Chicago's Pension Woes
- The Pension and Health Care Vise. McKnight, Marshall // njbiz;5/19/2003, Vol. 16 Issue 20, p16
Explains that businesses and retirees are feeling the pressure of shrinking pension funds and expanding medical benefit costs in the U.S. Discussion on how businesses are dealing with the problems; Importance of economic recovery and stock market rally to solving the problems; Samples of...
- THE CALPERS MACHINE. Darmiento, Laurence // Orange County Business Journal;8/2/2004, Vol. 27 Issue 31, p26
Focuses on the pension fund, the California Public Employees' Retirement System (CalPERS). Fund's strategy; Hospitals dropped by CalPERS; Action against rising healthcare costs; Premium increases of members.
- Few satisfied with their firms' medical costs control efforts. // Management Review;Mar84, Vol. 73 Issue 3, p35
Reveals dissatisfaction with corporate efforts in the United States to control medical costs. Findings from a survey conducted by the American Medical Association; Concerns about difficulties in financing pension plans; Possibility of reducing employee benefits coverage.
- A Recap of 2012 and a Look at the Year Ahead. // On Wall Street;Feb2013, Vol. 23 Issue 2, pA1
The article discusses the state of the insured retirement industry in the U.S. in 2012 and its prospects for 2013. The positive aspects that indicate a financially healthy 2013 for the industry are mentioned. The risk to the tax-deferred status of annuities and retirement savings plans is...
- Benefit costs up in Macomb. Fluker, Anjali // Crain's Detroit Business;4/11/2005, Vol. 21 Issue 15, p2
The article reports that Macomb County, Michigan government is looking at a $12 million increase, or about 25 percent, in health care and pension costs in fiscal 2006. The budget committee of the Macomb County Board of Commissioners will meet recently to discuss next year's budget. The county...
- SOCIAL LANDSCAPE. // Belgium Country Profile;Jun2014, p70
The article provides an overview of the social landscape in Belgium as of 2014. Topics discussed include Belgium's demographic composition by age, the percentage of the Belgian population who are Roman Catholics, and the problems of increasing expenditure on healthcare and pension funds brought...
- Retirement Savings Still Falling Short. Papini, Jessica // Money Management Executive;3/19/2007, Vol. 15 Issue 11, p1
The article reports on the decline in the number of Americans saving for retirement. It states that the increase in healthcare costs, longevity and dwindling of pension funds contribute to the recorded downfall. According to a survey, pre-retirees plan to allocate 61 percent of their income for...
- Deficit attention disorder. Townsend, Alair // Crain's New York Business;9/1/2003, Vol. 19 Issue 35, p9
The article discusses issues concerning rising Medicaid and pension costs, which account for much of the budget squeeze, in various counties, towns and cities across New York State, as of September 1, 2003. New York City raised property, income and sales taxes to balance its budget this year....
- Treasurer: Connecticut's Largest Pension Funds Exceeded 14% in 2013. Burton, Paul // Bond Buyer;2/3/2014, Vol. 123 Issue 34053, p1
The article informs that the two pension funds of the U.S. state Connecticut's including the Teachers' Retirement Fund and the State Employees' Retirement Fund has generated investment returns of 14.2 and 14.1 percent net of expenses, for the fiscal year 2013.