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Retirement Funding
Bloomington School Board Honors Retired Superintendent Reilly | local education
BLOOMINGTON -- The Bloomington School Board honored retired District 87 Superintendent Barry M. Reilly Wednesday night before he filled a vacancy and finalized this year's budget."This job, like any leadership role, isn't…
Rubio is launching a campaign to prevent federal employees’ savings from going to Chinese…
Message Analysis
Sen. Marco Rubio (R-Fla.) is unrelenting in his campaign to pressure Federal Retirement Thrift Investment Board (FRTIB) officials to invest the savings of US military and civilian personnel in Chinese companies.
In an…
US Treasury Secretary; Bitcoin falls
People should not rely on investing in cryptocurrencies as part of their retirement strategy, said Janet Yellen, an American economist and the 78th US Secretary of the Treasury. They think the asset class is "very…
Pritzker highlights pension consolidation, budget investments for first responders
SPRINGFIELD, Ill. (WGEM) – Gov. JB Pritzker met with leaders of the Associated Fire Fighters of Illinois in Springfield on Wednesday. The group discussed recent pension consolidation and investments in the fiscal 2023 budget to help first…
Manhattanville College President Dr. Michael Geisler announces his resignation
13th of Manhattanville Collegeth President, Michael E. Geisler, Ph.D., who has led the school into a new era and successfully guided it through the pandemic, has announced that he will be retiring effective June 30.…
Marin’s public pension schemes reduce liabilities
An analysis of Marin County's public pension systems offers an optimistic view.
The assessment was released Wednesday as the second in a three-part series by the Center for Labor Research and Education at the University of California,…
Super alert – June 3, 2022
Welcome to the latest edition of the KHQ Super Alert. This week, APRA and ASIC released new FAQs on the Retirement Income Agreement, AFCA finalized its new funding model after industry consultation, and another decision was made on a…
Mahoning Receives $4.4M in Capital Projects from $3.5B Bill | News, Sports, Jobs
Mahoning County receives $4,465,000 and Trumbull County $2,013,000 from the state capital budget to pay for infrastructure and community improvement projects.
The $3.5…
Spotify is bringing back political ads after ending them in 2020
Spotify stopped hosting political ads on its services in early 2020, citing a lack of "robustness" in its systems before what turned out to be the ugliest US election in recent history. Less than two years later, as the midterm primary…
This assumption could ruin your retirement plans
One of the hardest things about planning for retirement is that it's difficult to estimate your living expenses years in advance. Imagine you're in your 30s and trying to get a grip on the cost of retirement. At this…
3 retirement accounts that run circles around a 401(k).
Not everyone has access to a 401(k) plan, but if you work for a company that offers a 401(k) plan and match, it's worth making a contribution. This is a great way to snag some retirement money for free.
But if you don't…
Flint faces bankruptcy with no cash injection for pensions, CFO warns
FLINT, MI. - Flint faces bankruptcy without a significant cash injection to meet rising pension costs, the city's chief financial officer warned Thursday, May 12.Chief Financial Officer Robert Widigan told city council members that pension…
The popular Seattle colleges’ programs are safe for now, but their long-term fate remains…
Faced with years of massive budget crunch, Seattle college administrators told the faculty last month that four popular programs, including the well-known culinary institute, are at risk of closing.
"It just didn't feel…
Morrisons and EG make final bids for McColl’s
Wm Morrison has made a last-ditch bid for McColl's, prompting petrol station operator EG Group to upgrade its bid to buy the ailing British supermarket chain out of administration. Just hours before a court was expected to officially…
Missouri’s budget funds billions of dollars in teacher pay increases and projects
The Missouri Legislature on Friday approved a $49 billion budget -- the largest in state history -- that will use a cash-filled treasury to fund increases for teachers, income tax breaks, rural road…
Glazer would be a strong independent California controller – Lake County Record-Bee
California needs a controller of integrity and experience in state government - someone who has demonstrated political independence, the ability to foster bipartisan cooperation, and a willingness to speak truth to those in power.
Bay Area…
Jason Bailey: It’s time to cancel student debt and get back to education as a public good
President Biden's recent statements that he will forgive some student loan debt are hopeful news for the 616,000 Kentuckians who owe them, our communities, and the economy. It will also be a chance to fix a broken and…
As coal stops burning in Colorado, coal workers’ money goes up
Lawmakers in the Colorado General Assembly are poised to pass another round of funding for the state's efforts to ensure a "just transition" for coal workers impacted by the clean energy transition --…
Workers and employers are becoming skeptical about deadline funds, TIAA says
Traditional target date funds (TDFs) are past their heyday as the preferred employer retirement plan for millions of American workers,…
Washtenaw County organizations are launching Care on Wheels service during the pandemic.
