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Pension News

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

2 hrs ago | Reuters

Investor group calls on SEC to review change in JPMorgan voting

Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase & Co cut off the bank's opponents from polling information.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, Personal Finance

7 hrs ago | Pensions & Investments

2 CF Industries social proposals break record for support

Two pension funds separately won record-high support for shareholder social proposals at any company.

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Related Topix: Chemicals, CF Industries, Personal Finance, Retirement, Wisconsin

Fri May 17, 2013

St. Petersburg Times

LegislaturePension vote puts some House Republicans in awkward position

Florida House Republicans tried to close the state's pension system to new employees this year, saying it's a ticking time bomb that could cripple the state's budget for years to come.

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Related Topix: Personal Finance, US News, Dover, FL, Florida, Retirement

The Daily Breeze

Scott Burns: Public pensions are nice deals if they can be delivered

Q: I am facing a difficult retirement funding decision. I am a 52-year-old municipal employee.

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Related Topix: Personal Finance, Retirement, Austin, TX

The Columbus Dispatch

Hawaii-trip controversy stokes calls for more pension-system oversight

Months of controversy over pension board members' plan to attend a Hawaii conference have resulted in calls for more oversight of the state's pension funds.

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Related Topix: Personal Finance, Retirement, Columbus, OH

Global Voices Online

Bolivian Workers Protest Seeking Better Pensions

Tension is growing in Bolivia as miners, teachers, health service workers and public university staff -all affiliated to the Central Workers Union - are on strike demanding an increase in their retirement pension scheme.

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Related Topix: Personal Finance, South America, Bolivia, Retirement

Folio Weekly

The Police & Fire Pension Fund continues to work in secret - just the way they like it.

Did we see you at the North Beaches Art Walk last night? Check out The Eye. t.co/IT4bPnWJLH Retweet this "I remember thinking, 'wow, you're ridiculously good looking.'" Authorities thought this about these guys.

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Related Topix: Personal Finance, Fire, Jacksonville, FL, Avondale (Jacksonville, FL), Retirement

The Citizens' Voice

Controller arraigned on felony charges

Luzerne County Controller Walter L. Griffith Jr. was arraigned today on charges he illegally recorded three conversations without consent from numerous people.

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Related Topix: Luzerne County, PA, Personal Finance, Retirement, Wilkes-Barre, PA

BBC News

Public sector pensions face big hit

Four million public sector workers will see a dramatic reduction in the value of their pension schemes, according to a new report.

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Related Topix: Personal Finance

USA Today

Troubled Detroit pensions pay for Hawaii trip

Four trustees of Detroit's two public pension funds are heading to a Hawaiian beach resort this weekend with their $22,000 tab paid for by the funds, which are mired in claims of mismanagement.

1 comment

Related Topix: Personal Finance, Airlines, Hawaiian Airlines, Transportation, Hawaiian Holdings, Retirement

Thu May 16, 2013

New Vision

Pensions bill ready for debate

For workers, the days of having several options in which to save for retirement other than just NSSF are drawing closer.

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Related Topix: Personal Finance, Retirement, Home, Mortgage

National Public Radio

The Tricky Business Of Retirement: Hidden 401(K) Fees

A couple generations ago, when older Americans retired they could rely on pension plans to support them.

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Related Topix: Personal Finance, US News, Liberal Political News

KFVS12

Universities agree to slowly pick up pensions

State universities and community colleges have agreed to gradually pick up their own retirement costs under a preliminary deal that emerged at a public hearing.

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Related Topix: Personal Finance, Illinois, Illinois Government

The Press-Enterprise

BANNING: City Council approves employee pension changes

The council on Tuesday, May 14, approved a series of resolutions related to compensation and benefits for employees not covered by agreements previously approved with five other bargaining groups.

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Related Topix: Personal Finance, Banning, CA, Retirement, Riverside County, CA

Pensions & Investments

State, local governments step up pension plan changes

Forty-four percent of state and local governments made pension plan changes over a 12-month period, up from 37% in the previous 12 months, according to an annual survey released Wednesday by the Center for State and Local Government Excellence.

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Related Topix: Personal Finance

Star Tribune

Minnesota pensions: Why do they get bailed out and not you?

A recent contributor to the Star Tribune's letters to the editor wondered why no one was going to help him out if his 401 tanked.

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Related Topix: Personal Finance, Retirement, Mortgage, Opinion

Wed May 15, 2013

The Guardian

Twelve months to save final salary schemes, says pensions minister

Steve Webb says there may be 'no point trying to apply electrodes to the corpse' but a version could be saved Steve Webb, the pensions minister, believes the next year offers a critical opportunity to talk to companies about what they are offering their workers.

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Related Topix: Personal Finance, Retirement

KCBY-TV Coos Bay

Ore. House speaker opens door to more pension cuts

Oregon House Speaker Tina Kotek on Wednesday backed off her refusal to allow steeper cuts to public-employee retirement benefits, potentially paving the way out of a stalemate that has stalled budget progress for weeks.

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Related Topix: Personal Finance, John Kitzhaber, US Governors, US News

NJ.com

Christie administration warns it might not make full pension payment in future years

Gov. Chris Christie promised public employees that he would make the required pension payments, but has told investors that the commitment is not ironclad.

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

Folio Weekly

Buzz: Pension Reform, JaxPort Woes, Tattoos and More

At Jacksonville City Hall, officials were touting an agreement for retirement reform as "historic" and "financially sustainable." Mayor Alvin Brown announced May 8 that the city had reached an agreement with the city unions that will save $1.1 billion over the next 30 years and save the city about $50 million it would've had to put in the pension ... (more)

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Related Topix: Personal Finance, Retirement, University of North Florida