Sentences with phrase «pension money into»

Q: I retired early and put my pension money into a «locked in» plan.
Archie, who has snuck out by telling his son (Michael Ealy) he's with a church group, manages to turn $ 15,000 of his pension money into $ 102,000 at the blackjack table, improbably funding the excursion and landing the guys a penthouse villa and their own personal VIP attendant (Romany Malco).
New York City Comptroller Scott Stringer added roughly $ 270 million of police and firefighter pension money into high - priced hedge funds in May after complaining about the fees — and pulling...

Not exact matches

First, consider what many of the readers who flipped ahead are thinking: «The smart money — the pension funds — are into real estate, infrastructure, and private equity.
Essentially, If you are enrolled in a pension plan, you now can roll over money from your employer's 401 (k) plan into the pension plan, increasing the amount of money in your monthly check during retirement.
«The largest pension plan in the world is Japanese, and they're increasing their allocations to equities, and that's going to represent quite a large amount of money going into the markets.
But a growing portion of the money flowing into hedge funds is coming from pension funds, run by investors who are more interested in consistent returns than outsized ones.
As the private deals get too big for VCs to underwrite on their own, some public money is making its way into them, through direct investments from mutual funds like Fidelity, Janus, and T. Rowe Price, and indirectly via pension - backed hedge funds and private equity.
Among other things, it needs to create — and enforce — mechanisms for businesses that rely on gig workers to put money into a central pot, which can then be used to fund portable health insurance, pensions, and other benefits that people can take with them from job to job.
Spotting the steady rise in clientele, money managers — from risk - seeking venture capitalists to boring old pension funds — have been getting into the death business.
In other words, people have to pay either so much debt or they have to have forced saving, like pension fund saving, that the economy is shrunk for financial reasons, for putting more and more of its money out of the real economy of goods and services into the financial sector.
And, over time, the employer's role in funding the plans would shrink: in 1989, employers contributed roughly 70 percent of the money that went into retirement plans; by 2002, employees» cash contributions outstripped company payments into retirement plans of all kinds — including traditional pensions.
The people who choose to pay into their pension and forgo SS should have the same risk as anyone who gives their money into an investment vehicle.
In the quest to compensate for low fixed income returns, pension funds have plowed money into stocks, private equity funds and illiquid and very risky investments, like subprime auto loan securities and commercial real estate.
Most managers running retail and pension money have no idea what a triple - hook rating means for any company with massive cash flow deficits operating in a financial environment in which the Fed is not printing trillions of dollars that can be recycled into bad ideas.
Pension obligations were expected to absorb only 5 or 10 percent of production costs, but now they are absorbing nearly all the reported profits, and threaten to eat into the money available to repay the banks and bondholders.
The (workers pension) money is put into company stock, as in Enron or Bear Stearns.
Other measures include tougher action to halt the transfer of money from occupational pension schemes into fraudulent ones
While 80 percent of plan participants are interested in putting some money into annuities, those who have a pension rather than a 401 (k) or other DC plan aren't quite so ready to jump in.
He said the latest fad in pension management land is to shift money out hedge funds — which are woefully underperforming the market — and to put even more money into private equity funds.
Every pension fund under the sun in this country — because rates are so low — has monthly negative outflows of cash: beneficiaries are being paid more money than is flowing into the fund.
If a pension manager deposits $ 2 billion into the fund, it puts pressure on the Wellington management team to deploy that money effectively.
Why not just keep the money I would have otherwise put into a pension and enjoy it now?
Trump can put a little more money into the pockets of coal executives, the ones trying to escape pension and health care obligations to retirees even as they hoover up bonuses.
The distinctions between needs and wants will be different for everyone, but once you have your list, it makes sense to match essential expenses with guaranteed income — money that you can't outlive — like Social Security, pensions, and lifetime annuities (which let you convert savings into guaranteed income).
«As I researched the idea of promoting savings in our sector, the idea of credit union came into mind and I said that's it because it dawned on me that majority of the people don't have savings accounts, insurance cover or even pension schemes and since I became the Chairman of GHAMRO I really felt the pinch because every now and then I get calls from members asking for advance payment of their royalty to either pay school fees, settle medical bills or to even solve other financial problems then I've realized that this vacuum has to be filled because GHAMRO doesn't have a policy to pay this type of monies».
Anxious to earn their assumed returns of 7 to 8 percent a year, pension funds across the country have been pushing more money into alternatives instead of traditional stocks and bonds.
