Critics have suggested that problems faced by pension funds have been overstated, and that the picture is rosier than depicted by the conservative groups in particular that have raised alarms
about public pensions.
There were a lot of questions last week when I wrote
about public pensions.
Not exact matches
The project, owned by the kingdom's
Public Pension Agency, has been plagued by construction delays, cost overruns and uncertainty
about the future of its ownership.
Faced with mounting
public concern
about pensions, governments across Canada are now rushing to prove they do, in fact, care.
He noted that «
about two - thirds of the
public pension funds that we follow have reduced their return assumptions since 2008, some more than once.»
Trotsky said the
pension has
about 10 percent of its money in PE — around the national average for large
public retirement funds — and has no plans to change that.
Before coming to the Times in 2014, he was a reporter at the Wall Street Journal where he wrote
about housing,
public pensions and a corporate bankruptcy lawyer who moonlighted as an energy healer.
A new NASRA resource provides detailed information
about key changes made to
public pension plans since 2016.
Today, we manage
about $ 160 billion for approximately 350 of the largest and most sophisticated global institutional clients including
public and corporate
pension funds, university endowments, charitable foundations, supranational agencies, sovereign wealth funds, and central banks.
Pensions can be interesting at a time when there are broad concerns
about the viability of Social Security and savings rates among the
public.
For some reasons that I don't really know, and I'm sure you could not care
about,
public pensions preserved a much more lenient regime.
This week's announcement generated a new round of complaints
about the ORPP, but it's important not to let problems with the ORPP undermine the strong general case for
public pension expansion.
Private equity firm TPG Capital along with PAG Asia Capital and Ontario Teachers
Pension Plan purchased DTZ from the Australian
public, commercial property firm UGL for
about $ 1.1 billion and then merged that with Cassidy Turley, which was acquired for
about $ 557 million.
The median
public pension plan's investments returned
about 1 % in 2016, far below the median assumption of 7.5 %.
The average Chicago property tax bill is going up
about 10 percent this year following City Hall and Chicago
Public Schools tax hikes to pay for police, fire and teacher
pensions, according to calculations released Tuesday by the Cook County clerk's office.
PCS says the government's announcement this morning
about public sector
pension contributions makes a mockery of the ongoing negotiations and proves that the government is determined to make people pay more and work longer in return for smaller
pensions.
12:11 - After a question on
public sector
pensions - the first which hasn't been
about Europe - we get a question from Tory Steven Baker, who calls on Britain to «leave Europe» altogether.
Asked
about Stringer's lack of investment income, his campaign noted that he does have a
pension from his years of
public service, a 457 deferred compensation plan (similiar to a 401K), which he can't touch until retirement, and a college savings account for his first child.
In a case that could have ramifications for government transparency, New York's top judges may decide whether details
about taxpayer - funded teacher
pensions should remain hidden or be open to the
public.
Following the submission today of the NASUWT response to the Department for Education consultation on «Proposed Increases to Contributions for Members of the Teachers»
Pension Scheme», Chris Keates, General Secretary of the NASUWT, the largest teachers» union in the UK, said: «The Coalition Government should tell the
public the truth
about why it is seeking to raid the
pensions of millions of ordinary
public service workers and why it is taxing
public sector workers who are acting responsibly by trying to save for their retirement.
No - one really wanted to set out where the cuts will hit, and we had diversionary tactics such as talking
about public sector
pensions for the few very well paid
public sector staff that won't make any real contribution to reducing the deficit.
No one but them is talking
about amendments to eliminate collective bargaining, end the
public pension system or remove the «forever wild» clause that protects the Adirondacks.
The
public will learn
about pension funds, auditing city agencies and approving city contracts.
The NYC
public employees don't give a darn
about the Common
Pension System because they have their own and it is not under the State Comptroller.
Noel DiGerolamo, second vice president of Suffolk's Police Benevolent Association, which has
about 5,000 members, said
public - sector workers are being blamed for ballooning
pension costs when Wall Street investment houses are the true culprits.
