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Frank Snyder: Gov. Corbett's pension math doesn't add up
As secretary-treasurer of the Pennsylvania AFL-CIO, it is my responsibility to ensure our funding derived from paychecks of rank-and-file workers serves their best interests. By extension, I feel the same responsibility to hold public officials...Tags: Executive Branch, Public Employees, Interior Policy, Career and Workplace, Regional Authority
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At Milken conference, lots of pension questions and few answers
Underfunded state pensions are a vexing problem that even the brightest minds at the Milken Institute Global Conference can’t solve. State governments nationwide have fallen behind in saving for employee retirements. The average public pension...
Tags: Retirement, Pension and Welfare, Interior Policy, Politics, Career and Workplace
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Steelworkers to vote on proposed 6-year contract with Caterpillar
— The United Steelworkers union will vote Tuesday on a proposed six-year contract with Caterpillar Inc. that would freeze wages, increase contributions to health care costs and offer senior employees fewer protections. The proposed agreement covers...Tags: Collective Contract, Unions, Joliet, China, Health and Safety at Work
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Caterpillar Wisconsin workers consider contract
Tribune reporterMembers of the United Steel Workers in Wisconsin are set to vote Tuesday on a proposed six-year contract with Caterpillar Inc. that would freeze wages, increase health care costs and give senior employees fewer protections. The proposed agreement covers...Tags: Wage Contract Issues, Collective Contract, Strikes, Employees, Bucyrus International Inc.
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Roth IRA rules based on income
Q: My company has a defined pension plan that it funds entirely. In addition, I contribute 16 percent of my salary to its matching 401(k) plan. Can I also contribute to a Roth account? If so, how much? — J. E., Davenport A: For individual Roth...
Tags: Financial Planning, Pension and Welfare, Interior Policy, Politics
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Use windfall to save for retirement before paring student debt
Dear Liz: What would you suggest that someone do with $20,000 if the someone is closer to 40 than 30, single, with $100,000 of student loan debt and a $250,000 mortgage? My salary is around $100,000 a year. I have an emergency fund equal to six months...Tags: Pension and Welfare, Interior Policy, Consumers, Personal Finance, Politics
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Cities struggle with rising cost of police, firefighter pensions
The attractive pensions that municipalities have traditionally offered to police officers and firefighters could become another victim of tight times at City Hall. Across Central Florida, cities are finding they can't keep up with rising pension costs,...Tags: Retirement, Pension and Welfare, Interior Policy, Labor Legislation, Local Government
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Risky alternative investments not for the faint of heart
With interest rates near record lows, older savers are finding it harder to stomach bank CDs or Treasury bonds. But Belvidere, Ill., retiree Miles Fryar would be having fewer sleepless nights if he had parked his cash in those traditional investment...
Tags: Plant Openings, Textron Incorporated, Finance, Land Price, Retirement
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In Theory: Has the economy damaged the work ethic?
Sociologist Max Weber first advanced the idea of a Protestant work ethic in 1914. A recent study suggests that not only does this ethic exist, it can make the effects of unemployment worse for Protestants than for non-Protestants. The Dutch survey,...Tags: Philosophy, Gun Control, Social Issues, Religious Texts, Science and Technology
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My Word: Where has personal responsibility gone?
The whole thought process on the merits of the Florida Retirement System — as expressed in the April 12 My Word column, "All workers should have state plan's security," by Tom Morris — is precisely the reason that Europe's countries, and now...Tags: Retirement, Pension and Welfare, Employees, Interior Policy, Politics
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My Word: Pension bill: Pay more, get fewer benefits
A pension bill before the Florida Senate asks taxpayers to do something that will leave many of them scratching their heads: pay more for less. That's the conclusion of a study I conducted for the Florida Retirement Security Coalition on the impacts of...Tags: Retirement, Pension and Welfare, Employees, Interior Policy, Florida Legislature
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MarksJarvis: Financial literacy programs well worth the time
It's Money Smart Week, a collection of free financial literacy programs offered throughout the week, aimed at helping people deal with virtually every money issue imaginable: from how to get out of debt, to buying homes, paying for college, building a...Tags: Central Bank, Mortgages, Chicago Mortgages, U.S. Congress, Fannie Mae
Apr 30, 2013
|Story| Allentown Morning Call
Apr 29, 2013
|Story| Los Angeles Times
Apr 30, 2013
|Story| Chicago Tribune
Apr 28, 2013
|Story| Chicago Tribune
Apr 28, 2013
|Column| Orlando Sentinel
Apr 5, 2013
|Column| Los Angeles Times
Apr 27, 2013
|Story| Orlando Sentinel
Apr 28, 2013
|Story| Chicago Tribune
Apr 26, 2013
|Story| Burbank Leader
Apr 26, 2013
|Story| Orlando Sentinel
Apr 23, 2013
|Story| Orlando Sentinel
Apr 21, 2013
|Column| Chicago Tribune
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