The politicians locked our government into big pension offerings when the money was rolling in, and now need a sneaky way to pay them.
Escalating the tension on Tuesday, DiNapoli issued a report that was critical of the pension proposal that was baked into the budget and questioned Cuomo's desire for more control over how money is moved between agencies, warning it could lead to an erosion of oversight.
The statement read in part, «The commission, which preferred 24 charges against the ex-banker before Justice Babatunde Quadri of the Federal High Court, Maitama, Abuja, accused him of transferring N78, 521, 431.61 from the Federal Government Pension funds into private accounts held by nonpensioners in contravention of Section 15 (2)(b) of the Money Laundering Act 2011.
A select committee report several months later backed Ann Abrahams» call, saying the government was guilty of «maladministration» in advising people to take money that would have gone into their second state pension and place it in the private sector.
«More money is likely to pour into pension schemes, especially in years coming up to retirement.
They also admit that money cut from pensions will go to the Treasury to help pay off the deficit, not into pension schemes, which the union says amounts to a tax on working in the public sector.
I don't want people who are paying into the system to come up 20, 30 years from now be told: Sorry we don't have the money to give you the pension you are entitled to.»
So presumably, the less wealthy, after being told what to spend their money on by «society» for all their working years, reach pensionable age fully moulded by a paternalistic government into financially responsible citizens who will commit a significant amount of their time to research where they want to invest their pensions, and subsequently enjoy «regular updates on how their pension fund was growing» — because of course, like house prices, pension funds can only rise in value.
They said the intent of the General Assembly is to ensure that the money is directed only into the teachers» pension fund, not into the general fund for other spending purposes.
Cuomo raised eyebrows and embarrassed DiNapoli as he announced a series of multimillion - dollar settlements in the state pension - fund scandal and then disclosed that his office was looking into the comptroller's role in meeting with politically connected companies seeking control over the investment of pension - fund money.
So businesses could dupe their employees into taking 401ks by playing into peoples inherent greed by telling them what they COULD make in one under optimal conditions, all the while allowing the greedy employer to raid the fat pension trust funds, bankrupting them and then handing the bankrupt plans over to the PBGC and robbing the employees who expected that money to be there.
In addition, the government intends to publicise a little - used scheme that allows people who decided to take their second state pension to a private provider, but who subsequently face losing out, to get back into the state system for less money.
As WCBS 880's Rich Lamb reported, the city is pouring nearly half a billion dollars of pension fund money into backing 30 - year mortgages for affordable housing.
In a way, the public might thank the public wowrker for its pension funds which invest a lot of money every day into the stock market.
He said his office «will seek appropriate fines that take into account the money a corrupt official might derive from a publicly funded pension so that the punishment fits the crime and so that we can take the profit out of that crime.»
«That you Mohammed Ahmed Katun while serving as an Assistant Director, Pension Department of the Office of Head of Service of the Federation on or about the 14th day of August, 2009 within the jurisdiction of this Honourable Court, obtained by false pretences and with intent to defraud various sums of money amounting in the aggregate to N24, 660,675.00 (Twenty Four Million, Six Hundred and Sixty Thousand, Six Hundred and Seventy Five Naira only) from the Federal Government of Nigeria through the Pension Account held by the Office of the Head of Service of the Federation of Nigeria through fraudulent payments described as collective allowances into your bank account maintained with Ecobank Nigeria Limited (former Oceanic International Bank Plc) and thereby committed an offence contrary to Section 1 (1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.»
In return, Mr. Seabrook would direct money intended to cover correction officers» pensions into a high - risk fund.
«Over the years they have not put in enough money to meet the cost of new pension promises — they have put money into equities rather than bonds and that risk has not paid off.
Hon. Ifeanyi Ugwuanyi, for making the N9.972 billion received by Enugu State open and channeling it into payment of arrears of salaries and pensions as well as monies owed to contractors as President Buhari directed.
If state and local governments are required to pour money into pension debts, that's money they won't have available to support other government services, including higher education.
Instead, that so - called «found money» will also go back into the pension system.
Looking at his raised eyebrows, I dug deeper: «Besides, one third of state and local expenditure is for education, and all the money going into pensions and medical care for retired superintendents is coming at the cost of today's students.»
Walker's reforms have been credited for saving money, and they have been criticized for allowing districts to make teachers pay more into their pensions, taking away from out - of - pocket spending money.
a b c d e f g h i j k l m n o p q r s t u v w x y z