Are Union Pensions Bankrupting America?
Bill Tufts
Fair Pensions For All
Alberta Has Gotten Itself in a Real Pension Pickle
16 hours ago
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The Winners .... MP's pensions
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Now more than ever pensions have become a major issue for our society. This crisis has been building for several years. This blog is an attempt to stay on top of the current issues surrounding pensions. Our main feature is a regular update of the news headlines about pensions. We are in the process of setting up http://fairpensionsforall.net/
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Pension Crusader
Quote: Jack Dean, Pension Tsunami
The whole idea of the pension was to provide public servants with a decent retirement when they left public service. It was not to enrich them or to make them wealthy, to allow them to retire younger, with more money, to go off and play golf while the rest of us supported them. This attitude is growing out there in the public. People are beginning to realize what has been done and they are not happy about it.
Pension Tsunami - http://www.pensiontsunami.com/
Newslinks February 13, 2012
- Video - City of Regina's massive pension shortfall
- Ontario Accumulated public sector sick pay payout into Billions
- Bank of Canada Financial System Review
- Next up! Portugal in Deep Trouble with ten-year bonds hitting 17%, the 5 year over 22%
- Video - Ottawa pension problem
- Call in the bomb squad: pension detonation!
- Rob Ford good example for Montreal mayor
- Regina's pension meltdown
- MP Kramp on pooled pension plans
- Funding Gap Doubles for US Corporate Pensions
- NPR - Deferred Promises: America's Pension Crisis
- MLA defends silence during Saint John budget woes
- It's time to shed sunshine on fed civil service salaries
- Dalhousie University in crisis as pension costs rise by $50M a year
- Lessons from around the world to help our aging populations
- Saint John mayor worried about public safety as police hit streets in protest
- Saint John will be Canada's first municipal bankruptcy caused by pensions as deficit balloons to $190M
- Canada's aging population
- 730 CBC employees take home more than $100,000 a year
- Royal Bank winds up DB pension plan for new hires
- Need to act today on pension future
- Hybrid of options could serve future retirees well
- Why NY pensions are so costly
- Conservative MP Brent Rathgeber calls for federal salary ‘Sunshine List’
- PRPP Bill - House of Commons Hansard
Newslinks - April 20, 2011
- Canada Post, CUPW in negotiations over gold-plated benefits
- Winnipeg Councillors reap bonanza by cutting perk
- Tory MP feeling heat over Nortel pensioners' plight
- Illinois treasurer says pension battle belongs in court
- PENSIONS: A brief history
- PENSIONS: Peril is in the eye of the beholder
- Illinois Pensions to be paid without borrowing
- UK - Pensions: Guide to April 2011 changes
- Curse of the new pension apartheid
- Class divide ignites pension age rise row
- UK - Are you ready for the new low-cost pension scheme?
Newslinks - April 19, 2011
- Even a recovery won't fix U.S. states' pension mess
- Actuaries, politics and the fate of U.S. public pensions
- The real issues in Wisconsin
- Sunshine List shows need for more restraint
- Six plus three equals trouble for Canada
- The Great Education Rip-Off
- Pension crisis to get WORSE
- $48 Million Pension Liability Faces Palm Springs
- Adachi Finalizes Pension Plan changes
- Size of Kan. pension woes also an issue
- Civil servants challenge 'unacceptable' pensions change
- BA pension scheme loses third trustee as unions launch legal challenge
Newslinks - April 18, 2011
- Is N.B. going rogue?
- Postal workers complete strike vote today
- St John wins battle with firefighters' union
- Will America's Anti-Union Spasm Engulf Canada?
- Fire chief accused of 'double dipping' on pension
- San Francisco pension rates fuel debate about reform
- Publishers preview pension problems; it's not petty politics
- There was no recession for gov't pensions
- Localities expect cost of teacher pensions to rise
- No sweeteners for public pensions
Newslinks - April 17, 2011
- Quebec pension nightmare will overrun separatist dream
- Harper defends pay bonuses for political staff
- Private equity is the new MBA
- Dalhousie spending big bucks on university brass
- Air Canada hits turbulence after pilots cancel ratification vote
- Canadian unions are having to fight for survival
- Shine a light on Hamilton police budget
- Anti-tax rally at Conn. Capitol - "Enough! Enough!"
- States target those collecting pensions plus paychecks
- San Jose's pension crisis is all too real
- ‘Second pension’ payments have cost $4.3 million
- R.I.’s precarious pensions: Time has come to pay for past promises
- New Jersey's pension pit
Newslinks - April 14, 2011
- Senior cashed dead mom's cheques
- The Seventies Plus: Retirement well under way
- Getting the U.S. fiscal house in order
- Tories won't 'slash and burn' public service,
- Pension reform, public employee bashing, and OC Watchdog
- There was no recession for pensions
- San Bernardino County firefighters accept pension cut
- Video - State Retirees Called Out For "Lavish" Pensions
- Pension repair rests with teachers and the districts
- NJ Retirees could see pension cut by two-thirds without reforms
Newslinks April 13, 2011
- Girard Miller - Pink Slips and Pension Red Ink
- Alberta, government union, reach tentative accord
- Fixes for the biggest retirement risks
- Unilever to close final salary pension scheme
- Resist the urge to splurge, even if you're rich
- Ryan's Budget Plan A 'Shameful Attack' on Public Sector
- Bad accounting hides America's coming pension disaster
- Rhode Island's Pension Liabilities Are Now The Worst
- San Diego: 'The Wisconsin of the West'
- Pension Costs to Skyrocket for Key S.F. City Unions
Newslinks - April 12, 2011
- City of Regina, union differ on pension plan fixes
- Pension funds make $1-billion bid to buy TimberWest
- Time for a pension debate
- Retirement: 70 is the new 65
- Teachers runs into wall of Boomers
- HOOPP’s 13.7% return, funding on sounder footing
- 70 or bust! The Economist’s case for raising the retirement age
- Private sector employee - Stop thinking about retirement
- Main split on pensions comes down to private vs public options
- Nortel pensioner leads attack on Tories
- No need for pension panic, UI prof tells state workers
- Some elected officials getting sweet pension deal
- Teachers' strike over pensions 'looming'
- California public pension liability iceberg emerges
Newslinks - April 7, 2011
- Pension policies need updating, says Rae
- $1 million retirement boost for Toronto Hydro chief
- Regina ... Pension plan must be revisited
- Public, private measures needed to boost retirement savings
- TFSA Tax break works for all incomes
- Are federal workers paid too much
- Those long-lived teachers and their guaranteed pensions
- Mounting opposition to MERs
- DB is on the way out: Towers Watson
- Union blackmail ramps up: Blizzard
- BC Teachers' pay bid rings alarm bells
- Union wages factor into city budget plans
- Ottawans gleam on sunshine list
- Largest teachers union of being a group of "bullies and thugs.
Newslinks - April 6, 2011
- At least the Teamsters like Liberals’ pension ideas
- 24 per cent of boomers say they have no retirement savings.
- Teachers’ pension plan faces deficit
- The last gasp for Nortel
- Teachers’ pension plan looks for fixes
- Wisconsin fight over public's rights affects BC
- Public sector last domain of gold-plated pensions
- DiVincenzo Apologizes for Pension Issue Controversy
- Pension reform
- Canada pension myths
- Pension reform gets political
- Canada's pension reform puzzles employers, politicians
- Unfunded pension liabilities will pain Indiana for decades
- NY State Pensions Go "Boom"
- Public Sector Unions on the Ropes
- Wis. lawmakers quietly get back to work
- Municipalities balk at N.Y. option on pension costs
- Police departments statewide are feeling the squeeze
- Six officials collect their paycheck, state pension
- Board moves toward pension reform; taxpayers group critical
Newslinks - April 4, 2011
- Regina ponders pension issue
- Regina - Pension plan needs repairs
- Pains of a small pension plan
- Get public wages under control
- NDP pension pitch: Should companies pay for higher public plans?
