as creditors raced to make last-minute deals to get them included in a 600-page reorganization document that will be debated in court Thursday.

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Related Topix: Personal Finance, Economics News, Bankruptcy, Detroit, MI, Retirement, IGN Entertainment

Mon Apr 14, 2014

Go Local

Rhode Island Pension Reform Showdown

With a September trial date for Rhode Island's pension reform lawsuit looming just months away following failed mediation efforts, GoLocal talked with leaders in the state for their views on what now is the best case -- or worst case -- scenario.

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Related Topix: Personal Finance, US Politics, US News, US Senate, Republican, Lincoln Chafee, US Governors, Retirement, Cranston, RI

Go Local

Michael Riley: Rhode Island's Potential Pension Nightmare

Rhode Island's widely heralded innovation, the Pension Reform Act of 2011, now appears to be in danger, to be tested in court.

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Related Topix: Personal Finance

The Age

Take age pension plan to election: Nats MP

A federal government MP has spoken out against plans to raise the retirement age to 70, saying it would break an election promise.

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Related Topix: Personal Finance

ABC 27

Elmo accuser gets prison time for pension theft

The Harrisburg man who sued the former puppeteer of the "Sesame Street" character Elmo over an alleged sexual relationship will spend time in county prison for stealing money from two state retirees.

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Related Topix: Harrisburg, PA, Kevin Clash, Personal Finance

Chicago Tribune

Rauner would veto Chicago pension bill

Republican candidate Bruce Rauner said today that if he were governor, he would veto legislation lawmakers sent to Gov. Pat Quinn last week that would cut pension benefits for some city workers and allow aldermen to raise property taxes to shore up the retirement program.

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Related Topix: Personal Finance, Pat Quinn, US Governors, Tax

Belleville News Democrat

IMRF eliminates pension benefits for ESL election commissioners, some attorneys

Nine attorneys working for St. Clair County along with three members of the East St. Louis Election Commission no longer will receive taxpayer- funded retirement benefits following the results of an audit by the Illinois Municipal Retirement Fund.

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Related Topix: Personal Finance, Retirement, St Clair County, IL, East St. Louis, IL

St. Cloud Times

Bachmann eligible for pension in 2018Bachmann eligible for pension in ...

Bachmann eligible for pension in 2018 on sctimes.com: http://www.sctimes.com/story/news/asksctimes/2014/04/14/bachmann-eligible-pension/7694657/ Question: Will U.S. Rep. Michele Bachmann receive a pension when she leaves the House of Representatives after her fourth two-year term? Members of Congress are eligible for pension plans.

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Related Topix: Personal Finance, US Politics, Representative Michele Bachmann, US News, Republican, US House of Representatives, Social Security

Daily Mail

Fears of an advice 'black hole' when pension freedom kicks in

Savers looking to stretch their pension pots throughout retirement may well be priced out of getting the help they need because of the cost of advice, at the same time as they shun annuities which guarantee income for life.

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Related Topix: Personal Finance

Northern Territory News

Work, work and more work

Treasurer Joe Hockey has given a strong indication the pension age will be increased, as the Abbott Government looks to begin the budget repair job next month.

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Related Topix: Personal Finance

Sun Apr 13, 2014

Sydney Morning Herald

How much should we pay for super?

It's often said we pay a lot for superannuation. But how much? Well, research firm Rainmaker estimates Australians paid $18.6 billion in fees for their retirement savings to be managed last financial year.

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Related Topix: Australia, Oceania, World News, Personal Finance, Retirement

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