YPSILANTI, Mich. - Two local organizations have joined forces to help seniors cope with increasing isolation during the COVID-19 pandemic.Ypsilanti Meals on Wheels delivers home meals to senior citizens three days a week. During the…
Military veterans celebrate bill that would exempt their pensions from taxes
The Museum of the African Diaspora (MoAD), in partnership with global online art marketplace Artsy, presents its 2022 online benefit auction, Many Voices, One Diaspora, featuring works by more than 50 leading local, national…
A prime broker for digital assets and other news
In other news, State Street falls back on Prudential, FIS partners with Fireblocks, FundGuard finds new funding and Rathbone stays with SS&C.
Finansiv offers connection between fiat and crypto trading
Finansiv, a prime…
After a lifetime of trauma, Liberian laboratory chimpanzees are retiring
65 chimpanzees that were once laboratory animals now live freely on river islands in Liberia - being cared for as…
Amazon will undergo a race audit
Amazon.com Inc. said it has agreed to undergo an independent racial justice review and to join companies such as Citigroup Inc. and Tyson Foods Inc. in conducting such reviews. The audit --…
Pension Bill Benefits City | News, Sports, Jobs
If you had asked Wheeling city leaders not too many years ago to list their top tax concerns, funding for police and fire service pensions would be at the top of the…
Morgan Stanley retains the Lucerne County Pension Fund contract
Morgan Stanley will continue to oversee Luzerne County's employee retirement fund, which is currently valued at about $291 million, the County Retirement Board ruled Wednesday.
The board voted in January to publicly solicit…
Retirement Savings in a United Ireland – Slugger O’Toole
One theme that I see coming up again and again is the issue of pensions in a united Ireland. On such an important topic, there seems to be a lot of misinformation out there. The ongoing "civil talk" hasn't really addressed it, and sadly…
Legal & General invests £2bn in pension funds in affordable housing
© Syda Productions
Investing in the pension fund will help create more than 10,000 new homes across the country and help improve the UK through Legal & General's goal of inclusive capitalism.
The investment will help…
IntelyCare Raises $115 Million in Series C Funding Led by Janus Henderson Investors
IntelyCare's advanced technology platform addresses the nation's growing healthcare challenges by placing caregivers in increasingly distributed care environmentsQUINCY, Mass., April 6, 2022--(BUSINESS WIRE)--IntelyCare, the leading…
Lawmakers agree on Georgia budget with big funding increases
ATLANTA - Georgia lawmakers on Monday agreed a budget with spending increases on K-12 education, universities, mental health and public safety, reaping the rewards of a sharp increase in state revenues as Gov. Brian Kemp and lawmakers seek…
What is the average monthly Social Security benefit for a retiree?
The Social Security Administration (SSA) oversees a variety of financial assistance programs, but retirement benefits are by far the most widely used. The program offers "Replacement income for qualified retirees and their families."
As…
California will pay reparations to descendants of slaves
Also, Amazon workers vote to form a union, and Philly launches a wealth tax campaign.
Historic California vote to provide reparations only for descendants of…
indie Semiconductor, Inc. (INDI) announces the resignation of Bill Woodward and the appointment of…
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indie Semiconductor (Nasdaq: INDI), an autotech solutions innovator, today announced the retirement of Bill Woodward and the appointment of Diane…
Exchange: Arizona ready to pounce on abandoned mines | Arizona News
By RAY STERN, Republic of ArizonaPHOENIX (AP) -- Arizona has thousands of abandoned mines -- and only two state employees charged with closing them.You could be getting a lot more help soon.Under Senate Bill 1717, which is flying through…
Find out how the Alliance’s Isle of Wight Council pension fund was transformed by Cllr Chris…
Some of the points raised by Cllr Jarman in this article have been challenged by Cllr Andrew Garratt, we are awaiting a detailed response from Cllr Jarman. Ed
In the 11 months since the Alliance Group has been in power at…
The Day – Defaced old school building stripped of hate symbols
STAFFORD - The swastikas and a number associated with white supremacy painted on the former Borough Elementary School at 36 Prospect St. last week have finally been removed by the nonprofit that owns the building.The city's land!-->…
Starbucks CEO Johnson retires; Schultz returns
Starbucks CEO Kevin Johnson is retiring after five years at the helm, handing over leadership to longtime CEO Howard Schultz, who is returning to the helm of the coffee chain for the third time.