- Governor Brown pushes to tame pension beast
- Fixing Md.'s pensions
- Riverside County moves toward two-tiered pension system
- Illinois House reduces pension benefits for judges, lawmakers
Newslink - April 1, 2011
Newslinks - March 31, 2011
- Getting a grip on public sector wages
- Rampant spending has put U.S. in dire financial shape
- Budget top-up for GIS bound to see light of day
- Sskatchewan teachers' talks at standstill over pensions
- Pension reform puzzles employers
- Bureacracy Now! - Where the jobs are
- U of Victoria - Education, medical costs unsustainable
- Competition stiff for anchor tenants in pension owned malls
- QPP changes will encourage later retirement
- Pension crisis will take time to resolve, require new thinking
- Lessons From the California Teachers' Pension Fund
- Retired Teachers in California Earn More Than Working Teachers
March 29, 2011
- Education, medical costs unsustainable
- A little more info on pension plan
- Nfld Employers’ Council disputes pensioners’ claims
- Ontario targets public sector to fight deficit
- School board says staff cuts are immenent
- Employers’ council against call for more benefits
- Public pensions: Just reward or too much?
- Pension-funding crisis is nothing new in R.I.
- Let California voters decide on pensions, spending
- Two big state pension funds, CalPERS and CalSTRS, should be changed
- Answering your questions on teacher pensions
- Ohio House panel makes changes to bill to curtail public unions
Newslinks - March 28, 2011
- Time has not yet come to raise Sunshine list bar
- Markham mayor, council OK raises for themselves
- UK PRPP - Nest sets out investment approach
- Pension reform puzzles employers
- A senator's juicy pension
- It's time to get tough with public sector unions
- MP says hello to retirement and very sweet pension
- CALpers Still Rosy After All These Years
- Keeping the State's Money in the State
- Pension reform: just the job?
- UK State pension reform hailed
- Pension fund loss will soon hit cities
- Legislature zeroing in on public employee pensions
- N.Y.C. vs. N.Y.S., the Pension Battle
Newslinks - March 25, 2011
- Volunteers aplenty for MLA pension review
- US - Pension Tsunami
- Nuns battle Archdiocese for pension funds
- Benefits Canada Archives
- Nova Scotia politicians’ pensions to be reviewed
- Florida Firefighter pension meeting draws angry crowd
- Taxpayer group asks for release of names of top pensioners
- San Diego pension settlement talks collapse
- Radio interview - Niels Veldhuis and the Public Sector wage gap
Newslinks - March 22, 2011
- Public-Employee Retirements: A Rush for the Exit
- Severance package for former NHS CEO not part of disclosure
- Start the cutting
- Public sector cuts are unavoidable
- Brock University to go on strike
- Why Wisconsin is parallel to New Brunswick
- Federal budget likely to go easy on public service
- Fraudster Senator Lavigne resigns but keeps pension
- BC addresses teachers today with battle over salaries looming
- Questions raised over cop budget
- U of A salary case needs clarification
Newslin - March 21, 2011
Newslinks - March 19, 2011
- The assault on unions is coming
- York region council should rein in expenditures
- Rethinking unions
- Popped up on Statscan - University salaries
- $ 6,000 a month pension ... CPP average is $6,500 per year
- Public pensions are far too rich
- It's time for reform of the public sector
- Donald Savoie says public service no longer envy of nation
Newslink - March 17, 2011
- Wishful thinking - Why Japan will avert a fiscal meltdown
- Quebec retirement pensions in crisis as province population ages, fewer workers
- Quebec version of PRPP plan
- OECD - Working longer only way to keep pensions afloat
- MLAs Pension proposal needs rework
- MLA Pensions task force says politicians deserve a fair shake
- Canada Post - holding strike vote, warns of April disruption
- Video - Manitoba food banks feeding more seniors, refugees
- Unfunded cost of California state retirees' health and dental benefits climbs by $8B in 1 year
- Republican senators propose $6.7B in cuts to Ill. budget
- Californians Back Limits on Public Pension Benefits
- Retirees see pension tax as attack on middle class
Newslinnks - March 18, 2011
- Quebecs new voluntary pension proposal
- Ontario's Sunshine List is not what it seems
- Suddenly, early retirement is less attractive
- Quebec to offer new pension program
- Quebec budget spearheads pension reform
- MLA pension review a true test for political parties
- Canada's Public pensions are far too rich
- Can N.B. afford its public service?
- Baby boomer dream abandoned
- SF Pension Crisis Much Worse than City Claims
- There is no free lunch
Newslinks - March 13, 2011
- Will Wisconsin's chill on labour move north?
- Revamped Saskatchewan Pension Plan site
- A case for allowing pension funds to manage PRPPs
- Moncton wage hike is high: watchdog
- Taxpayers and the Wisconsin effect
- Governments must set wage criteria not unions
- Unions to use King anniversary to frame collective bargaining
- Labor protesters say next fight at the polls
- Bank chief gets rare info ban
- U of W profs accept three-year contract, 3.3% increase
- NB Budget must cut bureaucracy
- A pilot’s quest to remain at the top
- Does An Attacker Attacked Have A Right To Attack Back?
- Will Wisconsin's chill on labour move north?
Newslink - March 9, 2011
- Growing Unrest over Ontario's Public Sector Arbitration System
- Grey wave to hit provinces' bottom line by mid decade
- U of W faces rise in pension costs and strike
- Principles to Guide Reform of Canada’s Retirement Income System
- Do you see your retirement as golden or grey?
- Public sector workers are not the problem
- Russell Williams collects pension yet owes $8,000 in victim fines
- Public service unions can be beat
- Pension perks to stay put - MLAs vote to keep their platinum plans
- Pensions pushing California to the brink
- Lower discount rate, CalPERS told
- 5 ways to revive pensions in the private sector
- California attorney's union agrees to pay more on pensions
- Pensions: The Rule and the Exceptions
- LA voters favor pot tax, police pension cuts
- Conflict of interest could halt Atlanta pension vote
- U.K.’s Hutton Wants End to State Final-Salary Pensions
Newslinks - March 5, 2011
- NP Series - Public spat over PS salaries
- Disgraced integrity commission’s departure package tops $500,000
- NP series - We need Scott Walker here
- NP - Why the public sector is hanging on for all it’s worth
- NP Series - Reining in public unions
- NP Series - Q&A: U.S. union fight
- NP Series - Inserting competition into public service
- Facing unions a hard fact in tackling debt
- Restraint is for the masses, not the MLAs
- Canada needs 'ownership' of local firms
- Canadian - Widows lose pension fight in top court
- Hundreds protest Czech overhaul of pension system,
- Hearings on Pensions For Delphi Retirees
- Pensions Can't Be Unilaterally Cut
- The Sixteen States That are Killing Their Pensions
- Pension tipping point
- Axe 'must fall on unfair gold-plated public sector pensions'
- Gold-plated public sector pensions to lose their shine
World Debt Map - Canada worse than Ireland
Newslinks - March 4, 2011
- Public-sector pensions a Canada-wide problem
- Public sector pensions based on false assumptions
- Unions and government, a happy marriage that benefits both
- UK - University lecturers vote for pension strike
- Labour rally pushes for better federal pension benefits
- PRPP could help pension disadvantaged
- Up 17%. $100K retirees: Up 230%
- Caution needed in public sector
- Los Angeles mayor urges freeze in health care funding
- LA mayor wants hold on retiree health costs
- State, local pension funds understate shortfall by $1.5 trillion or more
- Gates says state pensions draining education money
Newslink - March 2, 2011
- Government Unions 101: What Public-Sector Unions Won't Tell You
- Toronto Hydro lawsuit is outrageous: CUPE
- Depressing divide between public sector and private sector
- PSAC members question plan to boost executive pensions
- Govt, Unions, and the Battle in Wisconsin
- The Untold Story of Scott Walker's Longstanding History with Labor
- Pension perks through the back door
- American Taxpayers and public sector unions
- Pension age workers on the rise in UK
Newslinks - March 1, 2011
- OMERS boosts return, funding deficit swells
- Toronto Hydro seeks bigger pensions for bosses
- Canada has a retirement income crisis.
