As a trustee of the City's largest public pension fund, I have repeatedly called for the divestment of all public
pension dollars from gun retailers and manufacturers, and I am encouraged by the Mayor's call today to divest from assault weapon manufacturers.
Not exact matches
Jensen says the
dollar amounts that have already been shifted
from equities to bonds are enormous, and much more will follow if
pensions across the EU are included.
Much like a
pension fund that buys securities with the money that flows in
from paycheque deductions, retail investors can contribute equal amounts of money at regular intervals (say, monthly) in a strategy called
dollar - cost averaging.
We put our money where our mouth is by investing our
pension dollars in marquee projects like East Market, which is reviving an entire section... (Enclosed is) a letter
from the Fluor Corporation, a multinational engineering and construction firm.
«Right now, you have a steel worker, maybe
from the south side of Chicago here... He lost his job, he lost his health care, he got 30 cents on the
dollar for his
pension.
A massive campaign aimed at forcing Switzerland to make billions available in «compensation» was launched by the WJC, with the governors of four American states threatening economic sanctions against the Swiss, and the City of Los Angeles withdrawing millions of
dollars of
pension funds
from a Swiss bank.
New York City announced it filed a multibillion
dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments
from its $ 189 billion public
pension funds over the next five years.
Enabling P3s would give the state access to capital
from pension funds, sovereign wealth funds, insurance companies, private equity firms and concessionaires to supplement public
dollars.
Many schools plan to add new student programs and services next year, aided by millions of
dollars in fresh financial assistance
from Albany, as well as reductions in state
pension costs.
A recent decision by the federal Department of Justice to scale back and eventually end the use of private prisons indirectly impacted New York City's
pension funds, reducing holding values by millions of
dollars and leading to renewed calls
from activists for the city to divest
from the for - profit corporations that operate these prisons.
From the President who has refused to act on investigative reports submitted to him on grievous allegations of diverting over a billion naira meant for resettlement of Internal Displaced Persons (IDPs) by the Secretary to the Government of the Federation, Babachir Lawal under the Presidential Initiative for the North East (PINE) and the miraculous discovery of 13billion naira in an apartment at Ikoyi, Lagos under the supervision of the Director of the Nigerian Intelligence Agency (NIA), Ayodele Oke, to the Head of Service of the Federation, Oyo - Ita Winifred Ekanem, who connived with others to reinstate into active duty and promote Abdulrasheed Maina, the former Chairman of the
Pension Reform Task Team, who allegedly stole over 6billion naira pension fund; the Chief of Staff to President Buhari now renamed the «Thief of Staff», Abba Kyari, who allegedly received a bribe of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart of every sharp practices in the Presidency; the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister of Justice, Abubakar Malami, who was the brain behind the reinstatement of Abdulrasheed Maina; the Chief of Army Staff, General Tukur Buratai who during his time as the Director of Procurement at the Army Headquarters allegedly diverted funds meant to equip the Military into buying choice properties worth millions of dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost contracts worth $ 930,500,690 with others while as the Chief of Army Staff between 2008 - 2010 and one of the brains behind the reinstatement of Abdulrasheed Maina; the Minister of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor of Rivers
Pension Reform Task Team, who allegedly stole over 6billion naira
pension fund; the Chief of Staff to President Buhari now renamed the «Thief of Staff», Abba Kyari, who allegedly received a bribe of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart of every sharp practices in the Presidency; the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister of Justice, Abubakar Malami, who was the brain behind the reinstatement of Abdulrasheed Maina; the Chief of Army Staff, General Tukur Buratai who during his time as the Director of Procurement at the Army Headquarters allegedly diverted funds meant to equip the Military into buying choice properties worth millions of dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost contracts worth $ 930,500,690 with others while as the Chief of Army Staff between 2008 - 2010 and one of the brains behind the reinstatement of Abdulrasheed Maina; the Minister of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor of Rivers
pension fund; the Chief of Staff to President Buhari now renamed the «Thief of Staff», Abba Kyari, who allegedly received a bribe of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart of every sharp practices in the Presidency; the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister of Justice, Abubakar Malami, who was the brain behind the reinstatement of Abdulrasheed Maina; the Chief of Army Staff, General Tukur Buratai who during his time as the Director of Procurement at the Army Headquarters allegedly diverted funds meant to equip the Military into buying choice properties worth millions of
dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost contracts worth $ 930,500,690 with others while as the Chief of Army Staff between 2008 - 2010 and one of the brains behind the reinstatement of Abdulrasheed Maina; the Minister of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor of Rivers State.
I guess they did not read the papers with regard to Pensiongate» and all those well connected Democrats who are returning the Millions of
dollars that they received
from the
Pension System and lets not forget that Congressman Meeks records was subpoenaed by the Feds, and who can forget what Hank Morris lawyers said «everyone does it» and lets not forget the State IG and his battle with the Sampson the Bipartisan and the other leaders of the Democratic Senate Crazy» Committee it seems the don't want to give him there records with regard to the Racino scandal.
Susan Lerner, Executive Director of Common Cause New York, talked to Steve Ference about the recent corruption with the state
pension system, saying it's a clear sign New York needs to move away
from a sole trustee deciding how the 129 billion
dollar fund is invested.
New York State Assemblyman and Chair of the Executive Committee of the Bronx Democratic County Committee Carl Heastie said: «Coming back
from a recession that devastated
pensions around this state, the NYS
pension system has not only been brought back but we have had a record high of 180 billion
dollars.»
