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Pension and Welfare

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

Top Pension and Welfare Articles see all

Displaying items 1-5
  • News of the Weird: A Piece of the Action

    News of the Weird: A Piece of the Action
    “Fantasy sports” are hugely popular, but when fans “draft” players for their teams, they “own” only the players' statistics. Recently, Wall Street and Silicon Valley entrepreneurs created Fantex Holdings, which will allow investors to buy actual pieces of real players — namely, rights to 20 percent of the player's lifetime earnings (including licensing and product endorsement deals). The firm told The New York Times in October that it will soon stage an “IPO” for budding NFL star Arian Foster and hopes to sign up many more athletes, plus singers and actors similarly early in their careers. (On the other hand, Fantex's lawyers drew up a 37-page list of potential investment risks, such as injuries, slumps and scandals — and the fact that the stock will trade only on Fantex's private exchange.)
  • Public pension crisis will bankrupt Pa.

    Recently there has been much discussion with regard to educator pay. When discussing pay overall, total compensation must be included. When the value of an educator's pension is included, total compensation becomes rather astronomical. Based on the...

    Korn/Ferry expands beyond recruiting into worker development programs

    Korn/Ferry expands beyond recruiting into worker development programs
    When the pension plan that serves more than 40,000 actors and their dependents needed a new chief executive this year, Korn/Ferry International got the call. Korn/Ferry's people conducted a broad national search for the Screen Actors Guild-Producers...

    Tribune analysis: State school districts relying more on substitute teachers

     Tribune analysis: State school districts relying more on substitute teachers
    Illinois schoolchildren are greeted by substitute teachers far more often than their parents were, and while there may be valid reasons for calling in these subs, some experts express concerns about students being shortchanged, a Tribune analysis has...

    Lawsuits say Bangor loan agency really Ponzi scheme

    Lawsuits say Bangor loan agency really Ponzi scheme
    Shortly after Bill Shaw Jr. stepped into a West Virginia gas station, his life was suddenly and irreversibly altered. The union ironworker was working as a welder on an interstate highway bridge project in December 2004 and had stopped to have his...