«Isn't this part of a much bigger issue which is there is growing anger in what she calls the court of
public opinion not just
about the
pension and renumeration of what are now
public sector employees but
about other
public sector fat cats including senior civil servants and dare I say it ministers
about their very lavish and generous
pension?»
Newsday is «guardedly optimistic
about progress on legislation that would strip state
pensions from
public officials convicted of corruption,» but urges lawmakers to «cast a wide net.»
Firefighters could not be more serious
about protecting
public safety and ensuring fair
pensions,» FBU general secretary Matt Wrack said today.
He is expected to talk
about his ongoing investigation into
pension padding, the idea that
public employees manipulate their salaries at the end of their careers to boost their
pension benefits.
The future of thousands of disabled workers» jobs hangs in the balance as unions representing Remploy workers rally to urge Secretary of State for Work and
Pensions Peter Hain «not to fail disabled workers» at the last
public event before he is expected to make a decision
about the future of Remploy.
«Lord Hutton's review of
public service
pensions has never been
about making the schemes sustainable or viable.
«Last week the government's true agenda was rumbled, with ministers exposed for making misleading statements
about the viability of
public sector
pensions.
Unless the government does an
about - turn on its plans to force
public sector workers to work longer and pay more for much less
pension in retirement, this first joint strike will include 750,000
public servants.
Labour's shadow work and
pensions secretary Rachel Reeves said millions of working families would lose money if the reports were true and urged Cameron to «come clean with the
public about their plans to cut child benefit and child tax credits».
He wants the good
public employees to provide information
about their coworkers and bosses who don't work hard enough, misuse state cars and expense accounts and double dip on the state
pension system.
A spokesman for Cuomo, asked
about the calls to increase taxes, accused Democrats who run the state Assembly of reneging on a plan to strip felonious officials of their
public pensions.
YouGov also asked a series of questions
about public sector
pensions — 74 % of people thought that
public sector pensioners got a better deal than those who worked in the private sector and 60 % of those thought they did not deserve this (predictably there was a huge difference between
public and private sector workers on this question — 55 % of
public sector workers thought that, yes, they did deserve better
pensions than the private sector).
Asked
about the government's proposals for the future of
public sector
pensions, the most popular option was the government's original plan to gradually increase the retirement age of
public sector workers under 50 to 65, supported by 39 % of respondents.
A Blackstone spokesperson told IBTimes that Mulrow did not contact the
Public Service Commission
about the electricity project and said Mulrow had no interaction with the state
pension fund.
Pension reform is a key plank of the coalition's economic policy, it has tasked Labour peer Lord Hutton with bringing
about a new system for
public sector schemes that is sustainable.
So we are guardedly optimistic
about progress on legislation that would strip state
pensions from
public officials convicted of corruption.
38 % of people think
public sector
pensions are too generous, 25 %
about right and 11 % not generous enough (meaning there is a broadly even split between people who think they are too high, and people who think they are
about right or not high enough).
«Conservatives worry
about Clegg's increasingly petulant reaction to EU veto Main Downing Street is confident of a
public sector
pensions deal being reached with the unions»
Recognition of gathering generational storms on
pensions,
public debt, housing and — until very recently — climate change not addressed by clear strategies and openness with the
public about the consequences.
ALBANY, NY (05/16/2011)(readMedia)-- «It is very clear from the Cuomo administration's leaks
about plans to seek Tier VI
pension changes for
public employees that the governor does not care
about the impact of his policies on working people.
I am happy you have been elected I have an issue
about pensions and retirement, which is the main topic at the moment, as I work in the
public sector Here it is... Hope you are well
Malloy is talking
about the
public employee
pensions.
Gov. Scott Walker's proposal would force
public workers to contribute
about 5 percent to their
pensions and at least 12.6 percent to their health care coverage.
WAMC's David Guistina talks with Mike Spain of the Times Union
about legal fees two local lawyers, who are also local officials, claim are owed to them from a 2006 civil rights case and a proposed New York State constitutional amendment to strip the
pensions of corrupt
public officials.
The UFT set out its 2011 legislative priorities [http://files.uft.org/priorities.pdf] in a document that sought to bust the myths
about generous
public employee
pensions and pointed out how any progress that schools have made will be erased by more cuts.