News on Pension continually updated from thousands of sources around the net.
44 min ago | The Fresno Bee
Two years ago, Gov. Jerry Brown and the Legislature agreed to a mild reform of public employee pensions aimed, they said, at reducing manipulation of the system and reducing long-term costs.
1 hr ago | Click2Houston
Mayor Annise Parker and City Attorney David Feldman will be releasing details of a proposed new Houston 2014 Firefighter Pension Plan.
5 hrs ago | CTV
Chris Ross of the Montreal firefighters' association said the retirement plan for his co-workers is 90 percent funded, while the Montreal police department's pension fund has 106 percent of the money it needs.
9 hrs ago | Las Cruces Sun-News
New Mexico's educational pension program reports that strong investment returns helped the retirement fund grow by more than $1 billion in the past year.
14 hrs ago | West Australian
Insurer Rothesay Life said on Thursday it has completed a 500 million pound buy-out of the Vestey Group's Western United group pension scheme.
While some refused to take a position, a few Quebec MNAs grudgingly conceded on Wednesday that they should be shouldering a larger part of their gold-plated pension plan.
The municipal pension plans of today were created in an era of sustained stock market growth, higher interest rates and shorter lifespans.
California Governor Jerry Brown decried a move by the state's giant public pension fund on Wednesday to include temporary pay hikes in the way pensions are calculated for newly hired workers.
The rise of self-employed workers risks a 'pension ticking time bomb' for blue collar workers, a union has warned.
Union leaders called for calm Wednesday as hundreds of municipal employees took to the streets of Montreal and Quebec City to protest against proposed pension reforms.
Mike Yack has left the workforce twice in the last eight years and calls himself retired, yet at age 62 the former General Motors employee does not consider his working life over.
Take, for example, Greenfield Central Junior High. This year, the principal and nine of the 40 teachers are new to the school.
Pension policy can be insidious. Seemingly small benefit changes turn costly over time.
The Knoxville City Council approved the first reading of a charter amendment proposal that could give a retiree the choice to receive his pension in one-lump sum.
The good news for the town of Fortville is they are all caught up with back payments owed to the state's pension program.
The committee of the California Public Employees' Retirement System board voted 6-2 in favor of adding nearly 100 types of supplemental pay that can be used for calculating pension benefits for public employees hired after Jan. 1, 2013.
This is worse than we feared. The Dallas Police and Fire Pension Fund had already warned members to expect less than the predicted 13 percent return the system's management hoped for in 2013.
Updated: Thu Aug 21, 2014 05:33 pm
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