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- The California Pension Crisis Is an Increasing Drag on Cities and Counties
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Corporate Pensions News last updated October 17 7:37am PST
The complete text of these articles was e-mailed to subscribers.October 17th, 2017
October 16th, 2017
- Central States Is the Plan That Will Take Down the PBGC and Eventually the Entire US Pension System (blog - John Bury / Burypensions)
- Another Union Plan Withdraws Its Application to Suspend Benefits (blog - John Bury / Burypensions)
- The World Turned Upside Down (newsletter - John Mauldin / Mauldin Economics)
October 13th, 2017
- Five Major Developments in Rhode Island's St. Joseph Hospital Pension Fund Collapse (GoLocalProv)
- Receiver for Rhode Island Hospital Pension Fund Withdraws 40% Cut Proposal (Patrick Anderson / Providence Journal)
- Teamsters Rally at UPS in Springfield, Missouri to Fight 20% Pension Cuts (KY3)
- PBGC Premiums, Pension Costs to Go Up Next Year (Nick Thornton / BenefitsPro)
- Why Is Corporate America Issuing Debt to Fill the Holes in Pension Plans? (Sunny Oh / MarketWatch)
October 11th, 2017
- American Miners Pension Act Sparks Regional Divide in Congress (Ben Wolfgang / Washington Times)
- Revised IRS Mortality Tables Will Raise Pension Costs (Stephen Miller / Truth in Accounting)
October 10th, 2017
- Rhode Island Hospital Workers' Pension Plan on Life Support (Lynn Arditi / Rhode Island Public Radio)
- Boeing Setting Bad Precedent With Risky Pension Scheme (Rich Duprey / Madison.com)
October 5th, 2017
- American Miners Pension Act Introduced in Congress (Wendy Holdren / Bluefield Daily Telegraph)
- A Coal Miner Pension Bailout Could Set the Stage for a Multi-Trillion-Dollar Taxpayer Bailout. Don't Do It (commentary - Rachel Greszler / Fox News)
- 1,000 St. Joseph Retirees Hear Horrors of Impact of Pension Fund Collapse in Rhode Island (GoLocalProv)
- Average CEO Has to Make Do With $253,088 in Monthly Pension Payments (David Lazarus / Los Angeles Times)
October 4th, 2017
October 2nd, 2017
September 28th, 2017
- 'Orphans' of St. Joseph Pension Plan Fear Worst (Ethan Shorey / Valley Breeze)
- BREAKING: Local 805 Pension Fund of New York Withdraws Its Application for Benefit Suspensions (blog - John Bury / Burypensions)
- Trump's Tax Plan: How the Corporate Tax Cut Will Benefit Pension Plans (Brittany De Lea / Fox Business)
- When Warren Buffett Runs Your Pension Plan (Noah Buhayar / Bloomberg)
September 27th, 2017
September 26th, 2017
September 25th, 2017
- Western States Multiemployer Pension Fund Refiles for Benefit Cuts (blog - John Bury / Burypensions)
- PBGC Claims Huge Hole in Westinghouse's Pension Plan (Tom Hals / Reuters)
September 21st, 2017
September 20th, 2017
September 15th, 2017
- New York Teamsters Pension Cuts to Take Effect Despite 2-1 Opposing Vote; Most of 34,000 Eligible Don't Return Ballots (John Cropley / Daily Gazette)
- Retired New York Teamsters' Pension Payouts to Shrink by 30% (Ginger Adams Otis / Daily News)
- About 5,200 Teamsters in Western New York to See Pension Benefits Cut (Matt Glynn / Buffalo News)
- Down $20 Billion, Boeing Stuffs Pension Fund With Its Own Shares (Katherine Chiglinsky, Julie Johnsson & Brandon Kochkodin / Bloomberg)
- Sears Pension Fallout a Reminder That Savings Should Be Diversified (Dan Healing / Globe and Mail)
September 14th, 2017
- Breaking News on New York State Teamsters' Vote and MPRA Update (blog - John Bury / Burypensions)
- New York Teamsters Approve Slashing Pension Benefits to Retired Members (Tom Hals / Reuters)
September 8th, 2017
- "Biggest Pension Event in My Lifetime" (blog - John Bury / Burypensions)
- New York Teamsters Weigh Pension Cuts in Groundbreaking Vote (Tom Hals / Reuters)
September 7th, 2017
September 6th, 2017
- Hundreds of Former MLB Player Were Denied a Pension. Now They're Earning a Fraction of Today's Pension Benefits (Tim Grant / Post-Gazette)
- Owner of Pawtucket, Rhode Island Hospital Promises 'Solution' for Troubled Pension Plan (Associated Press / US News)
September 5th, 2017
- Bankruptcy Dominoes: Murray Energy → UMW → PBGC (blog - John Bury / Burypensions)
- New York State Teamsters Near Decision Point on Big Pension Cuts (John Cropley / Daily Gazette)
- St. Joseph's Pension Fund Bankruptcy Could Be Just One of Many in Rhode Island (GoLocalProv)
August 31st, 2017
August 30th, 2017
August 28th, 2017
- Memo to Trump: There Is No Looming 'Retirement Crisis' (op-ed - Andrew G. Biggs / Wall Street Journal)
- Will the GOP Destroy the 401(k)? (Jeff Spross / The Week)
- Rhode Island's St. Joseph Pension Fund Shortfall Is More Than $160 Million (GoLocalProv)
- No One Was Protecting St. Joseph's Pension Fund (editorial - Providence Journal)
Copyright 2017 by PensionTsunami.com