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Retirement

A collection of news and information related to Retirement published by this site and its partners.

Top Retirement Articles

Displaying items 89-99
  • Labor board orders L.A. Council to rescind pension cuts for workers

    Labor board orders L.A. Council to rescind pension cuts for workers
    A five-member panel that handles labor complaints at Los Angeles City Hall handed a stinging defeat to the city's political leaders on Monday, voting to strike down Los Angeles' bid to rein in retirement costs for civilian employees. The Employee...
  • Labor board orders L.A. to rescind pension cuts for new workers

    A labor relations panel moved Monday to strike down a 2-year-old law that rolled back retirement benefits for newly hired Los Angeles city employees, handing a defeat to the politicians who are trying to rein in growing employee pension costs. The five-...
  • The truth about Social Security and Medicare, straight from the trustees

    CHICAGO (Reuters) - If you worry about the future of Social Security and Medicare, this is the week to get answers to your questions. The most authoritative annual reports on the long-term health of both programs were issued on Monday, and while the...
  • Privatization not the answer to Social Security's computer woes [Letter]

    Privatization not the answer to Social Security's computer woes [Letter]
    Letter writer Thomas F. McDonough has it all wrong ("Social Security boondoggle proves conservatives' point," July 29). Not so long ago, the Social Security Administration was faced with a similar programming embarrassment. There was a scandal involving...
  • Letter: Pension reform is a lofty goal

    The Glendale Coalition for Better Government is encouraged by the op-ed piece penned by Councilwoman Paula Devine and welcomes her objective for pension reform. It takes courage to make the hard choices and right a wrong that has handicapped city...
  • Lawmakers, go first. No more pensions.

     Lawmakers, go first. No more pensions.
    Illinois lawmakers are busy* this summer. (*Campaigning, golfing, fundraising.) The House and Senate adjourned in May and won't reconvene until Nov. 19, the start of the fall veto session. We don't know whether the Illinois Supreme Court by then...
  • Commentary: COIN ordinance is saving taxpayers money

    At the last Costa Mesa City Council meeting, I was pleased to see savings of more than $1 million result from negotiations with employees. The transparency of COIN confirmed this success. COIN, the Civic Openness in Negotiations ordinance, requires...
  • Hollywood challenging extra pension checks sent to retirees last year

    Hollywood challenging extra pension checks sent to retirees last year
    Retired cops, firefighters and City Hall employees sometimes get an extra payday known as the 13th check. It comes each year the pension funds have robust earnings and has ranged from $200 to more than $26,000. But it comes at a cost to taxpayers: The...
  • Citi to pay $7 billion to settle mortgage securities probe

    Citi to pay $7 billion to settle mortgage securities probe
    Citigroup Inc has agreed to pay $7 billion to settle a U.S. investigation into shoddy mortgage-backed securities the bank sold in the run-up to the financial crisis, including the largest civil fraud penalty ever levied by the U.S. Justice Department....
  • Corbett draws links between pensions and school tax hikes

    HARRISBURG — As Gov. Tom Corbett reasserts his case for changing the retirement benefits for future state and school workers, he has emphasized a connection more tangible to voters than that of state budget pressures: increases in local property...
  • Citi settlement will recoup Illinois pension losses

    Illinois will receive $84 million as part of a national $7 billion settlement resolving allegations by federal and state authorities that Citigroup Inc. sold risky mortgage-backed securities that harmed investors, which included pension systems and...