News on Pension continually updated from thousands of sources around the net.
3 hrs ago | Weyburn This Week
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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4 hrs ago | Sunday Herald
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.
6 hrs ago | Edmonton Journal
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.
6 hrs ago | Minot Daily News
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.
6 hrs ago | Detroit News
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.
10 hrs ago | The Globe and Mail
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.
12 hrs ago | Iom Online
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.
16 hrs ago | WLUK-TV Green Bay
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.
20 hrs ago | The Hartford Courant
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.
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.
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.
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.
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.
Riverside County's unfunded pension liabilities are at $1.55 billion, but thanks to reforms enacted by the Board of Supervisors, closing that funding gap will be less onerous, according to a report that the board will review today.
In this Oct. 15, 2013 file photo, Chicago Mayor Rahm Emanuel speaks at a news conference in Chicago.
The mayor of Danville said by far the most important pension reform for local municipalities is with those dealing with police and fire departments, and he said it's important for lawmakers to address concerns in that area.
The average annual income drops by two-thirds upon retirement and the average person retires with an annual income almost a quarter less than the minimum wage, according to a major financial provider.