See on Scoop.it – futureproofmoney

For all our UK readers, who hope some day to collect pension benefits, we have two messages: i) our condolences, and ii) you won’t.   Why?

See on www.zerohedge.com

See on Scoop.it – futureproofmoney

Pensions minister Steve Webb will spend a day as an apprentice at online stock broker Hargreaves Lansdown.

See on citywire.co.uk

See on Scoop.it – futureproofmoney

This amount equals 15% of Detroit’s total annual all-source revenues estimated at $1.49 billion this year, and Orr agreed to do it while defaulting on pension bonds. This $225 million is not a debt; rather it represents 75% of …

See on investmentwatchblog.com

See on Scoop.it – futureproofmoney

Last week yet another missive on the lessons to be learned from Detroit’s bankruptcy was published, this time in Forbes Magazine by Jeffrey Dorfman, an economist at the University of Georgia.

See on www.flashreport.org

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SNP ministers have been accused of refusing to face reality over the pensions “turmoil” independence would cause charities and universities after they continued to blame the UK Government.

See on www.telegraph.co.uk

See on Scoop.it – futureproofmoney

Packing on the pensions: WI reps collect state retirement on the federal dime Kansas Watchdog “Congressional pensions are typically 2-3 times more generous than those offered to similarly-salaried workers in the private sector, and are even more…

See on watchdog.org