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Saturday, March 30, 2013

03/30/13 COMPREHENSIVE REAL-TIME NEWS FEED FOR PENSION


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  • Ronnie Ludwig: Personal allowance increase financed by bringing more into higher rate 2013-03-30, 10:26 am
    ... real terms. As announced in the Autumn Statement in December, from next April the maximum annual contribution to a pension will be lowered to A 40,000 a year. Combined with the reduction in the total pension lifetime allowance to A 1.25 million, ...
  • Savings2Income Comments on Recent Tax Law Changes and Retirement Income Planning 2013-03-30, 10:09 am
    On March 30, developer of the Savings2Income planning method, Jerry Golden, comments on an article from CBS News Market Watch that discusses re-examining tax strategies in planning for retirement.
  • Why Social Security Cuts Are Inevitable 2013-03-30, 09:31 am
    ... left workers increasingly reliant on government programs to replace the substantial reduction in employer-provided pension benefits that's been occurring gradually for decades. Decisions in the past year from General Motors ( ) mark just the latest ...
  • Are Pensions Dead? 2013-03-30, 08:45 am
    ... gold watch to, for every single month until the day he died. But those days are nearly over. Not your grandfather's pension Pensions have become a much smaller piece of Americans' retirement savings mix over the past several decades. Specifically, ...
  • I am planning my will but need advice. What is the best way to pass... 2013-03-30, 07:33 am
    ... each of the seven grandchildren, to be invested in a low risk vehicle until their 21st birthdays. 2. Put 120k in a pension for each of my daughters, which they can start drawing on when they reach 60. 3. The remaining sums to be divided between my ...
  • Hoosier Lottery expands hours that tickets can be sold 2013-03-30, 03:00 am
    ... have criticized as more aggressive. In Indiana, lottery revenues are used to reduce motor vehicle taxes and to fund pension and retirement funds for teachers, police and firefighters.
  • Watchdog 2012-03-28, 03:00 am
    Now that the holidays are past, it is time for federal lawmakers to get down to business, and at the top of the list for President Barack Obama is a new and vigorous push for comprehensive gun-control laws in the United States.
  • Pension rule change means striking the right balance 2013-03-30, 09:07 am
    ... week amid fears that it could leave some people destitute later in retirement. The maximum amount of income that pension drawdown investors can take from their savings has gone up after the government eased restrictions imposed two years ago. News ...
  • Personal allowance increase financed by bringing more into higher rate 2013-03-30, 09:07 am
    ... real terms. As announced in the Autumn Statement in December, from next April the maximum annual contribution to a pension will be lowered to A 40,000 a year. Combined with the reduction in the total pension lifetime allowance to A 1.25 million, ...
  • Governor OKs NM educationala 2013-03-30, 07:22 am
    Gov. Susana Martinez has signed a measure into law to shore up the long-term finances of the state's pension system for teachers and other educational workers.
  • Accolades to a retiring Ray 2013-03-30, 06:52 am
    ... later, I hired Ray to do a regular once-a-week gig on "Here and Now." By any standard, he was a hit. But I'd bet my pension cheque, as small as it is, that Ray Guy had many more fans than he did detractors throughout the years. Even many of those he ...
  • No to highway tolls, yes to extracurriculars in teachers' job descriptions: Poll 2013-03-30, 06:02 am
    ... Studies have shown public servants are far more likely than workers in the private sector to receive defined benefit pension plans, where the level of benefits is guaranteed after retirement. The Tories have suggested that defined contribution plans ...
  • Our View: Small step in pension reform 2013-03-30, 05:30 am
    We don't often agree with Illinois Gov. Pat Quinn, but his statement this week regarding pension reform was correct: The pension reform bill passed last week in the Illinois House is a good start.
  • A free lunch? 2013-03-30, 04:21 am
    ... already maximized your RRSP limit -- or maybe because you don't have one because you're not working or you have big pension adjustments -- then absolutely you should put your savings into the TFSA." Lussier says people should get a little ...
  • When the housing dries up, what next? 2013-03-30, 04:17 am
    ... is entering retirement and as they do a continuingly larger number require increased access to healthcare, services, pension and amenities as well as clean, safe and affordable housing opportunities. These should be services provided to our ...
  • Tax Tips: Question arises on 401(k) refund 2013-03-30, 04:07 am
    Knoxville-area accountants are offering advice through our Tax Tips column, which will appear each Saturday in the Business section until the April income tax filing deadline.
  • California needs to fill teachers' pension gap 2013-03-30, 03:07 am
    ... for law enforcement, allowing officers to retire at 50 and get up to 90 percent (or more) of their final pay as a pension, was hatched then and adopted by cities and counties up and down the state. CalSTRS gets $1.4 billion a year from the state and ...
  • Steven Greenhut: Pensions at heart of bankruptcy 2013-03-30, 03:00 am
    ... protected. Granted, no one should feel too sorry for the lenders (and their insurers) who put money in Stockton's pension-obligation bonds. They knew the risks that come with lending money to a city especially one controlled by its employee unions. ...
  • Ex-Detroit Lion Lem Barney files age discrimination suit against Detroit Medical Center 2013-03-30, 03:00 am
    ... Why don't you just retire already?" Killebrew could not be reached for comment Friday. Barney explained that his pension was small and that he did not plan to retire until he turns 70, the lawsuit said. His pay eventually was cut from $80,000 to ...
  • Saint Francis Hospital glitch hits worker retirement plans 2013-03-30, 03:00 am
    ... conversion was a new payroll system and HR system. "The file necessary to effectuate the transfer of funds for the pension required data to be pulled from multiple sources. Management is working as quickly as possible to fix this issue," he said, ...

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