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A collection of news and information related to Pension and Welfare published by this site and its partners.
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Stocks, bond prices fall after Fed decision
ReutersNEW YORK (Reuters) - Equities and bond prices pulled lower on Wednesday after the Federal Reserve said it would maintain the pace of its bond buying and gave no explicit indication it was close to slowing the stimulus program. Fed officials cited further...Tags: Abbott Laboratories, Earnings Forecasts, Korean War (1950-1953), Exports, Buyback
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Chile's Pinera eyes pension fund reform to boost returns
ReutersSANTIAGO, June 19 (Reuters) - Chilean president Sebastian Pinera is seeking to reform the Andean country's private pension funds to boost competitiveness and increase pensions for workers, he told a local radio station on Wednesday. The conservative...Tags: Finance, Radio Industry, Elections, Interior Policy, Chile
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Don't count Cullerton out
"You must be one of those (expletives) from Room 6." I don't remember the first 10 words my now-wife spoke to me back then, much less the exact first words of old friends. Except, that is, for Illinois Senate President John J. Cullerton, D-Chicago....
Tags: Teaching and Learning, Interior Policy, Executive Branch, Illinois Governor, Students
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State Holding Its Own On Corporate Welfare, 'Megadeals' Report Shows
When it comes to the biggest corporate welfare deals, Connecticut is holding its own among states -- for better or worse -- with six incentive packages worth $75 million or more over the last two decades. Pound for pound, under Democrats as well as...Tags: M. Jodi Rell, Swiss Bank Corporation, Interior Policy, Executive Branch, Personal Income
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Britain says reckless bankers could face jail
ReutersLONDON (Reuters) - Bankers who are reckless with customers' or taxpayers' money could face criminal charges and have bonuses and pensions clawed back, according to proposals backed by Britain's prime minister on Wednesday. Many Britons blame bankers'...Tags: David Cameron, United Kingdom, HSBC Holdings plc, Interior Policy, Parliament
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Lawmakers may punt on pensions
State lawmakers return to the Capitol on Wednesday to consider fixes to Illinois' financially woeful government worker pension system, but the heaviest lifting they're likely to do is to vote to form a committee to seek an elusive compromise. Lacking...
Tags: Finance, Elections, Illinois Governor, Republican Party, Economy, Business and Finance
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Euro zone must agree bank recaps on Thursday: EU's Rehn
ReutersPARIS (Reuters) - Euro zone finance ministers must hammer out an agreement at a meeting later this week over how to recapitalize banks, the European Union's top economic official said on Tuesday. The bloc's leaders agreed in June 2012 that the European...Tags: European Union, Finance, Francois Hollande, Restructuring and Recapitalization, Interior Policy
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Building middle-class Baltimore
In passing Mayor Stephanie Rawlings-Blake's budget Monday night, City Council members said they hoped the whole thing would be more or less a wash for Baltimore residents. Property taxes are going down, but new fees are coming to pay for stormwater...
Tags: Interior Policy, Helen Holton, Environmental Politics, Stephanie Rawlings-Blake, Environmental Issues
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Pro and con:
In advance of the special legislative session in Springfield on Wednesday to take another stab at pension reform, I initiated an email dialogue with Anders Lindall, spokesman for the local chapter of the American Federation of State, County and...Tags: Finance, Interior Policy, Labor Markets, Labor Legislation, Economy, Business and Finance
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Voice of the People, Jun. 19
What would Abe do? Even in the time of Abraham Lincoln you needed moral integrity plus either political capital or political savvy to get anything meaningful accomplished. Lincoln had the moral integrity and political savvy; today's politicians are...Tags: Illinois Elections, Elections, Interior Policy, Chicago Tribune, Illinois Governor
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Quinn, lawmakers agree to form pension reform committee
Clout StreetUnable to round up enough Senate votes for a sweeping measure to overhaul the state’s public employee pension system, Gov. Pat Quinn has backed off in favor of a plan to a form a committee designed to forge a compromise on the hot-button issue....Tags: Interior Policy, Elections, Pat Quinn, Michael Madigan, Crime, Law and Justice
Feb 5, 2012
|Story| KY3-TV
Jun 19, 2013
|Story| Reuters
Jun 19, 2013
|Story| Reuters
Jun 19, 2013
|Story| Chicago Tribune
Jun 19, 2013
|Story| Hartford Courant
Jun 19, 2013
|Story| Reuters
Jun 19, 2013
|Story| Chicago Tribune
Jun 18, 2013
|Story| Reuters
Jun 18, 2013
|Story| Baltimore Sun
Jun 19, 2013
|Column| Chicago Tribune
Jun 19, 2013
|Story| Chicago Tribune
Jun 18, 2013
|Story| Chicago Tribune
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