RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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.)
  • Pawlowski budget proposal reduces commuter tax

    Pawlowski budget proposal reduces commuter tax
    Commuters working in the city, but not residents of Allentown, could see some tax relief in 2015 under Mayor Ed Pawlowski's proposed spending plan. Pawlowski appeared before City Council on Wednesday to present his proposed $97 million budget, which...

    Tom Wolf elected Pennsylvania governor in landslide

    Tom Wolf elected Pennsylvania governor in landslide
    Democrat Tom Wolf made history Tuesday by beating Republican Gov. Tom Corbett in the general election. Wolf is the first challenger from either party to knock off a sitting governor since Pennsylvania voters changed the state Constitution in 1968 to...

    Hinsdale voters say 'no' to boosting teacher pensions

    Hinsdale voters say 'no' to boosting teacher pensions
    Voters in Hinsdale Township High School District 86 appeared to reject a proposal to offer pension bumps to teachers in the last four years of their careers, according to unofficial election results late Tuesday night. With all 77 precincts reporting...

    Republican governors prevail in big, bitterly fought races

    Republican governors prevail in big, bitterly fought races
    Republican governors triumphed in key races on Tuesday in the political heavyweight states of Florida, Michigan and Wisconsin, joining the partisan tide that gave Republicans control of the U.S. Senate. In races shaped by voters' worries about the...