Schultz will take over as interim CEO when…
Generation X helps older people age at home
And it's potentially life-changing, even before retirement. The village of Dr. Sandefur is in a subdivision of 2,500 residents and is not distributed across any neighborhood or across communities.dr Sandefur was an assistant professor of…
Georgia House budget 2023 pay increases
Teachers, state employees, legislators and retirees would all get raises.
ATLANTA – The Georgia state government's 2023 budget promises more money for teachers, state employees, legislators and retirees, lower fees for…
The CEO of Community Futures Development Corporation is retiring
content of the article Diane McKinnon, Executive Director of Renfrew County Community Futures Development Corporation (RCCFDC), has announced her retirement effective April 30. content of the article McKinnon has been the able and…
JCT ‘Bluebook’ includes an analysis of the SECURE and CARES Acts
For those looking for an official analysis and explanation of the SECURE and CARES Acts, the Joint Committee on Taxation has just released a handy resource.
The "Bluebook" (formerly known as the "General Explanation of Tax Legislation…
Search for a retirement home for 466 Frozen Flatworm Fragments
Marian Litvaitis, Professor Emeritus at the University of New Hampshire, decided to retire in December 2019. And she wondered what would happen to her worms.Not just any worms: marine polyclad flatworms. They are visually striking, from…
School budget blessed by selectmen goes to finance for review
MADISON, CT – The $60 million Madison Public Schools budget approved by the Board of Selectmen now goes to the Board of Finance and then to a citywide budget referendum on May 17.Schools' $60,255,417 spending plan summary:Important…
86% of people don’t want pension schemes in Russia to be funded, activists say
About 86% of people believe UK pensions should not be invested in Russia, a poll conducted for a campaign group has found.The poll of 2,000 people across the UK was conducted for Make My Money Matter, an organization co-founded by filmmaker…
Would you like to receive a monthly guaranteed payment despite volatility? Here’s how |…
Variable annuities offer savers an opportunity for higher returns than…
How Texas’ power grid relates to retirement savings
We all pay more for our electricity. Last year's winter storm cost Texas billions. Money for repairing the power grid comes from investors.
AUSTIN, Texas – At least half of the electricity generated in Texas comes…
Opportunity is knocking at Maine’s community colleges
The unexpected bonanza of federal funds over the past two years, coupled with a rapidly recovering pandemic economy, has inundated Maine, like most states, with cash.It won't last. But after the many fiscal crises of the last three…
Boat bidders wrestle with right recipe for £8billion pension scheme | business news
Bidders at Boots, Britain's largest high-street pharmacy, are wrestling with options to meet huge pension liabilities guaranteed by the chain's current owner.Sky News has learned that private equity firms that submitted…
Steve Houchin looks at his career as an entrepreneur and his impact on people’s retirement…
Financial security is one of the most coveted goals that people work towards, but often fail to achieve due to limited resources or reluctance to invest more work. One of the factors that can be attributed to their seemingly…
Week 6 – Newton Daily News
By Jon DunwellThis week, the House of Representatives passed legislation cutting taxes for every Iowan. With historic inflation affecting everyone from our waiters and waitresses to our teachers and first responders, the House has taken…
Protests are mounting in Puerto Rico over demands for higher wages
SAN JUAN, Puerto Rico (AP) -- High-pitched whistles mingled with drums, tambourines and the clatter of spoons on pots as public officials closed streets in Puerto Rico's capital Friday to demand better wages and pensions.
The crowd…
The Social Security Reality Check All Future Retirees Need
If you're planning to retire largely covered by Social Security, you're undoubtedly in good company. Many seniors today get the bulk of their retirement income from Social Security, and many people…
House Republican wants bonus payments for teachers to replace funding for at-risk students
TOPEKA -- Rep. Kristey Williams dueled Tuesday with school board lobbyist Mark Tallman over her proposal to create a bonus pay scheme for teachers by diverting funds earmarked for schools with a high…
The Illinois State Police are asking for nearly $800 million for the FY23 budget
SPRINGFIELD (WGEM) - The Illinois State Police hopes to receive a 12.5% increase in state funding in the next fiscal year. Director Brendan Kelly appeared before the Senate Appropriations - State Law Enforcement Committee on Monday to…
Saving for a down payment can be easier than you think
According to the National Association of Realtors, the most difficult step in buying a home is saving for a down payment. HouseLogic.com, NAR's homeowner's website, recently reported that the 20 percent down payment requirement is "one of…
Illinois can borrow $1 billion for pension payouts
Illinois lawmakers could borrow $1 billion to extend pension purchase programs through 2026. Experts warn the effort has been a disappointment and will do little to ease the nation's worst pension crisis in Illinois.…
DB pension surplus continues to grow
Aggregate defined benefit pension (DB) surplus rose by £17.1 billion last month to stand at £146.4 billion at the end of January 2022, according to the Pension Protection Fund (PPF) 7800 Index.The coverage ratio has also increased,…
🌱 A Way To Your Love’s Heart: Valentine’s Day food choices
Do you love the Scottsdale Daily? Here are all the ways you can get more involved: Good morning, dear neighbors - welcome to a new week! It's me again, Geoff Campbell, your host for the Scottsdale Daily. First today's weather:Sunny and…
Can Rose afford to retire in five years and still maintain her lifestyle?
