STEEP FALLS on the world's stock markets have not just hit individual shareholders. Pension funds, which rely mainly on equities to produce investment returns to finance pension payments, have recorded huge declines also.
Excerpt: "[The legislation establishes a mechanism] to purchase 'troubled assets' from 'financial institutions.' The bill also includes enhanced mental health parity requirements for group health plans and other provisions that might be ...
Peter Martin is reporting that the government will be releasing an economic stimulus package today which will include something on pensions - to be announced at around midday. He suggests about $5 billion will be pumped into the economy ...
Today’s newsletter from the Heartland Institute highlights research and commentary on two kinds of government employee pension plans: defined contribution vs. defined benefit. According to the Pew Center on the States, state governments ...
wrt to sharehouseholds - its generally much easier for students to live in share house situations than pensioners which greatly cuts down rental expenses - again I’m just being comparative to pensioners. ...
A record-setting stock market rally Monday helped pension managers regain nearly half of what they had lost in the previous eight trading sessions, but many government pensions in Tennessee have still suffered double-digit losses this ...
“On another note, Peter Martin is talking about a National Address by the Prime Minister tonight at 6:30.” Ohhhhh, I’m still at work (6.30pm) and only just heard so I’m going to miss out. I’m so not disappointed.
“Fine - oh I’d agree that youth allowance needs to increase (or maybe some more low interest government loans), just that its a much worse situation for pensioners.” The facts are that SOME pensioners are doing quite well and others ...
