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News tagged with “pensions fund”. Found: 474 tagged news reports.
 

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Detroit :: MI :: USA | 3 months ago

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The city of Detroit reached tentative agreements to preserve pensions for retired police office and firefighters but cut monthly payments for other former employees, key deals that could accelerate the largest public bankruptcy in U.S. history,

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London :: United Kingdom | 4 months ago

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The start of the new tax year is just the time to do your own budget planning. Photograph: Alamy Today marks the start of the new financial year, when a series of measures announced by the chancellor in the budget take effect. This makes it a good

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Police :: Poland | 4 months ago

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But the proposal the mayor and his top aides outlined late Monday would not address huge pension shortfalls for Chicago police, firefighters and teachers. Nor would it deal with the city's most immediate, pressing financial problem: a state

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Montreal :: Canada | 4 months ago

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New Jersey Gov. Chris Christie doesn't waste an opportunity to raise the specter of Detroit when talking about his state's finances. Christie, a Republican, has included a $2.25 billion payment to New Jersey's public pension system in 2015, the

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Jacksonville :: FL :: USA | 4 months ago

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Johns County Commissioners, who learned Monday that JEA rates here could rise because Jacksonville's police and fire pension funds are broke, will decide today what to do. If the JEA must pay up to $40 million a year to the city, it could be forced

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London :: United Kingdom | 5 months ago

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23 February 2014 3 View comments The move is designed to give pension holders greater choice and increase competition Pension companies will have to disclose details of hidden fees which can reduce the value of your retirement income by a third.

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Dublin :: Ireland | 5 months ago

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If your objective in life is to have a stress-free, financially comfortable retirement, relative to your earnings, then the advice is simple...They're guaranteed by the State and the benefits, even though they are reduced for current entrants, are

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Sacramento :: CA :: USA | 5 months ago

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A rift between Gov. Jerry Brown and the board overseeing the nation's largest public pension fund over rising liabilities tied to longer retiree life expectancies highlights a concern about how decisions are made at an agency with tremendous

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Amsterdam :: Netherlands | 6 months ago

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The fund said on Wednesday it is being forced to cut pensions because its  financial position has not recovered sufficiently and the coverage ratio remains below the official 105%. The PME fund, which has over 630,000 participants, also cut pensions

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Kansas City :: KS :: USA | 6 months ago

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Despite passing pension reforms in 2013, legislators are considering making further tweaks to the Kansas Public Employee Retirement System. A House Bill, if passed, would reduce the annual interest credits public employees are set to receive from

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