- Working in retirement can affect your RRSP
- Canadians raiding their RRSPs: BMO
- OMERS wants in on private pension plans
- Strong action needed on MLA pensions: watchdog
- Size is everything when it comes to RRSPs, adviser says
- In Madison, the reactionaries are in the streets
- How earnings for unionized public employees compare with private sector
- UK - State pensions are so complex ....
Newslinks - February 28, 2011
- NY City mayor - politcians dont take responsibility for problems
- The Public Worker Gravy Train
- PRPP could hold promise
- MP defends stance on pensions
- NY Consumed by fat pensions
- Charter amendment would roll back some L.A. pensions
- CA - County pension system hits tipping point
- Desperate Wisconsin unions resort to Alinsky tactics
- Union blues
- NJ - 20,000 in public sector put in retirement papers
- Do Rhode Island public employees have property rights pensions
Newslinks - February 24, 2011
- NBSO will disclose executive salaries
- NB power CEO wage increases 80 per cent in five years
- Kitchner city wages increases twice the rate of inflation
- Who's in charge of our political system—voters or unions?
- Greece, Wisconsin ... is California next?
- Tens of thousands demonstrate in Athens over austerity measures
- Labour showdown in Wisconsin
- Older laid-off workers often forced into early retirement
- PSAC appeals pension ruling
- Cincinnati can't afford delay on pension reform
- The pension haves vs. the have-nots
- The Problem with Pensions: San Luis Obispo's crisis
- Illinois attracts bond investors
- UK - Teachers and nurses face pensions being slashed under government plans
- Government Worker Unions Speak Out Against Pension Reform
- Retirement Board member has prohibited ‘second pension’
- Pension tax raises fairness questions
- Cut pensions but don’t bust unions
- How Does the Wisconsin Pension Proposal Stack Up Nationally?
Newslinks - February 23, 2011
- McGuinty aims to axe 1,400 public-service jobs
- Less than automatic pay raises
- Ambachtsheer honoured for pension fund research
- McGuinty graciously offers Ford a whole lot of rope
- Canada's Unionized workers should agree to wage freeze
- Okla. state workers rally for pensions
- How's getting $152,825 a year for the rest of your life sound?
- Public Defender Jeff Adachi takes another run at pension reform
- Wisconsin’s Public Pension Problems Are Your Problem, Too
- California Republicans zero in on public pensions
- Treasurer: Oklahoma pensions at 'crisis level'
- Showdown brewing over CA state employee pensions
- "Crisis," "holocaust," and "Armageddon" used for Oaklands pensions
- Social programs milk cow with 310 million tits.
- Illinois seeks to borrow $3.7 billion to bail pension shortfall
Newslinks - February 22, 2011
- CLC looks at Pooled Registered Pension Plans
- Life insurance says Canadians support new pooled pension plans
- The costly greying of Canada
- California teachers' pension system headed toward insolvency
- Pension wake-up call hits local governments
- Government pensions, an obesity epidemic
- Wildrose wants to eliminate MLA retirement bonuses
- GOP Bill Takes Aim at Pension Disclosures
- Join the civil service and you're set for life
- Without cuts, Harper's fiscal plan a fantasy
- Wisconsin ground zero in bargaining debate
- The Economist - A bad habit continues in Wisconsin
- Police line up to protest proposed pension reforms
- Arizona to study Utah's public pension plan to save system
- Nashville may raise pension vesting from 5 to 10 years
- Oklahoma state employees rally to retain pension benefits
- NH plan to ax funds for pensions hurts us all
- Michigan Unions Going To Court Over Pension Tax Plan
Newslink - February 19, 2011
- Canada’s high-cost public service
- Public officials get schooled on pension reform
- Pension punishment: Let courts do their job
- Ousted execs added to health board
- Average Canadian family debt hits $100,000
- StatsCan has inflation measure wrong: report
- Winnipeg CUPE workers strongly reject city's offer
- Public Administration Wage Growth
- Cuts to spending and civil servants only way to balance fed budget
- McParland: Bill to limit union rights sparks civil service uprising
- Florida Fire officials, police blast pension bills
- Public-Pension Fight Surfaces in California
- Florida Candidates Address City Pension Problem
- Kansas gov.'s says everything on table in pension debate
- 'Pension Boot Camp' has labor kicking
- Day of reckoning for unionized teachers’ pensions
- Hawaii Senate Slashes Gov's Plan to Tax Pensions
- Arizona Police line up to protest proposed pension reforms
- Pension Issues Spice Dinner Debates
Newslinks - February 16, 2011
- HOOPP gets Ontarians thinking about healthcare
- Winnipeg City workers would be wise to nix strike
- No bonus for GM workers in Canada
- Air Canada, unions on different flight paths
- Saving $1M for retirement might be possible
- Michigan Gov. calls for lessening senior tax breaks
- Crushing health care liabilities for Mass. cities workers
- Conn. gov calls on state employees
- Sweeping anti-union bill draws thousands to Wis. Capitol
- The Impact of Pensions On State Borrowing Costs
- Public sector's 'Madoff-style' pensions pyramid
Newslinks - February 14, 2011
- Saint John firefighters nearing new contract
- Red Deer College president lands 10% pay hike
- One million unionized Canadian workers will retire in the next 10 years
- Does the industry really want us to be educated?
- Doing the math on education bloat in Nova Scotia
- Stelco workers in pension fight
- Greeks strike against austerity measures
- FL gov wants state workers to pay toward pensions
- Pensions Will Sink Munis
Newslinks - February 11, 2011
- The ups and downs of staff unionization
- Are we obsessed about our savings?
- Air Canada unions want wage hikes
- Arizona wants to study Utah's public pension plan
- Time to clear pension swamp in NJ
- Dutch regulator tells pension fund: dump your gold!
- Golden age of pension funds disappearing in Zinbabwe
- Why don't businesses offer pensions?
- Swallow the toad, reform state pensions
- What is a public sector pension worth?
- Public sector pensions 'Madoff-style' pensions pyramid will spark crisis
Newslinks - February 10, 2011
- Many women in Canada's retirement system are falling through the cracks
- Toronto facing $774M shortfall in 2012
- Mississauga Transit workers away 18 days last year
- Standard Life uses YouTube to explain employer pension plans
- NB - Public pushes for rollback of MLA pensions
- Winnipeg faces strike threat
- Video - Union Boss Says taxpayers for Spending Cuts are ‘Mentally Retarded’
- CPP fund posts 3% quarterly return
- FDNY, NYPD Unions Blast Mayor Bloomberg's Pension Cuts
- Pensions a large chunk of Costa Mesa budget
- Christie's Firings, Pension Cuts Backed by New Jersey Voters,
- N.J. Voters Support Layoffs, Wage Freezes, & Pension Cuts
- GOP Leader: No Federal Bailout for States
- The Chicago Pension Paradox
Newslinks - February 8, 2011
- America’s out-of-control spending problem
- So much for economies of scale in Montreal
- Newfoundland Retired teachers fill a hole they dug
- Working past age 65 will result in higher CPP payments
- Why choose a TFSA over an RRSP?
- CTF hands out award to MP's for pensions
- NB - pension payouts plunder surplus
- Kootenay Savings poised for strike over pensions
- Roads or pensions in St John NB?
- Florida's 'alarming' budget sorely needed
- City to consider decreasing pension costs for new hires
- Police chief - Pension: $277,656 Per Year
- Florida Battle shaping up over pension proposal
- Illinois sues to deny pension to ex-cop in torture case
- NY - Cops or healthcare and garbage or pensions
- Egypt and labour unrest - Offers 15% pension and salaries
Newslinks - February 7, 2011
- Individual pension plans worth eyeing
- Will your pension be enough for retirement?
