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Insurance companies a lifeline for the pension crisis?

2013-10-13 13:43:56| Telecom - Topix.net

General Motors and Verizon have each pumped a mountain of cash into life-insurance companies that promised lifetime payouts to salaried retirees, freeing future corporate profits for business and shareholders.

Tags: companies insurance crisis pension

 

ADM the Latest Hostage of Pension Reform

2013-10-06 17:29:06| Agriculture - Topix.net

Governor Pat Quinn refused to say for several days whether he'd support a $1.2-million-a-year tax break for Archer Daniels Midland to move 100 jobs out of Decatur and open up a world headquarters and new tech center in Chicago.

Tags: latest reform pension adm

 
 

Railroad pension benefits will be topic of meeting

2013-10-06 14:25:09| Railroads - Topix.net

The National Association of Retired and Veteran Railway Employees Inc. will present a program in Gillette on Tuesday to inform railroad industry workers and retirees about their pension benefits under the Railroad Retirement Act.

Tags: topic meeting benefits pension

 

Quinn says no tax breaks to keep ADM headquarters in Illinois until pension deal

2013-10-04 07:54:42| Agriculture - Topix.net

Gov. Pat Quinn said he will veto any legislation with special tax incentives to get Archer Daniels Midland Company to keep its global headquarters in Illinois until legislators approve a fix for the state's nearly $100 billion pension crisis.

Tags: until tax deal illinois

 

AUDIO: Is pension auto-enrolment working?

2013-10-01 17:32:57| BBC News | Business | UK Edition

Charlotte Jackson from the Pensions Advisory Service says opt out levels have been lower than expected.

Tags: audio working pension

 

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