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Pension News

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

2 hrs ago | The Winnipeg Free Press

Yikes! They want to make pensions fit future pensioners

I am part of the "lump of labour" that critics say would be created if the eligibility for the old age pension is raised from 65 years old to 67.

Comment?

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

Sat Feb 11, 2012

Connecticut Post

Westport to end pensions for non-union workers

Following a Representative Town Meeting vote on Tuesday, Feb. 7, 2012, new non-union town employees will no longer be eligible for pensions and other retirement benefits.

Comment?

Related Topix: Personal Finance, Westport, CT, Law, Employment / Labor Law

Daily Herald

Pension reform divides Ramey, Pankau in 23rd

The complex and politically tricky issue of pension reform is a divisive topic for the two Republican candidates seeking their party's nomination for the 23rd District state Senate seat.

Comment?

Related Topix: Personal Finance, Social Security, Carol Stream, IL, Itasca, IL

NOLA.com

Gov. Bobby Jindal's proposed state-pension changes hit close to home for one lawmaker

Rep. James Armes III has been asking hard questions about Gov. Bobby Jindal's proposal to overhaul the state pension system .

Comment?

Related Topix: Personal Finance

Patch.com

Sound Off: Weekly Recap

Here's the scoop on what readers were debating on Patch this week. You can click the links to the particular Sound Off to leave a comment on a topic.

Comment?

Related Topix: Personal Finance, Andrew Cuomo, US Governors

This Is Money

Danny Alexander: Strip wealthy of tax-relief on their pensions

Wealthy savers will be stripped of higher-rate tax relief on pensions under Liberal Democrat plans that could be included in next month's budget.

Comment?

Related Topix: Personal Finance

NBC Bay Area

City Manager Fires Back on Pension Costs

The City of San Jose is pushing back after an NBC Bay Area investigation revealed some officials haven?t been straight forward when it comes to future retirement costs.

Comment?

Related Topix: Personal Finance, San Jose, CA

Fri Feb 10, 2012

Morning News

SC charter schools worry proposal could hurt pensions

Charter school advocates worry that a proposed federal rule could force South Carolina and other states to dump charter school employees from state retirement systems.

Comment?

Related Topix: Personal Finance

Reuters

UPDATE 1-Canada says pension changes unlikely before 2020-25

Changes to Canada's Old Age Security pension program are years away and could be brought in as late as 2025, Finance Minister Jim Flaherty said on Friday, trying to allay fears of imminent cuts to programs for seniors.

Comment?

Related Topix: North America, Canada, World News, Personal Finance, Stephen Harper

WIBW-TV Topeka

Kansas Teachers Deliver Pension Petitions To Capitol

Teachers from Kansas City-area school districts have delivered petitions on pension issues signed by more than 6,400 school employees to the Statehouse.

Comment?

Related Topix: US Politics, Sam Brownback, US News, US Senate, Republican, Personal Finance, Education Etc., Topeka, KS, Johnson County, KS

Daily Mail

BoE's quantitative easing to make million of pensioners 'permanently...

More than a million pensioners will be 'permanently poorer' after the Bank of England flooded Britain's ailing economy with 50 billion of emergency funds, it was claimed today.

Comment?

Related Topix: Personal Finance, Retirement

This Is Money

Pensions industry admits high charges and murky annuities cut 25% off old age incomes

Stinging charges and a murky retirement industry are scratching up to 25 per cent off the value of old age incomes, the body in charge of pension funds has admitted.

Comment?

Related Topix: Personal Finance, Retirement

This Is Money

Retire? Not until your 70s: No. 10 pension adviser warns we will all work longer than our parents

Lord Hutton of Furness, who is the pensions tsar, urged people to stop assuming they will retire by 65 like their parents and grandparents.

Comment?

Related Topix: Personal Finance

Thu Feb 09, 2012

San Jose Mercury News

Amid pension cut fury, San Jose Mayor sounds hopeful

Dan Reyes, center, an instrumentation and control technician for the City of San Jose protests with fellow city employees before Mayor Chuck Reed's state-of-the-city address on Thursday, Feb.

Comment?

Related Topix: Personal Finance, San Jose, CA, Science / Technology

Inside Bay Area

Are Democrats in Sacramento off the hook on pension reform?

The decision by a conservative group to drop its pension reform initiatives could mean that Democrats are off the hook for making substantial changes to California's pension system.

2 comments

Related Topix: Personal Finance, US News, California, California Government, Jerry Brown, US Governors, Social Security

WWMT-TV Kalamazoo

Details of Gov. Rick Snyder's latest budget plan

Highlights of Michigan Gov. Rick Snyder's $48.2 billion budget proposal for the fiscal year that starts in October: - K-12 schools would receive a 1 percent funding increase compared to the money actually received in the current budget plan.

Comment?

Related Topix: Rick Snyder, US Governors, Michigan, Michigan Government, Education Etc., Healthcare Law, Law

Bakersfield.com

County pension bill to grow by $11 million

Kern County's annual pension debt to the Kern County Employees' Retirement Association will climb by $11.3 million to a grand total of $210 million in the fiscal year that starts in July.

Comment?

Related Topix: Personal Finance, Retirement

The Independent

Unite warns of new pension strike

Imagine for a moment that, for whatever reason, you find yourself to be in possession of a case of m... The Government is facing the threat of renewed strike action over its controversial pension reforms after the country's biggest trade union said tonight that fresh action is a "real possibility". Unite said it planned to ballot its 100,000 in the ... (more)

Comment?

Related Topix: Personal Finance

NBC Bay Area

Guessing Pensions

The NBC Bay Area Investigative Unit obtained internal emails, memos and documents which reveal city leaders have not been straightforward when it comes to projected retirement pension costs for San Jose.

Comment?

Related Topix: Personal Finance, San Jose, CA

BusinessWeek

Asia 1.25 Billion Over 60 by 2050 Shows Why Bonds Beat Stocks

With Asia's elderly population poised to double within four decades, more money is being plowed into preserving wealth than enhancing growth, driving up demand for the region's bonds that are beating returns on stocks.

Comment?

Related Topix: Financial Markets, Family, Elderly (Senior Citizen), World News, Japan, Personal Finance, Retirement, South Korea,

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