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Pension News

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

1 hr ago | Evesham Journal

Firefighter strikes loom in public sector pension war

Firefighters in the city will join colleagues across England, Scotland and Wales in further industrial action, the Fire Brigades Union has announced.

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Related Topix: Personal Finance, Fire

1 hr ago | The Age

Hockey to cut $300 billion to reach target

The Abbott government would have to take $300 billion out of Commonwealth spending over the next ten years in order to achieve its target surplus of 1 per cent of GDP in 2023-24, analysis of figures released by Joe Hockey shows.

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Related Topix: Personal Finance, Social Security

3 hrs ago | Echo-news.co.uk

Firefighters in Essex will strike for three days in May as part of an ongoing row over pensions.

The Fire Bridges Union has announced a series of strikes taking place between May 2 and May 5, nationwide.

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Related Topix: Personal Finance

4 hrs ago | DNAinfo.com

New Rules Mean Less Pension Money for Officer Who Survived Arson Fire

The NYPD officer critically injured in a fire that claimed her partner's life will receive a reduced disability pension if she cannot return to work, DNAinfo New York has learned.

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Related Topix: Personal Finance, Fire, Social Security, New York, NY, Coney Island, NY

5 hrs ago | The Detroit News

Detroit plan to recoup $239M paid to annuity accounts threatens some pensions

Nearly 4,800 retired Detroit workers facing baseline pension cuts of 4.5 percent could see their monthly retirement benefits dwindle even further -- with a handful of pensions being wiped out altogether -- under the city's latest debt-cutting plan.

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Related Topix: Personal Finance, Detroit, MI, Retirement

9 hrs ago | Western Telegraph

Haverfordwest businessmen slapped with huge fine over risky pension advice

TWO Haverfordwest financial advisers have been banned from working in the industry and fined more than A 400,000 for pushing clients into unsuitable pension deals.

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Related Topix: Personal Finance, Retirement

Wed Apr 23, 2014

Weyburn This Week

Ottawa to propose new pension scheme, but not budging on CPP expansion

Ottawa is preparing to announce a proposal to create yet another new pension scheme designed to occupy a middle ground between defined-benefit plans, generally favoured by workers, and defined-contribution plans favoured by employers.

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Related Topix: Personal Finance

Sunday Herald

Yes vote pension cost warning

PENSION costs in an independent Scotland would rise fivefold within 20 years because of an ageing population and the SNP Government's spending commitments, according to a new analysis paper.

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Related Topix: Personal Finance, Social Security

Edmonton Journal

Proposed pension reforms poisoning Alberta labour relations: critics

Alberta's opposition and union leaders say the provincial government continues poisoning labour relations by forging ahead with public sector pension reforms despite an outcry from workers and their representatives.

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Related Topix: Personal Finance, Alberta, MN

Minot Daily News

City pension still faces large ...

The City of Minot employees pension fund continues to carry a sizable unfunded liability as it moves toward eventual closure, according to the city's actuarial firm.

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Related Topix: Minot, ND

Detroit News

Missouri pension fund sues GM over ignition recall

A Missouri pension fund sued General Motors Co., its board of directors and its CEO over the handling of a recall of 2.6 million vehicles for ignition switch defects, contending it contributed to the sharp decline in the automaker's stock price.

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Related Topix: Personal Finance, Automakers, General Motors, Retirement

The Globe and Mail

Conservatives to propose new risk-sharing pension plans

Minister of State Kevin Sorenson speaks at the launch of "Talk With Our Kids About Money Day" at Immaculata High School April 15, 2014 in Ottawa.

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Related Topix: Personal Finance, Retirement, Canada

Iom Online

Isle of Man's pension issues in the spotlight

Taxes will not rise but the pension supplement, retirement age and means testing are all likely to come under scrutiny as the government battles to solve an impending pensions crisis.

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Related Topix: Personal Finance, Europe, World News, Isle of Man, Retirement, Social Security

WLUK-TV Green Bay

Wisconsin investment officer gets biggest bonus

Wisconsin Chief Investment Officer David Villa is receiving the largest bonus out of the $13.3 million being awarded the state's pension fund managers as a reward for strong investment returns.

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Related Topix: Personal Finance, Financial Services, State of Wisconsin Investment Board, Investment Services

The Hartford Courant

Boeing posts higher adjusted profit, lifts 2014 forecast

Rising jet production helped Boeing Co post a 14 percent rise in adjusted net profit in the first quarter, beating estimates, and the company notched up its full-year forecast.

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Related Topix: Commercial Aircraft, Boeing Aircraft, Aircraft, Boeing 787, Boeing 737, Personal Finance, Ansonia, CT

Chicago Tribune

Rauner draws City Hall rebuke over robocalls tied to pension bill

Bruce Rauner drew criticism from Mayor Rahm Emanuel's office today over the Republican governor candidate's criticism of a bill that would change pensions for some Chicago city workers and result in a likely property tax increase.

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Related Topix: Personal Finance, US Politics, US News, US House of Representatives, Democrat, Rahm Emanuel, Pat Quinn, US Governors

Tue Apr 22, 2014

Nanaimo Daily News

Some tax tips for couples

Perhaps unsurprisingly, a recent study from the Institute of Marriage and Family Canada has confirmed what most Canadians already know -- that there's a big economic advantage to being married.

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Related Topix: Wedding, Personal Finance, Retirement, Tax, Estate Planning

Free Republic

Sebelius stays on just long enough to get government benefits

When the embattled Kathleen Sebelius announced her intention to resign as secretary of Health and Human Services, she pledged to stay in President Barack Obama's cabinet until her replacement was confirmed by the Senate.

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Related Topix: Kathleen Sebelius, US Governors, US Politics, US News, Barack Obama, Personal Finance

Washington Times

Audit: SC pension agency doesn't overpay in fees

An auditing firm says the agency investing South Carolina's pension portfolio doesn't overpay in investment fees but rather reports those fees more thoroughly than any other public pension fund in the nation.

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Related Topix: Personal Finance, Retirement

Detroit News

Schuette won't reveal next move in light of bankruptcy pension deal

Since shortly after Detroit filed for bankruptcy in July, Schuette has made pronouncements in public and court filings that he would defend Michigan's constitutional protection of pensions.

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Related Topix: Personal Finance, Economics News, Bankruptcy, Retirement, Rick Snyder, US Governors, US News, US Supreme Court

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