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Teamsters Multiemployer Pensions On Brink Of Collapse: DOL Asked To Investigate
New York City :: NY :: USA | 6 days ago
Credibility
Across the nation largely less-skilled older workers participating in multiemployer pension funds are at risk of losing the limited retirement security they had and slipping into poverty. Reductions or limitations on benefitssuch as disability
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Why Unions Want to Cut Retiree Pension Benefits
Alexandria :: VA :: USA | 23 days ago
Credibility
Underfunded pension plans represent one of the biggest potential financial problems facing the nation. Despite rising challenges over the past several years in meeting pension obligations, most pension plans have remained committed to making good on
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How Congress Is Putting Putting Pension Plans At Serious Risk
Seattle :: WA :: USA | 1 month ago
Credibility
The federal government insures the private pensions of 43 million Americans shielding their retirements from the fallout of a bankrupt employer, or a labor union investment portfolio that goes belly up. Since 1974, the Pension Benefit Guaranty
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SAIC Awarded Contract By Pension Benefit Guaranty Corporation
Sai :: Japan | 1 month ago
Credibility
American workers in more than 27,000 private-sector benefit pension plans...The Company's approximately 40,000 employees serve customers in the U.S...From Science to Solutions® Statements in this announcement, other than historical data and
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Salient Federal Solutions Awarded IDIQ Contract for IT Infrastructure Operations Services and Support (ITIOSS) for the PBGC
Fairfax :: VA :: USA | 2 months ago
Credibility
Salient believes that quality service is achieved through best practices and repeatable, auditable processes...Monitor Everything approach, a proven methodology that leverages technology and business acumen to monitor the entire IT Service Delivery
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PBGC Should Investigate Causes of Pension Failures
New York City :: NY :: USA | 3 months ago
Credibility
I cover pensions, investment management and securities matters. Should Investigate Causes of Pension Failures Over the past forty years the Pension Benefit Guaranty Corporation, a federal agency created to protect private pensions, has assumed
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Hawker, retired employees reach pension settlement
Wichita :: KS :: USA | 4 months ago
Credibility
In a proposed settlement with an ad hoc group of retired salaried employees, Hawker Beechcraft will set aside a total of $250,000 a year for 10 years to cover shortfalls that recipients represented by the ad hoc group would lose as a result of the
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American Airlines says too many pilots will retire if they can take pensions as lump sums
Dallas :: TX :: USA | 6 months ago
Credibility
Bankruptcy Court to do away the option of retiring pilots who want their pensions as lump sums rather than monthly payments. In its memorandum of law in support of the motion, American said that option would be too attractive for pilots once they can
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Pension fund agency in $34B hole
Upi :: Philippines | 6 months ago
Credibility
The federal safety net for pension plans for private U.S. companies said its budget deficit hit a record $34 billion as of the end of its fiscal year. The Pension Benefit Guaranty Corp., which takes over private sector pension plans when they fail,
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American Airlines gets OK to freeze pilot pensions, not terminate them
Dallas :: GA :: USA | 6 months ago
Credibility
It appears the road is now clear for American Airlines to freeze the A Plan for its pilots, with the U.S. Treasury and Internal Revenue Service agreeing to regulatory changes to eliminate a roadblock. Here's the background: Back on Feb. 1, American
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