Dozens of Arizona elected officials wrote a letter this week asking their state’s retirement fund to not invest with the private equity firm Blackstone until it meets the demands of California’s striking hotel unions out of concern that labor strife will negatively affect pensions. The Thursday open letter was organized by UNITE HERE Local 11—which represents […]
Posts Tagged ‘pensions’
34 Lawmakers Say Strikes Put Pensions at Risk, Worker Demands Must Be Met
Kentucky Governor Signs Bill Banning ESG Investment In Public Pensions
Kentucky Gov. Andy Beshear, a Democrat, has signed into law a measure that requires the state’s public pension funds to make investment decisions on financial risks and returns, rather than environmental, social, and governance (ESG) factors. Source Views: 0
French government faces no-confidence vote over pensions
The far right National Rally party has tabled a motion of no confidence in the French government after it used clause 49.3 of the constitution to force through controversial pension reforms in parliament on Thursday. The RN’s deputies tabled the vote in the National Assembly, the lower house of the French parliament on Friday afternoon. […]
Maryland Lawmakers Want to Stop Criminal Cops From Getting Their Pensions
A former Maryland park ranger was arrested and indicted in September for allegedly raping two of his female colleagues. But despite the grim crime he’s accused of, he’s still been allowed to collect nearly $95,000 of his pension as he awaits trial in jail. Now, two state lawmakers are hoping to pass legislation to prevent […]
Trade Unionists Take A Stand For Jobs, Pay, Pensions And Conditions
The rail network was brought to a standstill today as thousands of RMT and TSSA members walked out over jobs, pay, pensions and other conditions. RMT is in dispute with Network Rail and 14 train operators while TSSA is striking at Avanti West Coast. Speaking from the Euston picket line, RMT general secretary Mick Lynch […]
Illinois Pensions Among Worst-Funded in Nation, Report Confirms
A new report confirms Illinois is among the worst in the country when it comes to funding its public pensions. The report was distributed by the Tax Foundation, an independent tax policy nonprofit. It indicates the state is only 39 percent funded for future pension obligations, the second-worst ratio in the country. “Illinois has had […]
Hundreds protest in Chile demanding access to pensions
Hundreds of demonstrators in Chile held a protest on Friday against the government’s request to revoke a bill that would allow people to withdraw some of their pension funds early, to help them cope with the current economic crisis. They blocked the main roads of the capital Santiago and tried to reach the presidential palace. […]
Trump Mulls Returning Pensions to 20K Delphi Workers Slashed by Obama-Biden
More than ten years after 20,000 workers for the auto parts supplier, Delphi Corporation, had their pensions slashed as a result of the Obama-Biden administration’s auto bailout of General Motors (GM), President Trump is considering restoring the pensions. In 2009, as part of the Obama-Biden administration’s taxpayer-funded bailout of GM, the Pension Benefit Guaranty Corporation […]
Joe Biden Said Delphi Workers ‘Did Fine’ After Their Pensions Were Gutted
Democrat presidential candidate Joe Biden said 20,000 non-unionized Delphi workers “did fine” after they had their earned pensions gutted via the Obama administration’s taxpayer-funded auto bailout of General Motors (GM). In 2009, as part of the Obama-Biden administration’s bailout of GM, the Pension Benefit Guaranty Corporation (PBGC) terminated the pension plans of about 20,0000 non-unionized American workers […]
Poland Votes To Raise Pensions For Those Who Fought Against Jewish-Dominated Communist Regime
Poland’s government wants to introduce special benefits for those who were active in opposition to Poland’s communist system before 1989 and who faced political persecution by the regime: Under legislation that was submitted by the prime minister to parliament this week, such individuals will receive a guaranteed minimum state pension of 2,400 zloty (€545) per […]
The Libyan Entanglement
Maxim Egorov (NEO) : Speaking on June 1 in Elkhart, Indiana, US President Barack Obama repeated his earlier admission that he still considered the military intervention in Libya to be one of his greatest errors in foreign affairs. This time however, he cited lack of information whereas previously he saw his mistake not in his […]
CERN Wants Artists To Live At LHC Full Time – Merging Science & Art
In yet another addition to the long, long list of bizarre things happening at CERN and it’s Large Hadron Collider facility in Switzerland, where scientists are in search of things like the “God particle”, the researchers at the facility are producing “small” black holes in order to find their elusive particles. This is the same […]
TTIP Will Not Be Finished While Obama Is President
Print Friendly Above Photo: CONSOLATION PRIZE? — President Barack Obama holds up a parking pass given to him during a celebration of the 2015 NHL champion Chicago Blackhawks at the White House on Thursday. The White House said this week that it’s giving up on clinching a trade pact with the EU before the president’s term […]
Allentown Begins To Pay On A Long List Of Police Abuses
Video of the incident was captured by security cameras. Geist alleged in her 2012 lawsuit that Ammary violated Wilson’s civil rights by using more force than necessary under the circumstances. She also claimed the city was liable for his actions because it failed to properly train him as a school resource officer or in the […]
Allentown Begins To Pay On A Long List Of Police Abuses
Video of the incident was captured by security cameras. Geist alleged in her 2012 lawsuit that Ammary violated Wilson’s civil rights by using more force than necessary under the circumstances. She also claimed the city was liable for his actions because it failed to properly train him as a school resource officer or in the […]
Allentown Begins To Pay On A Long List Of Police Abuses
Video of the incident was captured by security cameras. Geist alleged in her 2012 lawsuit that Ammary violated Wilson’s civil rights by using more force than necessary under the circumstances. She also claimed the city was liable for his actions because it failed to properly train him as a school resource officer or in the […]
China Urges US Not To Deploy THAAD Missile System In Korea
Beijing has urged Washington not to deploy its THAAD missile system to the Korean Peninsula, saying it could also be used to target China. Wang Yi , the Chinese foreign minister said on Friday that his country has urged the United States to refrain from the deployment to South Korea. He said: “The facts are […]
What would Prophet Mohammad do to Trump?
Leading GOP Presidential Candidate Donald Trump calling for a “total and complete ban on Muslims entering the US” is the worst public insult directed against Muslims I have ever heard in 40 years of living in America. He has even suggested that American Muslims be required to register in a database and have their mosques […]
Israeli center calls on Croatia to cut pensions to former Nazi-allied servicemen
Simon Wiesenthal Center Director, Efraim Zuroff (Reuters/Ints Kalnins) Israeli chief of the Nazi-hunting Simon Wiesenthal Center has called on the Croatian government to stop paying pensions to former soldiers who served in the country’s Nazi-allied armed forces. Paying pensions to members of the Ustaša armed forces is a “horrific insult to the victims, their families […]
Pentagon to cut pensions for veterans
With the Pentagon looking for new ways to cut back on costs, a report released this week presents a plan to save $250 billion over the next two decades. All they have to do is take away retirement plans from veterans. Defense Secretary Leon Panetta said Tuesday that any large cuts in defense spending would […]