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Pension News

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

2 min ago | Myrtle Beach Online

Q&A: Vanguard founder sees retirement system as broken, but curable

Few American business leaders are as connected to the concepts of saving and long-term investing as John C. Bogle, founder of the Vanguard Group.

Comment?

Related Topix: Personal Finance, Retirement, Social Security, Business News

4 hrs ago | Mirror.co.uk

Pensions: Cost of retirement on the rise according to Office for National Statistics data

Data from the Office for National Statistics shows that the amount of money a man of 65 needs to obtain a retirement income of A 5,000 per year has increased by a whopping 29% in the last three years.

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Related Topix: Personal Finance, Retirement

5 hrs ago | The Providence Journal

Block Island's state nurse retires at age 86, after over five decades in post

A milestone worth noting: After more than 54 years nursing her fellow Block Islanders back to health, Mary Donnelly has retired.

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Related Topix: Block Island, RI, Personal Finance

9 hrs ago | Detroit News

Clean up Detroit pension fund

Detroit's pension assets are a big, inviting honey pot. And a lot of folks lately have put their hands in the honey jar.

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Related Topix: Detroit, MI, Opinion

Sun May 19, 2013

Sacramento Bee Newspaper

Editorial: UC must resolve wide pay gap at heart of dispute

Thirteen thousand patient-care technical workers plan a two-day strike of the five UC Medical Centers – Davis, Los Angeles, San Francisco, Irvine and San Diego – starting Tuesday.

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Related Topix: Personal Finance, Retirement, Opinion

Daily Herald

State workers anxious as lawmakers debate pensions

An Illinois agency manager might have to delay retirement. A former university secretary wonders if she'll have to cancel vacations.

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Related Topix: Personal Finance, Retirement, Illinois, Illinois Government

This Is Money

Pension liberators need to go to jail wipe out retirement savings

Like all successful financial scams, 'pension liberation' schemes seem attractive, giving you access to retirement funds before 55, the usual age at which they can be turned into income for life.

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Related Topix: Personal Finance, Retirement, Home, Mortgage

Daily Herald

Fire chief's pension, sick pay outrageous

I would think every taxpayer who doesn't work for the government would be outraged over the obscene $95,640 per year pension the ex-Carpentersville fire chief who retired under a cloud of suspicion is receiving.

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Related Topix: Personal Finance, Carpentersville, IL

The Guardian

Let me go with my headphones on | Jenni Murray

Oh good grief, I thought, when I read the research on retirement and health - it's a conspiracy! How clever of a government that's so strapped for cash to find a way of sweetening the pill of an ever-rising retirement age .

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Related Topix: Personal Finance, Life, Hobbies, Conspiracy Theory

Detroit Free Press

Stocks surge buoys pension plans, may help restore cuts to services

Public pension plans in Michigan - hammered by stock market declines in the poor economy and mismanagement in some cases - are now seeing their investment portfolios growing at the best rate in years.

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Related Topix: Personal Finance, Financial Markets, Michigan, Retirement

Sat May 18, 2013

Chicago Chronicle

Cullerton Madigan square off with competing pension reform plans

That trend line once again has legislators contemplating more cuts to social services and education despite a major state income tax increase in 2011.

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Related Topix: Personal Finance

Free Republic

Christie administration warns it might not make full pension payment in future years

Gov. Chris Christie has warned potential investors there is no guarantee the state will make its required pension payments in future years, an admission that underscores a looming financial crisis he and future governors face as retirement costs are expected to explode before the decade ends.

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Related Topix: Personal Finance, US Governors, Chris Christie, Retirement

Detroit News

Detroit EM weighs options after pension trustees go to Hawaii

Emergency Manager Kevyn Orr may place more safeguards to ensure Detroit's pension trustees are spending money wisely in the wake of a scheduled trip by some trustees to a conference in Hawaii.

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Related Topix: Personal Finance, Retirement

Reuters

Investor group calls on SEC to review change in JPMorgan voting

Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase & Co cut off the bank's opponents from polling information.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Personal Finance

Pensions & Investments

2 CF Industries social proposals break record for support

Two pension funds separately won record-high support for shareholder social proposals at any company.

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Related Topix: Chemicals, CF Industries, Personal Finance, Retirement, Wisconsin

Fri May 17, 2013

St. Petersburg Times

LegislaturePension vote puts some House Republicans in awkward position

Florida House Republicans tried to close the state's pension system to new employees this year, saying it's a ticking time bomb that could cripple the state's budget for years to come.

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Related Topix: Personal Finance, US News, Dover, FL, Florida, Retirement

The Daily Breeze

Scott Burns: Public pensions are nice deals if they can be delivered

Q: I am facing a difficult retirement funding decision. I am a 52-year-old municipal employee.

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Related Topix: Personal Finance, Retirement, Austin, TX

The Columbus Dispatch

Hawaii-trip controversy stokes calls for more pension-system oversight

Months of controversy over pension board members' plan to attend a Hawaii conference have resulted in calls for more oversight of the state's pension funds.

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Related Topix: Personal Finance, Retirement, Columbus, OH

Global Voices Online

Bolivian Workers Protest Seeking Better Pensions

Tension is growing in Bolivia as miners, teachers, health service workers and public university staff -all affiliated to the Central Workers Union - are on strike demanding an increase in their retirement pension scheme.

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Related Topix: Personal Finance, South America, Bolivia, Retirement

Folio Weekly

The Police & Fire Pension Fund continues to work in secret - just the way they like it.

Did we see you at the North Beaches Art Walk last night? Check out The Eye. t.co/IT4bPnWJLH Retweet this "I remember thinking, 'wow, you're ridiculously good looking.'" Authorities thought this about these guys.

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Related Topix: Personal Finance, Fire, Jacksonville, FL, Avondale (Jacksonville, FL), Retirement