Hints and tips:
...“This includes employers, who could face increased costs because they can no longer rely on investment returns from riskier assets to fund pension promises,” he said....
...Workers must set aside money to get an employer match and then manage their own funds through volatile markets....
...Employers are not obliged to pay into a pension plan chosen by their workers....
...Union leaders say they have enough funds to support the striking workers — who currently receive about 130 per cent of their pay from unions to cover holidays and pensions as well — for decades as the emergency...
...It added that the PPF continued to play a “crucial role” in protecting people with a defined benefit pension when an employer becomes insolvent....
...Ultimately, the SEC sided with the pension funds — though it would take until 2021, when Democrats were back in power after the Trump presidency, for universal proxy changes to be finalised....
...After all, with nearly one in four Italians aged 65 or over, who but immigrants can look after them or fund their pensions?...
...The Big Read Once an investment backwater, infrastructure has become a favoured area for pension funds seeking yields and protection against market volatility....
...to unions specialising in the sector....
...The unions have made it clear they are not interested in such an approach. The employer isn’t interested either. Lord Davies of Brixton House of Lords, London SW1, UK...
...to a solidarity fund, and raise the minimum state pension....
...The union was boosted on Friday by a monitoring report from USS, the sector’s pension fund, showing that economic conditions had made improving pension benefits more affordable than thought....
...The first challenges cuts to retirement benefits, made to plug a £14bn deficit in the Universities Superannuation Scheme, the sector’s pension fund, which was identified as global markets crashed in 2020...
...It has made a fairer and healthier pensions system a prerequisite for doling out billions of euros of EU recovery funds....
...Like its economy, Japan’s stock market has for many years been regarded by global fund managers as unique among its developed-world peers....
...Diane Swonk, US chief economist at KPMG, says unusually low levels of lay-offs and a drop in hours worked suggested that some of the job market’s strength was due to employers “hoarding” labour....
...It is easy for employers and trade unions to throw blame. But that doesn’t get us very far....
...More health workers will strike over pay in the UK this week, but unions have heeded the offer of meaningful negotiations by the NHS employers....
...It also called for a reversal of cuts to sector pensions, made to plug an estimated £14bn deficit in the sectors’ pension fund....
...It has also called for a reversal of cuts to retirement benefits, made to plug a deficit in the sector’s pension fund that emerged as markets crashed at the onset of the coronavirus pandemic....
...To fund the collateral calls, some pension schemes have resorted to asking employers backing their plans for cash....
...The attempts to step up pressure on employers by the union followed publication late last week by the Universities Superannuation Scheme (USS) that showed the sector’s £77bn pension fund had a surplus of...
...“They exact more damage on the employer, and also on the workers, who can’t have a strike fund.”...
...Members of the TSSA train managers’ union are due to embark on industrial action at the same employers on the same days....
...Workers are leaving pension schemes or cutting their contributions, trade unions say, as the cost of living crisis prompts desperate measures that will reduce their retirement funds....
International Edition