One of your colleagues Marty Lueken, who is an expert on the public sector
pension crisis made a comment.
Not exact matches
Five years ago, she was poached from Goldman Sachs — where she
made her name convincing a number of large
pension funds to hedge in the run up to the financial
crisis — by Bank of America to run a first of its kind on Wall Street cross-asset, cross-industry structured - strategies group («It's about solutions, not products,» she says).
«This coming year is going to be one of the most challenging years for the trade union movement - and public sector trade unions in particular - as the coalition government seeks to
make the public sector and its workforce pay for the
crisis, through cuts to jobs, services, pay and
pensions.
Now, in the midst of a budget
crisis of its own
making, Albany wants to buy short - term budget relief by raiding the
pension fund.
Is it wise as part of addressing the
pension funding
crisis to take the existing inadequate assets and use them to rescue the Government's current deficit,
making the problem worse in the longer term?
SYRACUSE, N.Y. — Syracuse city leaders said they will have to do some research to decide whether a new
pension payment plan proposed today by Gov. Andrew Cuomo will help address the city's fiscal
crisis or just delay the hard choices to be
made.
But the
pension crisis in Puerto Rico is where many states are headed if they don't
make reforms now.
Lowenstein (Buffet: The
Making of an American Capitalist) depicts the
pension crises like entertaining historical fiction with lessons in history, business and...
It
makes the last great
pension crisis in the late»70s look good — at least they had higher yields back then.
If you don't feel comfortable
making loans against your
pension, or notifying your employer of your monetary
crisis, you can turn to non-traditional lending.
Trustee had to travel overseas on short notice to attend to a
crisis related to their business and does not
make the June monthly
pension payment until the following income year.
Public
pension crisis: States across the country face structural budget deficits as a result of too - generous
pension promises
made to their employees.
A state in
crisis can't meet its
pension obligations, and so breaks promises
made to teachers and state employees decades ago.