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Pension News

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

31 min ago | New York Daily News

Feds go after disgraced NBA ref's pension payment

Federal prosecutors are going after disgraced referee Tim Donaghy's pension to satisfy the restitution he still owes the National Basketball Association for his betting scandal case.

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Related Topix: Personal Finance, IRA

1 hr ago | Business Journal

Kroger employees merge Dayton and Cincinnati union contracts

The Cincinnati and Dayton contracts have now merged, making transfers and promotions in the southwest Ohio region easier and providing more job and career choices for union members.

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Related Topix: Kroger, Retail, Grocery

5 hrs ago | Detroit News

Bankruptcy appeals canceled for public safety unions, pension funds; Syncora to proceed

A federal appeals court Tuesday canceled oral arguments for at least two public safety unions and the city's pension funds, which are trying to overturn the city's eligibility for bankruptcy and its ability to slash pensions.

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Related Topix: Economics News, Bankruptcy, Personal Finance, US News, Sixth Circuit Court of Appeals, Retirement

9 hrs ago | SFGate

San Jose's Democratic mayor backs Republican for state controller

"Ashley Swearengin and I have worked together as part of the Big Ten Mayors, a bipartisan group organized to focus on statewide issues impacting our residents and taxpayers," Reed said in a statement.

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Related Topix: Personal Finance, Retirement

Tue Jul 29, 2014

The Times-Picayune

Louisiana State Police pension scheme part of public pension scandal: James Varney

Even now, with all the reports and presumed embarrassment that would have accompanied them, people aren't doing the right thing on the State Police pension scandal .

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Related Topix: Personal Finance, Retirement, Opinion

The Windsor Star

New pension plan designed to increase standard of living for retirees

John Lindsey is photographed at his home in Windsor on Tuesday, July 29, 2014. Lindsey thinks CPP should be bumped up but disagrees with the Ontario government plan to start their own pension.

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

Crosscut.com

The Daily Troll: Superintendent roulette. Gas Works vandalism. Paying more for pensions?

A group of teenage vandals hit Seattle's most iconic park last night, leaving swarms of empty beer cans and graffiti in their wake.

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Related Topix: Personal Finance, Publishing, Media, Seattle Times, Medina, WA, Retirement

Asbury Park Press

Christie to talk pensions in BelmarChristie to talk pensions in...

The governor is hosting his second town hall meeting to drum up support for public employee pension changes.

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Related Topix: Personal Finance, Belmar, NJ, Chris Christie, US Governors, Asbury Park, NJ

JD Supra

Get ready for the new Ontario Retirement Pension Plan

Now that the 2014-2015 Ontario budget has been passed by the Ontario legislature, Ontario employers should think about how the new Ontario Retirement Pension Plan could affect them.

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Related Topix: Personal Finance

The Globe and Mail

Pension plans: Should I stay or should I go?

Facts & Arguments is a daily personal piece submitted by readers. Have a story to tell? See our guidelines at tgam.ca/essayguide .

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Related Topix: Personal Finance

Cybercast News Service

Economist: Social Security Is Insolvent, In Worse Shape Than Detroit's Pension FundsCNS

"And it's not bankrupt in 30 years, or 20 years, or 10 years. It's bankrupt today."

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Related Topix: Personal Finance, Social Security, Economics News, Bankruptcy, Retirement

The Independent

Pension scammers make off with nearly A 500m

Simon Read is Personal Finance Editor at The Independent. He edits the Saturday Your Money section as well as writing for the news and business pages of the Independent and i newspaper.

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Related Topix: Personal Finance, Retirement

Newmark's Door

"The Latest Public-Sector Pension Scandal"

The current system takes rich money managers, who ordinarily might be a voice for lower taxes and restrained government spending, and makes them beholden, for business, on public pension boards that sometimes include union officials.

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Related Topix: Personal Finance, Retirement

Daily Mail

Demand for annuities plummets 58% as pension freedom looms

Pension freedom reforms announced in the Budget have prompted a dramatic fall in retirees taking out annuities before the changes kick in next April, according to purchase records.

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Related Topix: Personal Finance

Mon Jul 28, 2014

News Observer

Five questions for financial gerontologist Cyndi Hutchins

As baby boomers ebb out of the workforce and into retirement, financial advisers are helping wind down their clients' careers by preparing them for soon-to-be-reduced incomes.

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Related Topix: University of Southern California, Long Term Care, Health, Social Security

Courier News

LETTER: Add it up, and pensions unsustainableLETTER: Add it up, and...

LETTER: Add it up, and pensions unsustainable Retirement compensation can be more costly to taxpayers than paying for work Check out this story on mycentraljersey.com: http://mycj.co/1mXbvQW A bill introduced by state Senate President Stephen M. Sweeney aims to reform police and fire disability pensions.

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Related Topix: Personal Finance, Chris Christie, US Governors, Tax, Opinion

Reason Foundation

Advancing Pension Reform in Oklahoma

Like many states in the wake of the Great Recession, Oklahoma has faced rising costs and unfunded liabilities associated with unsustainable defined benefit pensions systems promised to public sector workers upon retirement.

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Related Topix: Personal Finance, Retirement

The Advocate

Our Views: Fair shake on pensions

Advocate staff file photo by RICHARD ALAN HANNON -- Louisiana State Police superintendent Col.

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Related Topix: Personal Finance, Opinion

The News Tribune

Pension Council sets contribution rates that will jump up in 2015 for state workers, taxpayers

Contribution rates for state pensions are going up next year for Washington state employees, state government and local governments.

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Related Topix: Personal Finance, Retirement, McCleary, WA

Transport Topics

Wyden: House Trust Fund Fix 'Goes Too Far' on Pension Smoothing

The chairman of the tax-writing Senate Finance Committee on July 28 criticized the primary source of funding for a House bill that would shore up the Highway Trust Fund, a day before the Senate is expected to vote on the legislation.

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Related Topix: Personal Finance, US Politics, US News, US Senate, Ron Wyden, Democrat, Retirement, Harry Reid

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