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Pension reform expected to save money
Messenger-Inquirer, Owensboro, Ky.Changes to the state's pension plan should save Daviess Fiscal Court hundreds of thousands of dollars during the next 20 years. State Rep. Tommy Thompson told Fiscal Court on Thursday that the pension reform plan passed this spring will mean that the...Tags: Career and Workplace, Punishment, Pension and Welfare, Prisons, Retirement
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Madison First Selectman Fillmore McPherson running for re-election
New Haven Register, Conn.Republican First Selectman Fillmore McPherson announced Thursday afternoon he is seeking re-election to a third term. "I am proud to serve the good people of the town of Madison," McPherson said. He made the announcement at Town Campus before...Tags: Government, Massachusetts Institute of Technology, Tropical Storms, Science and Technology, Republican Party
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OPINION: Spike in gas price sparks economics lesson
Duluth News TribuneIf you participate in a 401(k) plan that even remotely touches the stock market, be sure to tell the administrator where you want your pork bellies delivered. What, not enough room in your backyard to store a train car full of pig innards? Then how...Tags: Petroleum Industry, Upstream Oil and Gas Activities, Passenger Cars, Downstream Oil and Gas Activities
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Philadelphia Daily News John Baer column
Philadelphia Daily NewsGOV. CORBETT, with his leadership in question and his job approval in the tank, promises basic societal collapse if he doesn't get his way on pensions. He argues that unless the Legislature, which helped create the problem, slashes costs for state...Tags: Elections, Government, AFSCME, Lancaster County (Pennsylvania), Interior Policy
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COLUMN-Despite risks, retirement savers plow into target-date funds
ReutersBy John Wasik CHICAGO, May 8 (Reuters) - A torrent of money flowing into target-date funds suggests many retirement investors may be ignoring the risks of this key category. These funds now represent the second-most-popular allocation after U.S. large-...Tags: Morningstar Incorporated, Money and Monetary Policy, Stock Market, Federal Reserve, Finance
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Column: Despite risks, retirement savers plow into target-date funds
ReutersCHICAGO (Reuters) - A torrent of money flowing into target-date funds suggests many retirement investors may be ignoring the risks of this key category. These funds now represent the second-most-popular allocation after U.S. large-stock funds within...Tags: Morningstar Incorporated, Stock Market, Money and Monetary Policy, Federal Reserve, Finance
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Boomers facing uncertainty of retirement, maybe working years more than they thought
The Great Recession saw unemployment rates double and the housing bust that proved far stronger and lasted much longer than anyone had expected. Through it all, retirement savings plans took a major hit. The economy is improving now. South Florida...
Tags: Career and Workplace, Economy, Business and Finance, Palm Beach (Palm Beach, Florida), Employment, Employee Benefits
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Bogle's view: Retirement system is broken
The Philadelphia InquirerFew American business leaders are as connected to the concepts of saving and long-term investing as John C. Bogle, founder of the Vanguard Group in Malvern. Bogle's principles were to provide key assets for anyone seeking a comfortable retirement -- the...Tags: Economy, Business and Finance, Career and Workplace, Pension and Welfare, The Philadelphia Inquirer, Customs and Tradition
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The Philadelphia Inquirer Jeff Gelles column
The Philadelphia Inquirers common in some circles nowadays to scoff at the very notion of retirement. Years after the 2008 financial crisis, unemployment lingers at painful levels. Who can think of voluntarily giving up a job? But time is relentless. Unless you plan to work...Tags: Career and Workplace, Economy, Business and Finance, The Philadelphia Inquirer, Retirement, Federal Reserve
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Glendale pays big pension numbers
As Glendale struggles to get a handle on its growing pension obligations, records show that about 11% of the nearly 1,350 city retirees draw annual pensions of more than $100,000 a year — and some of them far more than that. At the top of the list...
Tags: Career and Workplace, Government, Pension and Welfare, Employment, Employee Benefits
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EDITORIAL: Twilight savings: Retirement in America requires better preparation
Pittsburgh Post-GazetteThe dream of a comfortable retirement is slipping away from millions of middle-class Americans. Company pensions are a thing of the past, and the recession has decimated the nest eggs -- primarily 401(k) plans and family homes -- of many baby boomers. A...Tags: Nursing Homes, Pittsburgh Post-Gazette, Long Term Care
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Macon-Bibb merger group discusses pension plans
The Macon TelegraphThe task force that's working on merging Macon and Bibb County governments is considering a choice between two pension plans for employees of the consolidated government: one defined-benefit plan, similar to what Bibb County already offers; and one hybrid...Tags: Pension and Welfare, Interior Policy, Politics, Local Government
May 17, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Story| McClatchy-Tribune
May 19, 2013
|Story| McClatchy-Tribune
May 8, 2013
|Story| McClatchy-Tribune
May 8, 2013
|Story| Reuters
May 8, 2013
|Story| Reuters
May 13, 2013
|Story| South Florida Sun-Sentinel
May 12, 2013
|Story| McClatchy-Tribune
May 12, 2013
|Story| McClatchy-Tribune
May 11, 2013
|Story| Glendale News Press
May 10, 2013
|Story| McClatchy-Tribune
May 10, 2013
|Story| McClatchy-Tribune
Original site for 401K topic gallery.