DARRYL DYCK/The Globe and the MailRose is 55 and single "with two recently independent young adult children," she wrote in an email. "I live in Vancouver, have a condo that's paid off, and I work full-time." Her managerial job pays a base…
URBAN AGENDA: The governor’s budget includes funding for consumer assistance for student debt
Hidden in Gov. Kathy Hochul's massive executive budget for 2022-23, her first as the state's chief executive officer, is an item on page 538 that provides funding for the "operation of consumer assistance programs for educational…
CryptoIRA, Alto’s self-directed investment platform, cuts trading fee to 1%
The fee change will help users trade more for less within their crypto IRAs
NASHVILLE, TN / ACCESSWIRE / February 1, 2022 / Alto Solutions, Inc. (Alto), the self-directed IRA platform that makes it easy and affordable for individuals to…
Help, I don’t have enough money to retire
One of the key findings of the government's study of the pension industry in South Africa is that only 6% of people save enough to replace their full income after retirement.
Essentially, most people are likely to face financial problems a…
Help save for retirement: Brits urged to try ‘tax-efficient way’ to save | Personal…
When it comes to saving for retirement, every bit helps toward the ultimate goal of retiring with enough money in the bank. By using alternatives to a traditional pension system, Brits have been told they could give their savings a welcome…
Trait Biosciences Chief Executive Peter McDonough Announces Resignation; dr Promoted Hanny…
VANCOUVER, BC, January 27, 2022 /PRNewswire/ -- Trait Biosciences Inc., a leading cannabinoid biotechnology research organization, today announced its Chief Executive Officer Peter J McDonough will retire in February 2022. McDonough will…
State teachers’ group sues for cuts in funding
David CL Bauer, editorJanuary 25, 2022
A group representing retired educators statewide is suing over a move it says will drastically reduce contributions to the Teacher Health Insurance!-->!-->!-->…
4 tips from financial planners to become a millionaire
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Opinion: PERS lessons from the municipal pension system
The Public Employee Retirement Systems of Mississippi (PERS) had one of its best years ever from July 1, 2020 to June 30, 2021. That's good news for its participants, and good news for those behind the plan's defined benefit…
“He’s a liar and a cheat”: My brother extorts our ailing father out of $4,000 a…
My father has a clinical diagnosis of dementia and is cheated on by my brother. Supposedly he "takes care of" my father. Me and two sisters live in another state. However, dad is looked after 24/7 by two lovely ladies who do all the…
Lenoir County, Kinston businesses are recruiting
As the New Year begins, labor shortages, retention, COVID-19 issues and finding the right people for the Kinston and Lenoir Counties job are still big challenges.City and county jobs, as well as local service jobs, are still the…
Should Kansas use the budget surplus to pay off $ 1 billion in KPERS public debt?
Attorney General Derek Schmidt wants lawmakers to use much of the projected $ 2.9 billion surplus to repay the national debt while seeking tax breaks for Kansans.Schmidt is urging lawmakers to transfer $ 1 billion in cash - or more - to…
VIUM Capital Closes Multiple Acquisition Loans; 70-bed SNSF acquired for USD 5 million
VIUM Capital recently entered into several qualifying nursing care agreements, including a $ 21,250,000 acquisition loan for a Wisconsin-based senior residential community and a $ 58 acquisition loan for a Michigan portfolio of five…
What an increasing number of 5-star Medicare benefit plans mean for beneficiaries
According to Medicare.gov, Medicare uses information from member satisfaction surveys, plans, and healthcare providers to give plans overall performance stars.A plan can receive a rating between 1 and 5 stars, and these ratings!-->…
Summary of the most important M&A deals in the food and beverage sector in 2021
Emerging consumer goods brands capitalizing on large traditional categories have been bought out by consumer giants ... in historical deal values ââthroughout 2021.
