So we have a new feature out today, “Looting the Pension Funds,” that looks at the blame game being played with state and municipal fiscal crises and the hiring of ultra-expensive “alternative investments” like hedge funds as a key trend …
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In May of 2013, the Pew Charitable Trusts released a report that sounded a frightening alarm. Titled “Retirement Security Across Generations” and widely cited throughout the national media, the study found that a lack of retirement savings, less guaranteed pension …
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Senate Health, Education, Labor and Pensions Committee Chairman Tom Harkin, D-Iowa, unveiled two proposals Friday to address what he calls “disappearing pensions.”
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A campaign is being waged by pension fund critics to push the Legislature to quickly enact “reform” measures.
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Rates of poverty among older households lacking pension income were approximately nine times greater than the rates among older households with DB pension income in 2010, up from six times greater in 2006 a new study calculates.
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In the past decade the number of California workers with access to a retirement plan at work has plummeted.
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