«The latest reports regarding former State Comptroller Alan Hevesi are disturbing — and once again reminds us that we must be vigilant in protecting New York State's public
pension funds
from pay - to - play schemes that would defraud New Yorkers out of millions of
dollars.
«As your Comptroller, I will continue to champion the issues that matter to our middle - class, including strengthening our
pension fund and protecting taxpayer
dollars from waste and fraud.
«
From his staunch defense of the defined benefit
pension system to his efforts to safeguard their hard - earned tax
dollars, no one does more to protect working people than Comptroller DiNapoli.
Former Senate Majority Leader Dean Skelos will receive a nearly $ 96 thousand
dollar a year
pension despite his federal corruption conviction that forced him
from office last year.
The AP reminds us that Morris was accused of using his ties to Hevesi to extract millions of
dollars in kickbacks
from financial firms seeking a role in handling
pension fund investments.
She formerly was the founding and managing partner of the New York law office of Barrack, Rodos & Bacine, where she represented public and labor
pension funds seeking to recoup billions of
dollars from those who committed corporate fraud on Wall Street.
This fact is illustrated in Figure 3, where we report the estimated gains
from the
pension enhancements in
dollars for the four groups of educators
from Figure 2.
where hedge - fund
dollars are used to support causes ranging
from criminal justice reform to reducing the costs of public
pensions (including those held by veteran teachers).
Pension costs, excluding Social Security and retiree health insurance, have grown
from $ 520 per student in 2004 to $ 1,220 today in current
dollars — or
from roughly 5 percent to 10 percent of current expenditures per student.
Teach for America's major donors include the Bill & Melinda Gates Foundation; the Walton Family Foundation, run by the heirs to the Walmart fortune; the Eli & Edythe Broad Foundation, run by the real estate billionaire and Democratic donor; and the Laura and John Arnold Foundation, where hedge - fund
dollars are used to support causes ranging
from criminal justice reform to reducing the costs of public
pensions (including those held by veteran teachers).
In addition to the non-fiscal benefits attached to educational choice, the program can relieve pressure for district budgets
from rising
pension costs (for each one million
dollars spent on the program, I estimated that the state would save almost half of that amount, while school districts would save almost $ 700,000).
Thanks to a series of deals Philadelphia struck with the AFT local, along with increases in
pension contributions, led to a 53 percent increase in spending on teachers» benefits between 2002 - 2002 and 2011 - 2012, according to data
from the U.S. Census Bureau; benefits accounted for 27 cents of every
dollar spent on teacher salaries in 2012, versus 21 cents a decade earlier.
Democrats for Education Reform Illinois (DFER - IL) Calls for Comprehensive Education Funding and
Pension Reform in Statement from the State Director Illinois pension liabilities are consuming vital state dollars and crowding out money for educa
Pension Reform in Statement
from the State Director Illinois
pension liabilities are consuming vital state dollars and crowding out money for educa
pension liabilities are consuming vital state
dollars and crowding out money for education...
Without real
pension reform, hundreds of schools across those districts may have to cut programs, increase class sizes or lay off teachers as more and more new state
dollars are directed away
from operations toward retirements.
Daley quickly sought permission
from Springfield to divert district
pension dollars to other uses and saw the school system take its first partial
pension holiday.
As no payments have been made
from the
pension in the 2016 — 17 financial year, the fund must pay David a minimum amount of $ 820.00 (rounded to the nearest 10 whole
dollars) prior to the commutation.
For our example, we'll assume no
pension, so we subtract the $ 20,000 in Social Security benefits
from the $ 42,000 required retirement income leaving us with an annual retirement income shortfall of $ 22,000 (in today's
dollars).
Elder Expert / Affinity Fraud Scam Alert
from MoneyTrack Episode 204 (2007) The Rowanos of California were among 129 senior citizens scammed out of their
pensions for a total of ten million
dollars by Jeff Butler, a «senior specialist.»
The study also analyzed the four plans that commissioned it and found that up to 80 cents of every
pension dollar comes
from investment returns.
New York City is suing five of the largest oil companies over the billions of
dollars it spends protecting the city
from the effects of climate change, and it plans to divest its
pension funds» $ 5 billion in assets involving fossil fuel producers, Mayor Bill de Blasio announced Wednesday.
(03/30/2012) At the same time that it is committing hundreds of millions of
dollars a year to protecting rainforests, Norway is investing more than 13 billion
dollars a year via its
pension fund in dozens of companies linked to deforestation, alleges a new report
from Rainforest Foundation Norway and Friends of the Earth Norway.
Despite this initial failure and despite the ongoing credit crunch biting, proponents of the property derivative market are optimistic, buoyed by a period of record trades in the property derivatives market (currently a trillion
dollar market) as dealers, institutional investors, portfolio managers,
pensions, hedge funds, insurance companies and other end users turn
from bricks and mortars to derivatives.
A Jacksonville resident, Curtis Lee, sought public records
from the Jacksonville Police and Fire
Pension Fund, which wanted to charge him hundreds of
dollars in fees.
Before we proceed I would like to say that I wouldn't place ANY credability with any professional that doesn't have the ability to make 100 % of their living / daily
dollar in that profession and had to rely on supplementary income
from pensions and part / time full time alternative jobs.