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Compensation and Benefits

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

Top Compensation and Benefits Articles

Displaying items 89-99
  • 5 year-end retirement tips

    With just weeks to go before the end of the year, here are five potential money-making/money saving retirement moves to consider. 1. Fully fund employer-sponsored retirement plan contributions. Unlike IRA's, the deadline for funding 401 (k), 403 (b) or...
  • Former River Forest police chief named deputy chief in Oak Park

    A law enforcement veteran with decades of experience in Chicago has been named a deputy chief of police in Oak Park, officials announced this week. Frank Limon was chosen out of more than 60 candidates in a four-month national search process, said Oak...
  • Judge approves Stockton bankruptcy plan; worker pensions safe

    A federal bankruptcy judge approved the city of Stockton’s bankruptcy recovery plan, allowing the city to continue with planned pension payments to retired workers. The case was being closely watched after the judge ruled this month that the city&...
  • Baltimore official who oversaw Circulator indicted on bribery, money-laundering charges

    Baltimore official who oversaw Circulator indicted on bribery, money-laundering charges
    A former city transportation official who ran the Charm City Circulator and water taxi programs has been federally indicted on charges that he took $90,000 in bribes — prompting city government to conduct a "thorough review of all internal...
  • Omega Healthcare strikes $3 billion stock deal for Chicago trust Aviv

    Omega Healthcare strikes $3 billion stock deal for Chicago trust Aviv
    Omega Healthcare Investors Inc. could become a $10 billion company under a deal the Hunt Valley-based owner of skilled nursing and assisted-living facilities announced Friday to acquire Chicago-based Aviv REIT Inc. The companies struck a stock-for-...
  • Rowland's Ex-Driver Wins Major Pension Increase, Including $177,000 Retroactive Payment

    Rowland's Ex-Driver Wins Major Pension Increase, Including $177,000 Retroactive Payment
    Former Gov. John G. Rowland's former state police chauffeur, Vincent DeRosa, has won a $19,000-a-year increase in his lifetime pension, along with a 10-year, retroactive payment of more than $177,000 upfront. As Rowland was being convicted this past...
  • Different pension rulings expected in Stockton, Detroit bankruptcies

     Different pension rulings expected in Stockton, Detroit bankruptcies
    Stockton employees and retirees avoided pension cuts when a federal judge last week approved the San Joaquin Valley city's plan to emerge from bankruptcy. U.S. Bankruptcy Court Judge Christopher M. Klein opted to protect pensioners' payouts despite...
  • Is the U.S. economy in a permanent slump? These economists fear it is

    Is the U.S. economy in a permanent slump? These economists fear it is
    The scariest term that economists have been throwing around lately is "secular stagnation." That sounds technical, but it's easy enough to explain: it means the economy is in a slump that it may never be able to escape. It's one thing to say things will...
  • New IRA would target small businesses without employer-sponsored retirement plans

    New IRA would target small businesses without employer-sponsored retirement plans
    Legg Mason Inc. and two partners will begin offering a new retirement product aimed at small businesses and their employees. The EZ-IRA is designed to overcome hurdles that limited small-business access to such retirement investment vehicles, leaving...
  • Illinois governor race: Rauner looks to future as Quinn concedes defeat

    Illinois governor race: Rauner looks to future as Quinn concedes defeat
    Bruce Rauner moved forward Wednesday with plans to become Illinois' 42nd governor by selecting his running mate to lead his transition team, as Democratic Gov. Pat Quinn acknowledged he could not overcome a significant vote deficit. A day after voting...
  • City leaders sign off on raises

    City leaders sign off on raises
    Cooper City commissioners soon will get bigger paychecks after they recently approved doubling their salary in a 3-2 vote. The mayor's annual salary will rise from $7,200 to $14,400, and commissioners from $6,000 to $12,000. Commissioner John Sims and...