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Tuesday, April 16, 2013

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Republican opposition is growing to a bipartisan Senate plan for expanding background checks for firearms buyers.

http://www.news10.com/story/21992451/french-ministers-get-low-grades-from-money-experts

Oregon Democrats' tax plan could have vote with PERS bill

A tax package setting a new top rate for corporations and limiting some deductions and exemptions for high earners could get a committee vote tomorrow in the Oregon Legislature.

http://www.oregonlive.com/politics/index.ssf/2013/04/oregon_democrats_tax_plan_coul.html

Grand jury dings San Mateo County for failing to rein in soaring...

San Mateo County doesn't have enough money to cover promised retirement costs that could total $2 billion, not the $1 billion estimated by the agency managing employees' pension fund, a civil grand jury concluded in a report released Monday.

http://www.willitsnews.com/ci_23033143/grand-jury-dings-san-mateo-county-failing-rein?

Reading Health Systemlays off 210 employees

The parent company of Reading Hospital, Reading Health System, laid off 210 employees today as part of a cost-cutting plan that also will eliminate an additional 181 jobs through attrition and change the employee retirement package from a defined-benefit pension to a 401 plan.

http://lucianne.com/thread/?artnum=731429

The CalPERS millstone

As reported below, CalPERS, the state retirement system, meets today to vot on new accounting practices, though this could mean - worst case - a rate increase to Stockton of 50 percent.

http://blogs.esanjoaquin.com/stockton-metro-columnist/2013/04/16/the-calpers-millstone/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+stockton-metro-columnist+%28Record+Metro+Columnist+Michael+Fitzgerald%27s+Blog%29

Royce Funds Commentary - Chile: Reaching Potential for Future Possibilities

... of all sectors is that they can rely on a stable savings system. In 1981, Chile implemented a fully funded private pension system based on individual accounts managed by AFPs (Administradoras de Fondos de Pensiones)-or private pension fund managers. ...

http://www.gurufocus.com/news/216621/royce-funds-commentary--chile-reaching-potential-for-future-possibilities

How to Reach My Goal of $100K/Year of Passive Income?

Gotta say, I never could have imagined how well this would be turning out to be.

http://www.gurufocus.com/news/216606/how-to-reach-my-goal-of-100kyear-of-passive-income