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Pension News

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

3 hrs ago | WGN-TV Chicago

Glitch stops CPS pension checks

Chicago Teachers' Pension Fund president Jay Rehak said "human error" caused the problem that prevented the August 1 payment from hitting retirees' bank accounts by direct deposit.

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7 hrs ago | National Public Radio

Some Public Pension Funds Making Big Bets On Hedge Funds

Hedge funds are often secretive investment firms led by supposedly super-smart fund managers.

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Related Topix: Personal Finance, Retirement

7 hrs ago | Inside Bay Area

Guest commentary: Paper misleading public about sanitary district pensions

Daniel Borenstein's "Sanitary district workers collecting more in retirement than on the job" , like his prior columns attacking public employees, again fails to tell the whole story.

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Related Topix: Personal Finance, Opinion

8 hrs ago | Reuters

N.J. Governor Christie creates public pension study commission

New Jersey Governor Chris Christie on Friday created a panel to recommend reforms to the state's pension and health benefits for retired public employees.

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

9 hrs ago | Tri-cityherald.com

FairPoint contract expires this weekend

Union workers are unhappy with proposed changes to health and retirement benefits, as well as changes aimed at allowing greater use of nonunion workers.

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Related Topix: FairPoint Communications, Telecom, International Brotherhood of Electrical Workers (Electricians, Wiremen, and Linemen), Personal Finance

10 hrs ago | WTAQ-AM Green Bay

Chicago budget gap to shrink, but pension payment ...

Chicago said its budget deficit was on track to shrink to just below $300 million in 2015, but a state-mandated increase in pension payments would expand gaps in the future.

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Related Topix: Personal Finance, Weather, US Politics, US News, US House of Representatives, Democrat, Rahm Emanuel, Retirement

14 hrs ago | Dallas Morning News

Dallas Police & Fire Pension fund is bankrolling new South Side apartment and cinema projects

The 290-unit apartment community under construction at 1210 S. Lamar Street is being financed by American Bank of Texas and the Dallas Police & Fire Pension System.

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Related Topix: Dallas, TX, Retail, Sears, Wine, Drink

14 hrs ago | MacLeans

Serial killer Russell Williams could lose his military pension after all

The Canadian Forces didn't waste any time ridding itself of Russell Williams. As soon as the disgraced ex-colonel pleaded guilty, the military stripped him of all his medals, revoked his commission, and booted him from the air force on the grounds of "service misconduct"-the gravest breach possible.

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Related Topix: Personal Finance, North America, Canada, World News, US Military, US Air Force,

14 hrs ago | News Shopper

Firefighters set for fresh strikes - after man died in Bromley house fire during last strikes

Tom Challice, 90, died at his home in Lancaster Close, near Bromley South station, at around 7am on July 16, despite the desperate attempts of neighbours to save him.

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Related Topix: Personal Finance

17 hrs ago | Sunday Herald

50,000 Scots lose A 90m under UK pensions changes

TENS of thousands of older Scots who have saved for their retirement have lost out under a UK Government pensions cut, figures show.

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Related Topix: Personal Finance

Thu Jul 31, 2014

Chicago Tribune

City's day of reckoning over pensions delayed

Mayor Rahm Emanuel answers questions from the press after the Chicago City Council meeting on Wednesday.

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Related Topix: Personal Finance, US Politics, US News, US House of Representatives, Democrat, Rahm Emanuel, Retirement, Chicago, IL

Pittsburgh Post-Gazette

Bonds could save state's pension problem, but come with a risk

As Pennsylvania politicians continue to grapple with rising retirement costs, they can add to their consideration a new analysis suggesting pension obligation bonds could save the state money but would carry risk.

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Related Topix: Personal Finance, US Governors, Tom Corbett

Government Executive

Bill Would Repeal Recent Pension Contribution Hikes

A new bill would walk back retirement pension contribution hikes for new federal employees, approved by Congress in recent years to address deficit concerns.

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Related Topix: Personal Finance, Representative Donna Edwards, US House of Representatives, US Politics, Democrat, US News

Halifax Courier

Firefighter union announces more strike action

The strikes over the Government's planned pension reforms, will take place for from Saturday, August 9, to Saturday, August 16. Members will not work from 12pm to 2pm and 10.59pm to 11.59pm.

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Related Topix: Personal Finance, Fire

Keighleynews.co.uk

KEIGHLEY firefighters are due to walk out again in an ongoing dispute over planned pension changes.

Members will walk out between noon and 2pm and for an hour from10.59pm every day, from Saturday August 9 until the following weekend.

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Related Topix: Personal Finance

Northwich Guardian

Cheshire Fire and Rescue Service fire engine

FIREFIGHTERS have this week issued a further eight day period of strike action for next month after revealing the government had not improved their pension proposals.

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Related Topix: Personal Finance

Local TV Station KTVZ

Oregon public pension finances looking better

A report on Oregon's public pension system says curbing retiree benefits and higher-than-expected investment returns have eased the pressure on rates that governments pay.

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Related Topix: Oregon, Personal Finance

Wed Jul 30, 2014

Albany Times Union

Editorial: Private OT and

In exchange for carrying out dangerous and absolutely necessary service to society, police officers deserve every penny of their public pensions.

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Related Topix: Personal Finance, Retirement, Colonie, NY, Troy, NY, Schenectady, NY, Opinion

Asbury Park Press

Christie in Belmar: Pension promises can't be kept

Christie in Belmar: Pension promises can't be kept The governor took questions from the crowd Wednesday Check out this story on app.com: http://on.app.com/1n4umJM Governor Chris Christie talks to crowd at the Huisman Gazebo in Belmar during town hall meeting.

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Related Topix: Personal Finance, Belmar, NJ, Chris Christie, US Governors, Shark River Hills, NJ, Neptune, NJ

Globe and Mail

Don't count on a pension to stay afloat in retirement

It's not enough to just put money away for retirement, Rob Carrick writes. You also have to find out what kind of income your current savings regimen will buy when you retire.

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Related Topix: Personal Finance, Retirement

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