- Will you need $1-million to enjoy retirement?
- After the Great Recession, the Great Regression
- Florida Cities Need to Fix Pension ‘Leaky Roofs’
- Average woman aged 56 has just £9,100 pension pot
- Retire the system -- it's time to listen to Mayor Bloomberg
- 7 Reasons You Don't Have a Pension
- Pension politics "red hot," says Calpers official
Newslinks - February 6, 2010
- Simmering pension problems
- Why CPP hikes are a bad idea
- Retire early, it's cheaper
- A Fredericton MLA comments on MLA pay cause stir
- Pensions for part-timers: A deal too sweet
- Pa. pension plan's woes are costing taxpayers
- Public employee pensions much higher than advertised
- Florida needs to Reform pensions
- N.J., Maryland governors air dispute over pension reform
- As We See It: The politics of pension reform in California
Newslinks - February 2, 2011
- Wide awake on government pensions
- Majority backs expanding Canada Pension Plan, poll finds
- Fire department projects retirement wave
- Penticton mayor in fight with CUPE over taxpayers money
- The $28 billion pension dip into taxpayers pockets
- Bailout for low income seniors likely coming
- Pensions, wages top issues for Air Canada workers
- NB auditor says MLA pensions unsustainable
- Video - How much is enough for retirement?
- Wisconsin assailed by state benefits, entitlement programs
- Public pensions were short-changed in the 1990s
- Muni board looking into pension funds disclosure
- KING TOPS UP PENSION WITH £1.4M OF OUR CASH
- David Cameron admits troops will suffer pension cuts
- Pension and prison reforms part of the solution for California
- Pension deal could end California budget brawl
- Ohio votes to raise teacher's retirement age to 60
- Governors Making Pension Cuts Thwarted by Employee Suits
- Florida Proposes $2.8 Billion in State Pension Savings
Newslinks - January 31, 2011
- Saving too much - Vettese report - PDF
- Pensions - Are we saving too much?
- City employee benefits triple
- Scottish Chancellor: Unions are ‘forces of stagnation’
- Deficits making teacher pensions unsustainable
- 10,000 join union protest in Hamilton
- Government workers unions led to public pension problem
- Stelmach leaves with nearly $1 million
- Video - Thousands protest U.S. Steel
- California Pension reform - Legislators race to make changes
- Moody’s to Factor Pension Gaps in States’ Ratings
- Pension issues to hurt state ratings
- Illinois - Pension debacle poster child
- The Real Reason Why Illinois Pensions Are in Trouble
- Unions gear up for pension fight in California
- Retired Illinois superintendents double dipping in California
- Taiwan changes pensions to 61% from 80%
newslinks - January 29, 2011
- Nfld teachers double dipping with pension and salary
- School staff collect pensions along with six-figure salaries
- Ontario won't ban double-dipping teachers
- Morneau Sobeco - Retirement Vision
- Latest warning: Are we saving too much?
- Thousands rally to support Hamilton steelworkers
- Thousands protest U.S. Steel
Newslinks - January 28, 2011
- 'I am a little bit unique' Schwarzenegger
- Bush and Gingrich - States better off bankrupt
- Public sector pensions destroying city’s finances
- It's time to change pensions
- Paul Hellyer's The View from the West
- Alberta’s political pigs at the trough
- P.E.Islanders need programs for adequate pensions
- NB - Judges get retroactive pay bump
- Double dipping teachers show Lack of class
- Stelco pensions Paid for in sweat and sacrifice
- Nfld - Auditor reports retired teachers double dip:
- CAnadian Supreme Court of Canada rejects U.K. Nortel pensioners claims
- Ohio Teachers to sacrifice for pensions
- Spain passes pension reform and moves retirement age
- California, Retroactive Pensions Upheld
- Fire Chief fired over pension website
- Chief fired over pension website
- Ohio Teachers to sacrifice for pensions
- Spain passes pension reform and moves retirement age
Newslinks - January 26, 2010
- Saint John police, union close to new contract
- It's time to change pensions
- CAW Local 222 heading to Steel City for protest
- Hamilton Police brass offered buyouts
- N.B. could save millions by dumping RCMP pensions
- Pension pledges have left UK and US 'insolvent'
- New York mayor says - Pension Reform Now
- Anaheim mayor says pension reform is urgent
- San Jose City Council OKs pension plan
- Union pay, pensions and benefits #1 challenge for new Jax mayor
- Public sector pensions get public scrutiny
- Top pensions in Illinois county, starting at $122,000 - PDF
- SEC questions llinois Plan for Pensions
Newslinks - January 25, 2011
- Liberals paving way for property fire sale
- Oxford tabs $4-billion for expansion
- Cadillac Fairview Announces Issue of C$1,250,000,000
- Why Saint John needs a new pension plan
- Thousands to rally in protest against U.S. Steel
- Rolling the dice on your retirement
- Former Nortel employees fighting to save pensions
- Saint John budget contingent on province
- Reform MLA pensions first
- UTFA president rejects U of T pension numbers
- The Actuarial State of the Union
- Baillie wants MLA-free review
- New Jersey - Medicaid Will Be Biggest Challenge
- Wake up, and smell the costly pensions
- It's a bankrupt idea
- CAlifornia - Tax increases on the ballot? Over my pension reform!
- Mass New pension bill is laudable, but doesn’t go far enough
Newslinks - January 22, 2011
- WSJ - Why Teacher Pensions Don’t Work
- Layton pitches support for CPP
- Review of MLAs’ pensions launched
- Union membership falls sharply
- Work til you drop?
- Lack of accountability frustrates concerned residents
- In Sweden, pension problems are so 1989
- Steven Greenhut: Is Brown dodging pension reform?
- Scottish Teachers set to take action over threat to pensions
- Mayors See No End to Hard Choices for Cities
- Digging out pension plans
- CalPERS Continues the Long Climb Back
- More on states going bankrupt
- New York mayor opens the door to 401(k) for city workers
Newslinks - January 20, 2011
- The bigger the city, the higher-priced the help
- Only 39 per cent of young professional Canadians have a RRSP
- Managing risk a priority for DB plans
- No Fast Relief for Canadian DB Pension Plans
- Menzies - Private pension proposal being considered
- Growing number of Albertans lose pension plans
- Pension pitfalls - for directors over liabilities risk
- Canadian DB Pensions to Suffer Continued Funding Shortfall
- Pension changes don't spare current workers
- Brown to Propose Overhaul for California’s Underfunded Pensions
- Mass pension reform isn't really pension reform
- Mayor Bloomberg Defends Plan to Slash Pensions
- NY develops less-generous pension plan for new public employees
- New Governor to Propose Overhaul for California’s Underfunded Pensions
- Current workers not spared in pension cuts
Newslinks - January 19, 2010
- Hurry up and cut MLA pensions
- Labour strife looms in Montreal over gold-plated pensions
- Companies face future pension litigation
- Companies get tough on employee pensions
- Teacher pay hikes in question as province grapples with deficit
- Ottawa Police want $9 Million More to top up pension
- Burlington Police seek budget hike to pay for juicy wage hikes
- BC Politicians disclose income - lots of double dipping
- SF pension costs jump $20 million
- Arizoná taxpayer's $650,000 inflates pension
- Mass. proposal would reshape public pensions
- Public pensions in the U.S. face a shortfall of $2 Trillion
- Chicago's Mayor Chainsaw
- Mass. proposed changes to pensions
- So far, no mention of pensions in California
- The Utah Pension Model
Newslinks - January 18, 2011
- Cut MLA pensions to save money
- Tricky trade-offs ahead after good start on pension reform
- The reinvention of retirement
- US Today - Lavish benefits hurt states
- USA Today - Blame Wall Street
- Taming public unions will test Gov. Brown
- Promises, Promises: The Public Pension Pinch
- It's time to retire utilities' 'bulletproof' pensions
- GOP clamors for state pension overhaul
- California pension reform or else
Newslinks - January 17, 2010
- Jeb Bush sees the imminent death of DB pensions
- Labor's Coming Class War
- Why Public Sector Union Compensation Matters
- National Post - Civil servants have become a highly privileged class
- A dose of double dipping in St Thomas?
