Pension News

However, because Vale already shut down its mining and processing operations in Sudbury for eight weeks starting June 1, the strike won't have an impact until the end of the month.

Titanium producer Allegheny Technologies Inc. said Thursday it expects to take a charge of $17 million in the second quarter related to a pension trust contribution and costs from the retirement of $183.3 million of notes.

New York-Crain Communications Inc. announced Thursday that Chris Crain has been named group publisher for Pensions & Investments, Business Insurance, Workforce Management and the recently acquired Staffing Industry Analysts.

Pension benefits for Missouri's elected officials and judges may now be viewed online.The Missouri State Employees' Retirement System voted Thursday to publish the retirement benefits for former public officials on its Web site.

Gov. Arnold Schwarzenegger is demanding changes to retirement benefits in any deal to resolve a $26 billion deficit.

IBM accused of pension - bullying' 9:41am Thursday 9th July 2009 Comments Have your say By Gareth Lewis HAMPSHIRE staff of computer giant IBM, one of the county's largest employers, have accused the company of "bullyboy" tactics after it revealed plans to shut its final salary pension scheme.

New legislation to cut ministerial pensions and pay increments for serving TDs and Senators is due to be debated in the Dail later.

About 2,500 public service retirees and eligible beneficiaries in Stanislaus County won't receive stipends next year to pay for health insurance.

Marks & Spencer executive chairman Sir Stuart Rose appears to have won a key vote at the retailer's annual meeting, but there was significant opposition.

As a thank you, a man has left $152,000 -- half his estate -- to the Ohio insurance company where he worked for 25 years.

Minnesota lawmakers are looking at whether it makes sense to fold some public pension funds into others.

Computer giant IBM has announced plans to close its final salary pension scheme to existing UK members in a move affecting around 5,000 staff.

The federal and provincial governments should allow smaller companies and the self-employed to band together and create a single pension plan, a Sun Life Financial executive said Tuesday.

THE Retirement Fund yesterday disclosed that its total withdrawals on stocks and other investments since 2005 had reached more than $121 million mainly to finance pension checks due to the cash-strapped governmenta s failure to timely remit its contributions.

U.S. Senator Charles Schumer, Monday asked GM CEO Fritz Henderson to reverse the decision to refer the pension plans of the Delphi Corporation's salaried retirees to the Pension Benefit Guaranty Corporation .

The family of a former Providence police officer serving a life sentence for killing a neighbor will continue to receive his nearly $3,500 monthly disability pension check.

Even though Nicholas Gianquitti will probably spend the rest of his life in prison, his family will continue to collect his disability pension from the city, based on less than three years as a Police Department employee.

John McCrank Reuters - Toronto Last updated on Monday, Jul. 06, 2009 06:31PM EDT W orkers at The Globe and Mail newspaper voted in favour of a five-year labour contract that freezes wages for the next two years, reflecting the distressed state of the industry, the union said Monday.

Mayor Chris Beutler today announced that his budget proposal for 2009-2010 includes a change in the City employee retirement plan to a $1 to $1 match for new employees.

TUC General Secretary Brendan Barber today urged pension scheme trustees and trade unionists to guard against employers using the recession as an excuse to take a slash and burn approach to occupational pensions.