Former Enron pension plan participants to finally receive benefits
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Over 17,000 former Enron or Enron-affiliated workers, who had money tied to four pension plans when the company collapsed in 2001 amidst revelations of accounting fraud, will receive their benefit payments.
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Part-time workers, contractors, and early retirees who usually wouldn't qualify for corporate health insurance could get coverage under a plan unveiled yesterday by a consortium of dozens of large companies.
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Oct. 11 issue - IBM retirees will get their cash, but what&#39;s it to you? It&#39;s too soon to tell. Last week IBM agreed to pay $300 million to settle old pension claims, and agreed to pay $1.
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Enron Corp. (ENRNQ.PK: Quote, Profile, Research) will pay $321 million from the proceeds of its sale of its pipeline arm to fund pension plans for thousands of former
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WASHINGTON -- The Bush administration unveiled a proposal yesterday to make it easier for companies to enroll workers in pension plans such as 401(k)s, a move supporters hope will increase participation.
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Defendants in the first Enron Corp. criminal trial launched their defense on Monday, according to a Reuters report. The trial of two former mid-level Enron employees and four former Merrill Lynch bankers for
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The federal agency that protects private sector pension plans announced yesterday that the maximum annual benefit for plans taken over in 2005 will be $45,614 for workers who wait until age 65 to retire.
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Enron Corp. creditors will receive $149.2 million to settle lawsuits related to commercial paper that the energy trader bought back shortly before its December 2001 bankruptcy filing.
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Nepalese Gurkha soldiers who have been fighting for Britain but receiving unequal retirement benefits since the days of the British Empire will finally receive the same pensions as the rest of the army, the government said Thursday.
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For most of us, it's the holiday season. But for a growing number of federal employees, it is also the farewell season. They are embracing the next stage of their lives: retirement.
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Three former NatWest bankers are due in a UK court to face an extradition hearing in connection with the collapsed energy giant Enron.
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Two former Enron executives are set to appear in court in Houston in the first criminal trial involving Enron staff since the firm's collapse in 2001.
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Sweeping new rules aimed at prodding companies into shoring up their pension plans and ensuring that workers get the retirement benefits they've been promised are about to become law.
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Enron Corp.'s ENRNQ.PK former  director of investor relations has agreed to pay $1.49 million  to settle fraud charges related to the bankrupt energy company,  U.S. securities regulators said on Wednesday.
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The NFL and NFLPA have taken steps in recent days to make it easier for some injured former players to collect disability money.
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Credit Suisse Group Inc.  will pay Enron Corp. creditors $61.5 million to settle a lawsuit related to equity transactions, the successor to the bankrupt energy trader said on Friday.
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Franklin Raines, who was forced out as Fannie Mae&#39;s chief executive after five years, is slated to receive a monthly pension of more than $114,000 for life, according to documents the mortgage lending giant filed Monday with the