- There should be no Civic Sacred Cows in St John
- Public-service pensions: too rich for the rest of us?
- CPP in good shape
- Labour perspective on CPP
- Nest egg amount moving target
- Pension crisis looming, says MP Angus
- GM completes $6bn scheme contribution
- Greece's public sector union calls Feb 10 strike
- Go banrupt California, Please
- How retirement is being reinvented worldwide
- AT&T moves US$17 billion pension plan losses to the past
- Legislator pensions based on salaries
- Slippery slope to poverty in retirement
- The teachers' side of the story
Newslinks - Jan 15, 2010
- Reasons not to have a federal election till next year: The MP Pension angle
- Pensions, budget woes spread
- General Motors Puts $2.32 Billion of Stock into pensions
- Company aaks pension contribution in the form of real estate
- Orange County's Public Pension Compromise
- UK Civil service union rejects redundancy scheme changes
- City Leaders: Let's Try to Mediate
- Public servants ‘taken for suckers’ by Christie?
- Feds threaten to sue Utah over union laws
- Union campaign to boost image of public workers
- Ohio and the War against Workers
- `Pension Envy' Vexes Underfunded Public Workers
- Unions Mobilize Against Curbs
Newslinks January 14, 2010
- Jack Mintz: Retirement 101
- Federal pension fix full of problems
- Firefighters oppose Saint John's pension reforms
- Pensions to eat into shortfalls: survey
- Taxpayers can’t afford university pensions
- Police say little room to cut in budget hike request
- NUPGE answers unfair Economist attack on unions
- Canadian Unions have lost their purpose
- Another investment tool for the banks is not going to help Canadians.
- It's time for Alberta politicians to pay their share
- Tricky trade-offs ahead after good start on pension reform
- Pensions to eat into shortfalls: survey
- LEO KOLIVAKIS - Pension Pulse
- Liberal Party White paper on pensions
- Firefighters won't bend on two key issues
- Pension plans challenged by low interest rates
- Pension reform proposals overlook thousands, mostly women
Newslinks - January 11, 2010
- U of G unions fear caps on wages, pensions
- Fraser Papers pensioners, reject restructuring proposal
- Canada Line workers to take strike vote
- The forgotten caregivers of pension reform
- Public sector unions serving up a juicy issue
- Sask. Pension Plan boosts annual contribution
- Laval bus drivers' strike cancelled
- City attorney says freezing base salaries legal
- How to Revive the California Dream
- Florida pension fund is not broke, AFL-CIO claims
Newslinks - January 8, 2011
- Public sector unions - The Battle Ahead
- (Government) workers of the world unite!
- Labour shortage? Older workers are solution
- Buried deep in the deficit. . . of NB
- Taxing labour costs economy
- The retirement guessing game
- St John Police will unveil new pension position
- Pension politicking: Work it out
- Too few of us make use of RRSP's advantages
- Pensions need long-term fix
- Big labour says - CPP is a better way to improve pensions
- Canadian pension plan funding dips in 2010
- Top Five State Pension Fund Lawsuit Settlements
- Understanding The Attacks On Public Employees
- Man kept father's corpse to pocket pension
- BIll would limit pensions for U of Califronia execs
- N.J. Dems offer plans to overhaul public-employee pensions
Newslinks - January 6, 2010
- Group retirement plan statements lack clarity
- BC MLAs, bureaucrats too expensive
- Boomers plagued by retirement worries
- Private pensions, not CPP, are government priority: Minister
- Saint John pushes pension changes
- Winter is a season - RRSP (and retirement) is not!
- Reevaluating Pension Entitlements in the Public Sector
- State Officials vs. State Employee Unions
- Do Public Workers’ Diplomas Justify Their Pay?
- Public Workers Face Outrage as Budget Crises Grow
- Taking Aim at Public Workers
- U of California execs' pension plea is demoralizing
- The Confused Debate About Public Sector Pay and Pensions
- Pension Borrowing a Step Closer to Reality
- A pension reform that unions can embrace
- Taxpayers facing huge bill for Houston pension debt
- 20 government workers with super-sized pay
- Plan to limit pension sweeteners advances in Illinois House
- The scoop on the double-dipping sheriff's officer
- Chicago Labor Officials Double-Dipping in Pensions
Newslinks - January 5, 2011
- Welcome to old age, Boomers
- Saint John pushes pension changes
- Uniquely Dysfunctional Relationships - the Public Union Pension Crisis
- One in four think they’ll need less than $300,000 to retire on
- Canadians worry their savings won't last through retirement
- Most Canadian don't know what their retirement income will be
- No more OAS benefits for old convicts
Newslinks - January 4, 2010
- States Coax Professors to Retire as Budget Cuts Loom
- Steve Greenhouse - Reigning in Unions
- Nortel workers can opt for private pension management
- Public Workers Face Outrage as Budget Crises Grow
- NY legislator says pensions will bankrupt state in 5 years
- Cuomo's Costliest Problem: Pensions - New governor takes 5% pay cut
Newslinks - January 2, 2010
- The year Freedom 55 became Freedom Never
- ‘Silver tsunami’ of baby boomers turning 65 delayed in Canada
- Moving to Mexico: How-to and why not
- Harper, Flaherty fail public sector unions on pensions
- A new era begins: Alberta's first boomers hit 65
- Top Abbotsford school staff draw nearly $1 million
- Chicago Pension-Overhaul Law Will Bring Record Tax Increase
- Police officers are city’s top legal foe in Sand Diego
- NY Times - Public Workers Facing Outrage as Budget Crises Grow
- Share the pain, again
- Double-dipping is common for public-sector 'retirees'
- Retiree benefit costs heavy burden for NY
- Thousands start work with more lucrative Illinois pensions
- Pensions crises introduce unions to new realities
- One in five Britons will live to 100
Newslnks - December 30, 2010
- HS Dent - The Lost Decade Ahead
- Grey power really has arrived
- Tax grab growing in N.S.
- Shelving CPP reforms is the right way to go
- AIMCo joins rush to infrastructure
- How to fix state pensions without a federal bailout
- New proposal to fill pension gap worth considering
- Debt at every turn: New governors attack state debt
- Parking tax proposed for Pittsburgh pension gap
- UK surge in strike action next year over pensions
- Unfunded Municipal Pensions: Conveyor Belt to Oblivion
- UC's execs tone deaf on pension request
- U of California execs' demand for more benefits angers many
- Greek pensions = Herculean efforts required
- Ten million Britons will see their 100th year
Newslinks - December 28, 2010
Newslinks - December 27, 2010
- Pension issue ‘defined’ U.S. Steel lockout
- Professor warns about rising public debt in Maritimes
- Ottawa plans to let firms use letters of credit for pensions
- Illinois pension bill may cut too deep for teachers
- Sask. Pension Plan may be used to develop changes nationally
- China's Aging Population: A Demographic Crisis
- CBS 60 Minutes: "Day of Reckoning Is at Hand!"
- All but eight states will exhaust public sector pensions by 2030
- America's public pension crisis has tragic consequences
- Video - State pension in deeath spiral
- Several local officials already drawing public pensions
- Public Pensions: Can Your Benefits Can Be Cut?
- The Gordian nightmare of public pensions
Newslinks - December 24, 2010
- Merry Christmas
- Veterans win right to sue over clawbacks
- Nortel creditors nab executive retirement fund
- Saint John faces tax hike, service cuts over pension
- Markets, real estate offer way forward for struggling pension funds
- Is the Piggybank broken? — Dial down the rhetoric on pensions
- IMF - Canada's health costs hidden, unsustainable
- U of Guelph grapples with pension funding crunch
- How much do you need?
