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Retirement Plans - News Articles
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Jun 26, 2008
Winnipeg Sun, Canada -
By ROSS MAROWITS, THE CANADIAN PRESS MONTREAL -- Employers need to be given the financial flexibility to preserve defined benefit pension plans that most benefit employees, says a special adviser to the Canadian Institute of Actuaries. ... -
Thursday, June 26, 2008
CNW Telbec (Communiqués de presse), Canada -
The site is protected and accessible only to members of Standard Life group savings and retirement plans. Members can easily customize their home page, monitor their investments, seek guidance, understand income needs and gaps, and be more proactive in building their retirement assets, ... -
Jun 25, 2008
Chicago Tribune, United States -
Boeing Co. announced a new retirement plan similar to a 401(k) program for non-union new hires. "This new approach addresses new employee preferences for retirement programs that offer flexibility and portability and responds to market trends and practices of peer companies," said Rick ... -
Jun 25, 2008
Seattle Post Intelligencer -
The Boeing Co. said it's changing its retirement program for new, nonunion workers, replacing its traditional pension plan with one that's similar to a ... -
Jun 24, 2008
Ottawa Business Journal, Canada -
By Ottawa Business Journal Staff Lawyers acting on behalf of Nortel Networks employees commenced a national class action lawsuit Tuesday alleging the telecommunications firm failed to provide its employees with reasonable notice of changes to their pension plan. ... -
Jun 25, 2008
Business Insurance, IL -
OTTAWA—Nortel Networks Corp. did not give workers proper notice its intention to terminate its defined benefit pension plan and retiree health care benefits to eliminate coverage for employees who were not at least 50 years old with five years of service on ... -
Jun 24, 2008
Canada.com, Canada -
OTTAWA - An Ottawa law firm is leading a suit against Nortel Networks Corp. over major changes to employee pension plans aimed at generating $100 million in annual savings for the troubled company. Nelligan O'Brien Payne is seeking class-action certification for employees who saw their ... -
Jun 24, 2008
Toronto Star, Canada -
OTTAWA – Nortel Networks Corp. is facing a class action lawsuit stemming from changes the company made to its pension plan in 2006. The suit was filed with Ontario Superior Court on Tuesday on behalf of Nortel employees from across ... -
Jun 24, 2008
Globe and Mail, Canada -
Nortel Networks Corp. is facing the prospect of a class-action lawsuit stemming from changes the company made to its employee pension plan two years ago. The lawsuit was filed in Ontario Superior Court yesterday by the Ottawa law firm of Nelligan O'Brien Payne ... -
Thursday, June 26, 2008
Inside Rockland, NY -
It took about 15 years for the officers to notice that their retirement plans were different from what other officers have. And in 2004, the Policemen’s ...
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Thursday, June 26, 2008
WHAG, MD -
Workers said the main concern is the preservation of their pension plan. They are hoping for a contract that will recruit and retain qualified, experienced employees. Staff members said the hospital wants to change the traditional pension plan to a 403b plan, ... -
Jun 26, 2008
Waterloo Record, Canada -
Employers need to be given the financial flexibility to preserve defined benefit pension plans that most benefit employees, says a special adviser to the Canadian Institute of Actuaries. Claude Lamoureux said the law must be changed to raise the maximum tax-deductible limit ... -
Thursday, June 26, 2008
Chicago Tribune, United States -
By DAVE CARPENTER | AP Business Writer CHICAGO - Once just a supplement to the pension system, defined-contribution plans such as 401(k)s are growing and changing fast as they evolve into a linchpin of Americans' retirement savings and offer increasingly innovative investment options, a ... -
Jun 26, 2008
Globe and Mail, Canada -
When Ontario Teachers' Pension Plan chief executive officer Claude Lamoureux was feted at his retirement party last December, he gently teased long-time colleague Bob Bertram about the ever-increasing size of the giant pension fund's investment arm. "Bob, for ... -
Jun 26, 2008
The Gazette (Montreal), Canada -
Unless governments do their part to encourage defined-benefit pension plans in the private sector in Canada, they might end up having to support a lot more Canadians in retirement, the former head of the Ontario Teachers' Pension Plan, Claude Lamoureux, warned yesterday during a visit ... -
Jun 26, 2008
Toronto Star, Canada -
The Canadian Institute of Actuaries is calling on the federal and provincial government to hold a national summit to discuss the country's ailing pension ... -
Jun 26, 2008
San Diego Union Tribune, United States -
Age 55: 67 percent of pay under current benefits, 25.9 percent under Sanders' plan and no retirement benefits under the compromise proposal supported by City Council President Scott Peters. Age 60: 89 percent of pay under current benefits, 48.5 ... -
Jun 24, 2008
WNGO, KY -
covered by the state retirement system. Lawmakers are moving ahead with the special session and are on pace to pass the proposed overhaul by Friday. The proposal would, among other things, put the state on a schedule to gradually increase ... -
Jun 24, 2008
Kentucky.com, KY -
The state House is expected to give its approval Wednesday morning to a bill aimed at bolstering the state retirement system, which is the subject of this week's special legislative session. Lawmakers met briefly Tuesday morning to give that legislation its second official ... -
Jun 25, 2008
Louisville Courier-Journal, KY -
By Stephenie Steitzer • ssteitzer@courier-journal.com • June 25, 2008 FRANKFORT, Ky. -- The House is expected to approve a pension reform bill this morning and send it to the Senate. ...
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