TRENTON, N.J. — The New Jersey Senate on Monday passed a bill sponsored by Sen. Vince Polistina to expand pension benefits for teachers by including compensation earned from extracurricular activities…
By Ana Isabel Martinez MEXICO CITY (Reuters) – A reform proposed by Mexican President Andres Manuel Lopez Obrador for retirees to have a pension equal to their final salary will…
TRENTON, NJ – A new bill is under consideration in New Jersey, aiming to intensify pension forfeiture regulations for public officials. This bill requires the board of trustees of any…
LONDON (Reuters) – Artificial intelligence should improve pensions performance by cutting costs and highlighting upcoming risks, the Mercer CFA Institute’s global pensions report said on Tuesday, with the Netherlands in…
By Joseph White DETROIT (Reuters) – After nearly four weeks of disruptive strikes and hard bargaining, the United Auto Workers and the Detroit Three automakers have edged closer to a…
TRENTON, NJ – Senator Declan O’Scanlon announced today the reintroduction of a bill aimed at revoking the pensions of government officials convicted of crimes while in office. Senator Edward Durr…
By Yoruk Bahceli and Carolyn Cohn LONDON (Reuters) – Britain’s pensions industry, Europe’s biggest, is posing a new challenge to the country’s 2 trillion pound ($2.5 trillion) government bond market…
MANILA (Reuters) – The Philippines risks losing its investment grade rating if it fails to reform an “unsustainable” military and uniformed personnel (MUP) pension system because it will constrain its…
By Sinead Cruise and Carolyn Cohn LONDON (Reuters) – Britain’s financial services industry has broadly cheered fresh government proposals to jumpstart the economy by channelling 50 billion pounds ($64.5 billion)…
LONDON (Reuters) – Two influential lawmakers in the United States and Britain accused HSBC on Friday of contributing to the oppression of people in Hong Kong by thwarting their attempts…
By Divya Rajagopal TORONTO (Reuters) – Glencore’s hostile bid for Teck Resources has galvanized some Canadian institutional investors, who have lobbied the federal government to push the nation’s biggest pension…
LONDON (Reuters) – Global public pension schemes and sovereign wealth funds managing more than $3 trillion in assets fear a combination of economic slowdown and higher inflation in the next…
BUCHAREST (Reuters) – Romania’s ruling coalition will hike state pensions by 12.5% from January and make cash payments to low-income pensioners throughout the year to help the country’s most vulnerable…
By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s new prime minister Giorgia Meloni needs urgently to rein in a bloated pension system which absorbs most social spending and…
LONDON (Reuters) – Iceland offers the best pension provisions, followed by the Netherlands and Denmark while Britain slipped a spot to 10th place in the world ranking, an annual survey…
ATHENS (Reuters) – Greek Prime Minister Kyriakos Mitsotakis said on Saturday the minimum wage would rise again next year and pensions would be increased for the first time since the…
HONG KONG (Reuters) – Residents leaving Hong Kong for good withdrew a total of HK$2.114 billion ($269.31 million) from their pension accounts in the second quarter of 2022, up 0.9%…
SHEFFIELD: Biden Paints Himself As Savior Of Pensions While 401ks Tank And Retirees Feel Heat From Inflation Carrie Sheffield on July 6, 2022 President Joe Biden visited an ironworkers union…
– Russian President Vladimir Putin has signed a law allowing his government to quickly raise pensions, part of a set of anti-crisis measures after Russia was hit by a wave…
ZURICH -The Swiss Trade Union Federation (SGB) decided on Friday to launch a campaign for a referendum on tapping into the Swiss National Bank’s cash pile to help shore up…
The State of New York announced that its retirement fund would divest $238 million from companies that are “not prepared for net zero transition.” The state will divest from 21…