- Inmates to keep pensions for now
- Ex-Hydro One boss loses bid for pension boost
- CPPIB eyes $2.6B Australian real estate venture
- UK Budget Deficit Hits Record High; Cut Public-Sector Pensions
- It's time to start saving
- Provinces Torn Over Pension Reform
- Teacher negotiations heading into conciliation
- How to retire without losing your identity
- House Republicans are ready for war against public sector unions.
- Public pension schemes 'should be career average'
- Call for career average public sector pensions
- N.J.'s unfunded pension liability grew 18 percent in a year
- WSJ - Pensions Push Taxes Higher
- Big pensions for veteran lawmakers
- Alabama Town Stops Paying Retirees' Pensions
- Alabama Town’s Failed Pension Is a Warning
News from Kananaskis
- PROVINCES AGREE ON POOLED PENSIONS
- Labour group takes over Morton's office ... but he's in Kananaskis
- Flaherty gains ally in pension debate
- One reason why pension reform is necessary
- Pensions need reform, not more bickering
- Pensions and Benefits Monitor - Excellent podcast discusion of the Saskatchewan Pension Plan and why Flaherty used if for an example for the PRPP
- Video - The next pension reform crisis and why nobody is listening
- The PRPP low cost advantage
- UK - Nest program the their version of PRPP
- UK Pension Reforms - Department for Work and Pensions
Newslinks - December 21, 2010
- Americans Eager to Cut Government Salaries
- Pension outrages old and new
- OECD calls on Spain to increase retirement age
- 7 Signs Your Pension Fund Is In Trouble
- Chevreau: Pooled pensions make sense — in principle
- Go-ahead to pension plan for small, medium-sized businesses
- The Willy Loman pension myth
- Shuffling ahead on pension reform
- Public pensions must protect the public
- Flaherty pension plan - Guess who's coming to dinner?
- Star - Speak up on pensions now or give up
- NUPGE - Canada's finance ministers put off pension reform
Newslinks - December 19, 2010
- The debate over compensation for teachers in Alberta
- Compare this to your Province
- Study - Tradeoffs in pension reform still need to be achieved
- CPP enhancements No saving grace
- Half a mil a month? Sounds good to me
- Ottawa’s CPP move ‘disappointing
- Georgetti Criticizes Flaherty
- Dear Canada: Don't surrender on CPP reform
- The cost of MER's and investment fees.
- Montreal too generous in pay, benefits
Newslinks - December 16, 2010
- Alberta ignores plea to boost CPP
- One in 3 won't have enough to retire: poll
- Five points to remember about CPP
- Richer CPP would improve pensions
- Montreal residents 'strangled' by tax hike for compensation costs
- QPP benefits up 1.7 per cent in 2011
- Quebec Pension Plan pricey house of cards
- Video - City Of St. Louis Pitches Cuts in Firefighter Pensions
- NY Assemblyman goes double-dipping
- ‘Sucking the system dry’
- 11 sitting lawmakers to double-dip starting in January
- Australia to reform pension system, attacks fund fees
Newslinks - December 15, 2010
- Governor Calls on Lawmakers to Fight 'Silent Coup' From Government Unions
- CFIB report on retirement security
- CFIB - Finance ministers urged to address public sector pension gap
- No surgery needed - fine on public sector pension
- Deficit: Experts note public pension plans with defined benefits not sustainable
- Candor from a Central Banker
- St John police union ratchet up their war of words
- Ottawa to cut off prisoner pensions
- Bottomless pension funds with no public benefit.
- Seattle wants to cut some public pension benefits
- UC raises retirement age for university employees
- One million pensioners still burdened with a mortgage
- The struggle to rein in public-sector unions
- Government Unions vs. Taxpayers
- The problem with pensions
Newslinks - December 13, 2010
- A call for pension reform
- Saint John faces $1M deficit
- Taxpayers in St John pay 13-cent tax-rate hike for pension
- Public-sector unions illegitimate
- U of Calgary kicks the can down the road!
- Nortel loses £2.1bn pension pot battle
- Gambling with Canada's Future: The Canadian Pension Plan's Risky Investment Strategy
- Public pensions soar as workers toil longer
- Public-sector unions in Ohio soon may be under siege
- NYC - Outrageous public-employee pension obligations
- Talk of pension shift gets heated in Milwaukee
- Separating helpful, hurtful pension-fund practices
- Spain govt takes risk on pensions to placate market
- British Airways in talks to cut pensions hole
- Turkish finance minister says 'high' retirement pensions are 'crazy'
December 12, 2010 newslinks
- Video - San Diego Looks to `Radical Rethinking' on Pension Costs
- Is the Piggybank Broken? — Demand fairness
- St John police fight for taxpayer funded gold-plated pensions
- MY Times - Accounting for Public Pensions
- Government consults on calculation of public pension costs
- Florida govenor eyes cuts to employee pensions
- Dashed: the last hope for final salary pensions
- Fox - A Public-Pension Crisis May Be Brewing
- Rising pension costs put strain on Sacramento
- Radical Bolivia pension reform
- California Pensions May Face $200B Hole
- San Diego's polemic plan for California pension woes
Newslink - December 10, 2010
- CFIB - Thinks the Piggybank Broken! — Demand fairness
- Push for change to gold-plated pensions
- Pension Pulse - Canada's Largest MEPP Takes a Hit
- Auditor general to probe disability payments for veterans
- Budgets should be about affordability
- NY's pension costs to explode in 5 years
- Saskatchewan: pension plan gets a boost
- Company pension assets declined
- Businesses key to city's economy
- At the City of Montreal pension are the real problem
Newslinks - December 6, 2010
- Boomers feeling the retirement pinch
- Edmundston retirees endure cuts to benefits
- Pensions on different sides of the Canada-U.S. border
- The Mother Of All Bailouts
- Ireland's 'morbidly obese cats' and runaway public sector pay
- One third of workers approaching retirement do not have pension savings
- Pension Woes Prompt GOP Move
- UK Pension incomes 'are hit by fees'
- Who got stimulated?
Public Sector Pensions ... Excellent Series
- Pension systems a soaring burden
- Big pension costs also a burden elsewhere
- Convicted officials still get pension from state
- Some retired teachers rehired while drawing pensions
- Pension payouts bolstered by city
- Generous pension benefits for elected officials
- Pension plan for police, fire adds to cost
Newslinks December 7, 2010
- The bigger debt picture
- BC police costs set to increase
- Take a close look at company pension plans
- NB Labour leader calls for pension task force
- Ontario Teachers buys into Brazilian bank
- Muni Bond Chaos Imminent
- Ontario Passes Bill to Further Pension Reform
- Young women facing a poor old age
- Pensions confusion sparks fears of post-work poverty
- NY Pension Costs Poised To Explode »
- UK Pension fund deficit 'widens 50%'
- New York State Pension $71 Billion Underfunded
Newslinks December 3, 2010
- Federal Workers to Get Boost in Pay Despite Freeze?
- The Federal Pay Freeze That Isn’t Much of One
- Mayors deride Montreal taxes, salaries, pensions in 2011 budget
- Teachers want $1.5-billion for its MLSE stake
- Planning retirement falls to individual
- Are you Working in the Public Sector?
- Illinois Senate approves cutting future police, firefighter pensions,
- CPPIB's Wiseman focuses on Asia
Newslinks - December 2, 2010
- Public pensions blackmail taxpayers
- Retiring some pension options
- Universities facing service cuts to fund gold-plated pensions
- University pension crunch worse than expected
- Montreal Mayor to tame pension 'monster'
- Public accepts P3 deals
- Is the Piggybank Broken? — Pension myths
- Windsor retirees assail 'unfair' MPP pensions
- Ontairo MPPs richly rewarded
- What's Fair, Reasonable and Equitable?
