Pension plans raise concerns
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NEW YORK -- The corporate pension crisis seems to be going from bad to worse. First, companies struggled to come up with the money to cover their benefit obligations, and now they want to ditch their plans altogether.
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As many pension plans have failed in the past three years, some high earners who retired early have been left with pensions much lower than they expected.
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WHAT'S POSSIBLE: Social Security disability benefits may not be safe from the across-the-board cuts that are likely in President Bush's proposal to allow personal investment accounts.
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Britons may need to delay retirement to make up for a lack of pension savings, Work and Pensions Secretary Alan Johnson wrote in today&#39;s Observer newspaper.
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Unions consider strike calls over plans to raise public sector workers' pension age.
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Millions of people in Britain face an impoverished old age unless urgent steps are taken to cope with a reported Â£57bn gap in pension provision caused by longer lives, earlier retirement and inadequate saving, a government report will warn tomorrow.
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Your 401(k) plan may be costing you more than you think.
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Continental Airlines Inc. and Northwest Airlines Corp. pilots might offer to revamp their pensions after a United Airlines threat to terminate its pension plans to save money sparked worker fears that a trend might be starting.
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By Malcolm Moore, Economics Correspondent (Filed: 28/08/2004). The US may not be able to fund its pensions and healthcare commitments, and must make changes soon, Alan Greenspan, chairman of the Federal Reserve, warned yesterday.
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Controversial proposals to change the civil service pension and up the retirement age to 65 are published.
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Where to retire depends on more than just money.
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The removal of the president of California&#39;s largest public pension fund has raised questions about whether pension funds, endowments and other big activist investors can keep wielding clout in corporate governance campaigns.
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If you've got a pension, you're in the minority of workers today. Here are some tailor-made tips for you.
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The pensions of 40,000 workers at Turner & Newall are in danger amid reports that its parent firm will not continue to fund the company's scheme.
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Hundreds of thousands of people are wrongly told they have a gap in their tax records that could affect their pension.
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Pension plans may have lower investment gains when they use consultants who have undisclosed conflicts of interest, according to a new report.
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Everybody at the NFL Players Association is very concerned. They told us so yesterday when the subject of aging and down-on-their-luck former players with minimal pension benefits and poor disability coverage was raised at a union press conference. It came five hours after a small group of former players ripped the union and the league for doing too ...