Por: Forbes Business December 21, 2022
The government's rescue of private pension plans comes with few strings attached.Illustration by Fernando Capeto for Forbes; Photos by Klaus Vedfelt/Getty Images; Westend61/Getty Images and Chrysler during the Great Recession 14 years ago. The $36 billion taxpayer bailout of the 360,000-member Central States Pension Fund, which covers multiple employers from the Dakotas to Florida, breaks those rules. For what the Biden White House calls... + full article
Forbes USA Business December 29, 2022
Don't be surprised if your state or local pension is gambling 10% or more in cryptocurrency. getty In early October of this year—a month before Sam Bankman-Fried’s crypto empire —I warned “If you are a participant in a state or local government-sponsored pension... + más
Blackboxes Within Blackboxes: Cryptocurrency In Your State Pension | Forbes
Fairfax beats rival Westchester in defensive Western League battle | Los Angeles Times
The Hill USA Business December 25, 2022
In the last two years, President Biden has presided over the taxpayer bailout of and announced a bailout of the , two deeply flawed programs. In neither bailout was any structural reform proposed and both programs will almost certainly fail again, likely precipitating calls... + más
Council Post: How To Get Employee Gifting Right This Holiday Season | Forbes
Caring For Complex And Critically Ill Patients Must Include Mental Health | Forbes
Forbes USA Business December 07, 2022
In the weeks and months to come, you’ll be hearing more about public pension cryptocurrency direct ... [+] and indirect losses. Brace yourselves.getty The $100 billion Ohio Teachers pension fund recently responded to a public record request from a former board member... + más
Ohio Auditor Raises Fears About State Teachers’ Pension But Won’t Tell All Until After His Re-election | Forbes
Forbes USA Business November 29, 2022
No one knows for certain how much blackbox cryptocurrency lurks in blackbox public pensions.getty The recent collapse of the global cryptocurrency markets has exposed many previously hidden dangers related to these blackbox investments. Growing secrecy at our nation’s public... + más
Your State Pension Hates You | Forbes
Lightfoot’s extra pension payments don’t let Springfield off the hook, Civic Federation says | Chicago Sun Times
Chicago Sun Times USA Nation October 05, 2022
Mayor Lori Lightfoot’s $242 million pension prepayment plan will prevent Chicago’s four cash-strapped pension funds from having to “sell assets in a down market” to meet obligations, but Springfield shouldn’t be let off the hook, the Civic Federation president said... + más
Millions more to fight crime and homelessness, help immigrants: Lightfoot makes case for ‘bold’ 2023 budget | Chicago Sun Times
Chicago Sun Times USA Politics October 03, 2022
Mayor Lori Lightfoot urged the City Council Monday to “be bold with me” and “to continue to right historic wrongs” that have created two Chicagos: one for the haves, the other for the have-nots. Delivering the 2023 budget address that will serve as her reelection... + más
Stalking charge dropped against man who fired weapon near Mayor Lightfoot’s home: ‘He was just a disgruntled citizen,’ lawyer says | Chicago Tribune
Mayoral allies urge Lightfoot to scrap plans for $42.7 million property tax increase | Chicago Sun Times
Forbes USA Business September 27, 2022
When pensioners demand records which will reveal how their retirement savings are invested, state ... [+] pensions routinely respond with hostility—as if plan participants were the enemy, versus owners of the assets.getty State laws mandate that pension fiduciaries have a duty... + más
Swiss mull animal welfare, women's pensions in weekend votes | Associated Press
Swiss may back plan to raise retirement age for women | ABC News
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