- GM completes first stage of $6bn scheme contribution
- PSAC approves deal that will get rid of severance
- Ontario MPPs richly rewarded
- Arizona Pension costs are soaring
- Rhode Island politicians face a pension system in peril
- Illinois Votes for Reforms of Police, Fire Pensions
Newslinks - November 26, 2010
- Boosting CPP through higher payroll taxes would kill jobs and harm the economy,
- Do poiticians serve public, or just public unions?
- Professor flunks MPs on pension debate
- Pension, CPP debate fires up readers
- Parties joust over pension reform in "take note" debate
- Work hard: you need to pay for civil servants' pensions
- Senate dashes Nortel pension hopes
- Alberta announces commission to review judges' salaries, benefits
- Good pension news for newsprint mill
- Ireland’s Austerity Plan at a glance
- Do MLAs serve public, or just public unions?
- Police union nixes proposed pension reform package
- Police unions concerned about taxpayers ability to ante up
- ‘Ridiculous pricing’ a problem for Canada's pension funds
Newslinks - November 24, 2010
- Pension deal: Caviar for them, crusts for you
- St John Police union lash out over loss of gold-plated pensions
- Province must reform pension to save taxpayers money
- Taxpayers to ante for U of Windsor of pension shortfall of $70 million
- Outraged chief slams release of salary stats
- Longer life expectancy pushes up pension costs
- Roy Green: Canadian health care is on the critical list
- Put the Cookie Down....Mr. Duckett
- Put that cookie down - Alberta's healthcare crisis
- Alberta Healthcare -$5.73 million in severance and retirement packages
- Tory MLA booted from caucus after criticizing health care problems
- City of Calgary power CEO paid $2.7 Million per year
Newslinks - November 23, 2010
- Pension envy all the rage - Montreal Gazette version
- Federal committee plans public-sector pension review
- Why 68 or 70 should be the new 65
- Should Canada raise its retirement age?
- Pension deal: Caviar for them, crusts for you
- Firing public execs too tough: report
- Saint John faces asset seizure over pension debt
- Big pension plan changes in St John
- Gulity pleas in state pension fund pay-to-play scandal
- Tax-relief cut on pensions to hit public sector hardest
- UK Public sector reforms cut pension pot by 25%
- PPI hits back at Clegg over public sector pension cost
Newslinks - November 22, 2010
- Pension envy all the rage
- Pension Riots Brewing in Canada?
- Albertans say nay
- Can CPP be sustained?
- St John's prolonged pension problem
- Prisoner pensions to end soon
- Is this a joke?
- St John taxpayers issued serious pension warning
- Arizona House speaker unveils sweeping plans for pensions
- Pensions support Congress retirees for life
- Retiring MPs to collect liftetime pension worth $26million collectively
- Pension guaranty agency faces an onslaught
- San diego Mayor Proposes eliminating pensions
- California Dream - Gold-plated pensions
Newslinks - November 18, 2010
- MPs schedule pension-reform debate
- CPP talks should also address raising retiring age
- CFIB - Time for government to back off
- Doubling Canada Pension Plan benefits to cost businesses big
- Daw - Should retirement begin at 67?
- How Canada can avoid France’s retirement woes
- Ottawa to rely on public service attrition spending cuts
- Dalhousie University seeks pension relief
- St John City manager to present pension suggestions
- NS - school board seeks pension relief
- Is your man your retirement plan?
- CPPIB closer to owning 407
- Pension scandal - paying $6.2-million in SEC settlement
- Caisse invests $7.8M in food-service firm
- Court ruling means CPP nurses could get big payout
Newslinks - November 17, 2010
- Delaying CPP benefits two years matter of when, not if
- Let Canadians decide whether to raise retirement age,
- Alberta still opposed to expanding CPP: finance minister
- Baby boomers need help preparing for retirement,
- Strahl defends party pension policies
- Alberta needs pension reform: AFL
- Retire like you've got a pension
- Four million over 50s to work beyond retirement age
- Third of workers over 50 have no pension pot
- EU 'puts final nail in coffin' of our gold-plated pensions
- The secret sauce behind bloated state pensions
- Mayors plead with lawmakers for pension reform
Newslinks November 16, 2010
- CD Howe report on federal pension shortfall
- Pension shortfall bigger by $65B
- Pity not the poor federal civil servants
- Labour wants to persuade Alberta government to bolster CPP
- A new era in DB risk management
- Dynamic DCs: working Canadians deserve it
- Time to choose the winning pension reform ‘horse’
- St John pension - City puts off making $4.9-million payment
- Pension games
- C.D. Howe repeats discredited findings
- Pensions 'decimated' by low interest rates
- Contribution rates in the public sector are ‘divorced from financial reality’.
- UNION FURY AS PUBLIC SECTOR IS WARNED: YOU MUST TOP UP PENSION
Newslinks - November 15, 2010
- Pension assets rebounded in 2009: StatsCan
- Report rings false alarm when PS pensions OK
- Pension reform: Governments need to move
- Ontario pension fund execs living it up
- Federal employees sick days an epidemic
- Revamping Canadian pension plans
- Super-sized pensions, and a doomsday scenario
- Plenty of public employees can retire under age 50 - Canada too!
- Third of over-50s 'have no savings' for retirement
- Arizona State pension fund tried suing newspaper to withhold payouts
- Bell officials won't receive pensions to match huge salaries
- Teachers' $500 Billion (and Growing) Pension Problem
- Maryland facing $33 billion pension gap
- Local government backs higher pension contributions
- Anglo Irish Bank chief executive pension pot safe from creditors
Newslinks - November 12, 2010
Newslinks - November 11, 2010
- Input welcome on MLA pensions after doubling
- Ottawa's pension obligation larger than reported
- U.S. Steel pensioners desperate to keep indexing
- CPP v. Caisse: Who's the biggest?
- Feds, provinces must synchronize pension reform
- Small CPP rise would solve Samaritan's Dilemma
- Feds have $65B pension funding shortfall: C.D. Howe
- Canada Pension `Encouraged' by Plan for Clarity
- PMAC pushes for smarter pension reform
- Time to double pension benefits is right now
- Pension move 'unfair on firms'
- BBC Journalists Call Off Strike Over Pension Cuts
- Teachers' $500 Billion (and Growing) Pension Problem
- Committee to target elected officials' pensions
- After outcry, House to return
- California passes pension reform laws
- A pensions crisis won't delay retirement for everyone
- Grand Rapids' high pension costs are causing budget woes
Newslinks November 9, 2010
- US Steel pensions - It's a chess match now
- How to cure deficit blindness
- Will your retirement be a wealthy one?
- Public Pension Crisis in OECD Countries
- No public input on MLA pensions in NB
- The 2010 election was a call to cut public pensions
- N.C. looking at riskier pension investments
- UPS to sell $2Billion debt to fund pension
- Forget 66, most people expect to work into their 70s
- After the Pension Fight, Can Sarkozy Rebound?
Newslinsk - November 8, 2010
- What Happens When a State Goes Bankrupt?
- Best of day - Grasp pensions nettle
- Workers at Hamilton steel plant locked out over pensions
- N.S. veterans rally for benefit reforms
- North Providence will slash former fire chief’s pensio
- Legislature goes home without fixing pension crisis
- Pension crisis extends far beyond Pittsburgh
- MILLIONS FORCED TO WORK AFTER 70
- Public-sector wealth can only lead to private decay
- Save now or face the consequences of a ‘pension revolution’
Newslinks - November 7, 2010
- Shopping in U.K. a breeze for Canadian pensions
- No movement as hours to U.S. Steel lock out tick away
- Daw: Ten tips for turning your RRSP into income
- CPP is in need of a boost
- Big city pension changes coming in cincinnati
- UK Pensions steered away from disaster???
