Pensions

Executive's Pensions See Huge Growth

wsj.com | ELLEN E. SCHULTZ and TOM MCGINTY | Posted 11.03.2009 | Business


Pensions for top executives rose an average of 19% in 2008, with more than 200 executives seeing pensions increase more than 50%, according to a Wall ...

Rest Easy: Retirement (and Money) Can Improve Sleep

LiveScience | Posted 11.02.2009 | Living


It's no secret the stress of work can keep you up at nights. Now research shows that retirement can spur less fitful sleep, at least for people who ar...

Recession Creating A Lost Generation; Young People Can't Find Jobs

BusinesWeek | Peter Coy | Posted 10.11.2009 | Business


Bright, eager -- and unwanted. While unemployment is ravaging just about every part of the global workforce, the most enduring harm is being done to y...

Bennet gets seat on Senate health, education committee

Denver Business Journal | Denver Business Journal | Posted 11.29.2009 | Home


Colorado's U.S. Sen. Michael Bennet said Tuesday he has been chosen to serve on the Senate Committee on Health, Education, Labor and Pensions, a panel...

Labor Day Investing

Amy B. Dean | Posted 10.23.2009 | Politics


Amy B. Dean

Labor Day is a reminder of what workers can achieve when they organize: improved working conditions, fairness in the work place, holiday and vacation pay, health care and pensions.

NYT About Your 401(k): Missing the Point on Retirement Reform

Jill Schlesinger | Posted 09.24.2009 | Business


Jill Schlesinger

As pensions disappeared, nobody said, "Hey, instead of your boss paying into a guaranteed retirement plan, the risk of making contributions and managing your retirement money is entirely on you."

Time to Replace the 401(k)

Eric Schurenberg | Posted 08.29.2009 | Business


Eric Schurenberg

we had taken a perfectly decent supplementary savings plan and, without any real discussion, allowed it to become the sole source of most workers' non-Social Security retirement income. The 401(k) was not designed for that role, and it has come up way short.

Pension Costs For New York's Cities And Towns May Triple

New York Times | DANNY HAKIM | Posted 08.08.2009 | New York


Local governments in New York State face an unprecedented increase in pension costs that will force them to triple their contributions to the state pe...

GM Pension Fund: Is It Under Funded

nytimes.com | MARY WILLIAMS WALSH | Posted 07.31.2009 | Business


General Motors is using its huge pension fund in a way it never intended. It had planned -- and put money aside -- for a steady march of retirees o...

Getting Rich and the Marshmallow

Don McNay | Posted 07.25.2009 | Business


Don McNay

We have a financial system that has played to people's weaknesses. We have allowed people who are prone to instant gratification to have as much credit as they could get their hands on.

Retired Auto Workers Have Their Say (Video)

The Real News | Posted 07.23.2009 | Politics


The Real News

This video is the first in a series of discussions with a group of retired autoworkers in Detroit.

A Kinder, Gentler Recession for Seniors?

Mark Miller | Posted 07.04.2009 | Business


Mark Miller

Is the Great Recession bypassing seniors? That's the conclusion drawn by a new study looking at the downturn's impact on different age groups. Dig into Pew's data and a more complex picture emerges.

Card Check Is Not the Solution for Pension Mismanagement

Gary Shapiro | Posted 06.13.2009 | Business


Gary Shapiro

The union promise of jobs and better wages is deeply alluring, but their mechanism to securing them, so-called "card check," is fundamentally flawed.

After the Torture Memos: Can We Stop Paying George W.'s Pension?

Matt Littman | Posted 05.18.2009 | Politics


Matt Littman

Why in the world should we be on the hook to continue paying a staff and a travel budget for the man who caused such harm to this country? Talk about adding insult to injury.

Paralytic Debt Poisoning

Max Keiser | Posted 05.02.2009 | Business


Max Keiser

A red tide of toxic debt has poisoned the nation's financial system. And the American taxpayers are paralyzed as the financial oligarchs brazenly plunder their Fed and Treasury pockets.

Feds Take Control Of Hull House Pension Fund

Chi-Town Daily News | FERNANDO DIAZ | Posted 04.19.2009 | Chicago


The federal government has taken over the pension fund at the Jane Addams Hull House Association, one of Chicago's oldest social-service non-profit or...

Pensions 2.0: A Better Plan for a Financially Secure Retirement?

Beth Shulman | Posted 04.18.2009 | Business


Beth Shulman

Unless we bolster Social Security and fix the private system for helping Americans save for retirement, workers of today face a very dark financial future in what used to be called the golden years.

Are Reappropriated Pensions in Our Future?

Jim Selman | Posted 04.11.2009 | Business


Jim Selman

There is no excuse for a company or a government taking an employee's money and promising a pension in return and then spending, squandering or stealing that money for short-term expenditures.

Ford's Woes Deepen As Pension Plan Falls $4 Billion Short

Bloomberg | Keith Naughton | Posted 03.09.2009 | Business


Feb. 6 (Bloomberg) -- Ford Motor Co. may have to contribute $4 billion to its pension plan after a 2008 shortfall, a cash drain that risks dragging th...

The CEO Pay Caps Are A Mirage

Jonathan Tasini | Posted 03.08.2009 | Business


Jonathan Tasini

If the point is to stop the legal looting of corporate treasuries and leave some money in the till for regular workers, when you get right down to it, the CEO pay caps aren't meaningful.

Shining a Bright Light on a Dark 401(k) Secret

Dan Solin | Posted 03.06.2009 | Business


Dan Solin

The existing 401(k) system is a scam far greater than anything Bernie Madoff could have conceived. But a new website may change everything.

CEOs Boosting Their Pensions While Workers Pensions go Poof

Jonathan Tasini | Posted 02.27.2009 | Business


Jonathan Tasini

CEOs are getting major boosts in their pensions, while the pensions of most Americans have either disappeared or take a major hit.

New York's Department of Veterans' Affairs: Where's the Outrage?

Luis Montalvan and Aaron Glantz | Posted 02.22.2009 | Politics


Luis Montalvan and Aaron Glantz

Internal audits at the VA regional headquarters has revealed over half of all disability claims processed through the New York office had been illegally tampered with.

Reflections on Reconciliation: Paradox of Excess & Deprivation

Terry Leach | Posted 02.20.2009 | Business


Terry Leach

I wonder if Captain "Sully" Sullenberger's colleagues' pensions are secure. Somehow, I doubt it. Although airlines were the companies we used to loved to hate, airline employees are part of the family, too.

Retirement and Aging: Predictions for 2009

Mark Miller | Posted 02.13.2009 | Business


Mark Miller

Comprehensive health care reform legislation will be introduced, and a bill signed into law no later than early 2010 -- with enormous implications for retired people.