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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.)
  • Buffett copycats risk a pounding as Berkshire portfolio suffers

    Buffett copycats risk a pounding as Berkshire portfolio suffers
    It's not been a good time for Warren Buffett wannabes. Sharp drops in many of the stocks owned by Buffett's Berkshire Hathaway in recent weeks hit the sprawling conglomerate's equity portfolio hard. The loss on seven of those holdings alone totals more...

    99 ways to boost pensions in California -- at public cost

     99 ways to boost pensions in California -- at public cost
    Directing traffic is part of a police officer's job, and in the city of Fountain Valley, keeping cars moving comes with a $145 monthly bonus — and a bigger pension. Fountain Valley officers can also pump up their pensions by working with police...

    A look at some of the pension-boosting perks

    A look at some of the pension-boosting perks
    The board of the California Public Employees' Retirement System voted to add to a recent pension reform law 99 bonuses that can boost workers' current paychecks and also their future pensions. Here are some of these retirement-enhancing bonuses: • ...

    Endorsements for the Illinois House

    Endorsements for the Illinois House
    The Tribune continues endorsements today in contested races for the Illinois House. 41st District: Rep. Darlene Senger's run for Congress has opened this west suburban seat. Republican Grant Wehrli, a Naperville city councilman, faces Democrat Ed...