- Pension age is ‘just a number’...for the rich
- A million march for fair pensions in France
- Cameron must not be swayed by the strikers
Newslinks - November 5, 2010
- Canadian pension funds win UK high-speed rail deal
- Campbell Pension Over $2-million to Age 80
- CTF - Prentice to Rake in $43,000 Annual Pension
- Campbell will get lucrative six-figure pension
- Hamilton - No vote on U.S. Steel offer
- THE 'NEW RETIREMENT' - MOST CANADIANS WORKING INTO GOLDEN YEARS
- Retiring means you continue working
- Queen's still in the red - Big problem really is pensions
- Is Macleans magazine a Francophone bigot
- 'Fiscal squeeze' brought on by aging: economist
- Too early to declare demise of defined benefit pensions
- 'Borrowing In Disguise': Pension fund realistic expectations cost Billions
- Public sector union poll finds support for increased pensions
- Could California's Pension System Collapse?
- The Lawmaker's Pension in US Congress
- What you don't know about state pensions
- California Unions lawsuit after passage of pension reform
- Voters draw line on public safety pay and pensions
- $3.6 billion tab for Pittsburgh pensions if state takes over
- Only way is up for pension burden in Ireland
Newslinks - November 4, 2010
- Advice and education still a struggle with CAPs
- Doubling CPP benefits is responsible?
- Canada. CPP buys in Germany
- Top Officials Deny Pension Crisis
- Illinios wants to borrow $4 billion for in pensions
- Election adds pressure to change public pensions
- Tax needed to cover suffocating pensions in Allentown
- Voters: Pension reform wanted now
- Nest chief hits back at criticism over charges
Newslinks - November 3, 2010
- Pensions part of deal - Of working for taxpayers
- Talking Pension Reform With NL Finance Minister
- Liberals plot Canada Pension Plan strategy
- You've lost your job - what's next? - Your pension?
- St John - The pension plan? Just fix it
- St John hopes for province's OK on pension
- How Canada can avoid France’s retirement woes
- Sarkozy wins battle, but war rages on
- Public pension reform key issue in California race
- UK earmark more than 100,000 civil service job cuts
- Concerns with the new UK Supplementary pension plan
- UK Gets to grips with the state second pension
Newslinks - November 1, 2010
- Public-Employee Unions Funnel Public Money to Dems
- Toronto election offers chance to reform public sector
- Ontario report calls for improvements to CPP
- U of C facing tenuous finances - skyrocketing compensation
- Taxpayers deserve better - Will NB review provide it?
- Rein in public worker benefits
- How safe is Your pension?
- PS workers entitled to their entitlements
- NB - Tories pledge tough pension laws
- Fighting the new 'normal' (Its not Freedom 55)
- Duncan asks Ontarians for pension advice
- U of G Starting Pension Discussions
- Pension crisis is in the limelight, but solutions won't come easy
- Legislators closely tied to pensions - Involvement to reform
- Two-tier pension plan doesn't resolve financial burden
- Nest set to hatch savings revolution
- MPs leave with pots of gold
Pensions Blogs of Note
The Million Dollar Questions - A bit of comedy
Reason TV - Drew Carey political web-site
Videos - Why Pensions are in Crisis
Excellent Video Links - The war for pensions
National Public Radio Pension Series
- Shortfall Threatens Illinois Pension System
- Burning Away Cash: Pension Plight In Rhode Island
- Public sector employees have no worries
- Los Angeles Mayor On City's Pension Plans
- California Pension Costs Fuel Growing Anxiety
- Deferred Promises: America's Pension Crisis
- Gambling To Fix Pensions Can Lead To A Bigger Bind
- Different Pension Systems - Defined contribution and gold-plated
- State Pension Underfunding Before The Great Recession
- Gambling with Pensions
- Meager Savings Set Up Not-So Golden Years
Video show outlining Canada's pension options
Excellent video on pension challenges
The CTF issues the Teddy Awards for waste in government
The Winners .... MP's pensions
Entertaining video - This ponzi scheme is stranger than fiction
CNN Broken Government Series
CNN - All out war on union negotiated, taxpayer funded, government pensions
St John Telegraph Journal Editorial
Click to article
Stories of Note
Video - A critical look at government workers and the unions that represent them.
New Start Nova Scotia - First up Pensions in Crisis
Unbelievable!!! - U of C $5 million pension deal a "Handshake Deal". M
Canadian Taxpayers Federation
Public pensions in deep doo-doo
Regina public pensions in deep doo-doo
Bill Tufts has the numbers and explains in this excellent post. He estimates the pension liabilities to be $141 million. Look out taxpayers! Contribution levels are going to skyrocket and you will be paying through the nose to give city bureaucrats pensions when their salary is already higher than yours.
William Tufts is doing Canadians a huge favour. The employee benefits specialist recently created a new blog, Fair Pensions For All. Barely out of the gate, Tufts already has an informative blog on the problem of public pension liabilities in Canada.
Regina public pensions in deep doo-doo
Bill Tufts has the numbers and explains in this excellent post. He estimates the pension liabilities to be $141 million. Look out taxpayers! Contribution levels are going to skyrocket and you will be paying through the nose to give city bureaucrats pensions when their salary is already higher than yours.
Toronto Star Pension Crisis Coverage
Canada's Top 10 Pension Funds
Reports of Interest
- The British Columbia Sunshine List
- PDF of Top Pension Plans in Canada
- A Pension for Every Pot - Gap between Private and Public Sector Pensions - PDF
- CD Howe - Ambachtsheer Pension Vision - PDF
- Retirement Action - Excellent site for those about to retire
- CFIB Report - Canada's Pension Predicament
- CFIB Wage Watch - A Comparison of Public Sector and Private Sector Wages
- Statscan Perspective on Unions
- Ontario Sunshine List - Public Employees EArning Over $100K
Pension Blogs I Follow
Canadian Federation fo Independent Business states .... The unfairness has gone on long enough
Many Canadians will never be able to save enough to afford a comfortable retirement yet are forced to contribute into the pensions of the public sector. Most public sector employees will retire at a young age with gold-plated pensions far in excess of most Canadians' retirement savings. We cannot let this pension apartheid continue. CFIB states ....
St John NB - Saga of the Pension Wars
- Union heavy weights in town for championship match
- Comments from Deputy Mayor
- Please ...End the lawsuit, lift the chill
- Pension Bid to draw newspaper into lawsuit turned down
- Conflict of interest - councillors qualifying for public pensions make rules
- Who are they? Desperate to keep pensions
- The public interest vs. the public service pensions
- Mayor reluctant to protect taxpayers interests
- Pension Deputy mayor doubts any MLA will support city-backed bill without union consensus
- April 29 - Change in pension laws needed
- A Modern-Day David versus Goliath - Excellent review of pension problems
- Herb Duncan - City workers, Citizens deserve independent pension review
- Feb. 16 - Keeps getting better. Big retirement perks
- Shut Up! You can listen to the excerpt here: http://www.cbc.ca/mrl3/8752/asithappens/20090203-aih-2.wmv beginning at 19:58 minutes
- Pension Union leaders slam common council's decision to seek changes
- Feb 03 - Pension Preliminary figure shows fund $146 million in red
- The big questions - Questions at forefront
- Feb 2 - 09 More bad news for troubled pension fund
- Fair Taxes Now - Excellent video from Deputy Mayor
- Blackmail - Mayor to go to court for protecting taxpayers
- $ 131 million in special payments to support public sector pensions
- Tax rate could drop 4 cents
- Council appears to be getting it
- City Manager Totten gives council what it's looking for
- Fair Taxes First - taxpayers unite!
- Bill Tufts - Letter II ... half way down page
- Find full fix for pension
- Bill Tufts Letter - Pensions are too rich
- Review the pension plan
- Progress will Begin When Silence Ends
- Progress begins when silence ends - Part II
- Open the pension books
- Is the city solicitor in conflict of interest?
- Pension reforms could cut tax rate
- City governance: a case of the tail wagging the dog
- City Councillor wins latest skirmish with pension board
Market Crash 1929
Global Research
Large tax increase expected in Vancouver - Here's why
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