Getty Images…
We can’t let Congress cut Medicare Advantage
Published Saturday, January 1, 2022, 12:00 PM
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News, press releases, letters to the editor:…
Gig economy retirement plans
This story originally appeared on Due
Gig workers, like everyone else, earn a pension. Freelancers, contract workers, self-employed, temporary workers, employees on call and people with…
How Much Will Your Retirement Lifestyle Really Cost?
Retirement is not just about saving and investing. There are other things to think about, many of which will affect your financial planning for retirement in some way. In the second part of our review of the 2021 Pension Spend…
Audit Reveals Sterling Heights added $ 3 million to fund balance – Macomb Daily
The city of Sterling Heights was able to operate during the Sept.
The independent auditors Plante Moran gave the city an "unmodified" report as part of their audit process - the highest possible rating. In addition, the Government Finance…
UMN students share their thoughts on Fabel’s raise – The Minnesota Daily
The Minnesota Student Association released a statement against the raise, which will be over $ 1.1 million by 2026.On December 17, the University of Minnesota Board of Regents voted to raise the salary for President Joan Gabel, which…
Trustbridge Hospice CEO announces retirement
LYES
Greg Leach has announced his resignation after 13 years as President and CEO of the Trustbridge Hospice Foundation (Hospice of Palm Beach County / Hospice by the Sea).
Mr. Leach will continue in his position through March. He will…
Opinion: 6 ways to give something back in retirement
In an economy where most people cannot afford to retire alwaysLet alone at the age of 65, many retirees are in a much better financial position than others. One of the core tenets of wallet activism is aligning your…
Former U.S. Senator Johnny Isakson dies aged 76
ATLANTA, Georgia (WTOC) - Johnny Isakson, a Georgia Republican who embodied congenial old-school politics and served the state in the U.S. Senate for nearly 15 years, has died aged 76.Governor Brian Kemp said in a statement that "Georgia…
Chattanooga’s EPB replaces retirement plan with improved 401 (k) payments
The Chattanooga municipal electricity company may be government owned, but when EPB is competing for new hires, most workers compare EPB to other private companies.
In such a job market, EPB's directors decided on Friday…
What do Trump-era rollbacks mean for ESG investing?
The Department of Labor has just completed its 60-day public comment period to reverse two separate rules enacted under the Trump administration that made sustainable investing impossible for retirement plan issuers, E&E News…
Federal funds to finance housing construction, employee bonuses in the city of South Boston | City…
South Boston City Council at its session on Monday evening consolidated plans for the $ 3,936,338 American…
Sandboxx raises $ 8 million in growth funding
Sandpitx, a Washington, DC-based platform that navigates military life, completed a $ 8 million growth financing round.
Supporters were Boathouse Capital (lead), PenFed Foundation and others.
Led by Sam Meek, CEO and…
Good news on pension insurance does not alleviate underlying financial pressures, a new report says…
BY JERRY NOWICKICapitol News [email protected] - According to a new report from the Commission on Government Forecasting and Accountability, the state saw its unfunded…
Ponzi Perspectives: Ending 2021 Summary | McGuireWoods LLP
McGuireWoods' Ponzi Litigation team launched its Ponzi Perspectives blog in early 2021 to follow up on key decisions and new cases in Ponzi civil and criminal proceedings. Ponzi Perspectives focuses on cases and decisions that may affect…
22 uses for annuities in 2022
13. Gifting to family members
Use an income annuity to create cash flow for gifts to family members using the gift exclusion with the funds used for education funding, lifelong gift or vehicle leasing, or purchase payments.
14.…
Ventura City Attorney Greg Diaz Announces Retirement | Local news
Posted on December 4, 2021 | 8:49 a.m.
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Covid: Biden says he should beat the Omicron variant, “we have to switch it off…
We'll now focus on the coronavirus task force briefing, where public health officials provide an update on the Omicron variant.
The CDC director Dr Rochelle Walensky, begins by reminding Americans that much of the coverage has…
Wait a long time to go home
BY JOAN BAILEY Morobe's Education Department will need a budget of K1.5 million to repatriate more than 150 teachers in the province who are retired but awaiting their return to their province of origin. Morobe Provincial Education…
Char Gentes is leaving Riverside Industries after 37 years
EASTHAMPTON - Over her nearly four decades career, Char Gentes has seen positive developments in the way society helps people with intellectual and developmental disabilities lead rich, independent lives.But things weren't that "golden"…
Federal Council rejects two votes on pension reform
The Federal Council this week rejected two very different initiatives to change the statutory pension insurance.
© Marlon Trottmann _ Dreamstime.com
Like much of the developed world, Switzerland is faced with a large gap…
Build up better – what do seniors get out of it?
The House-approved Build Back Better plan would improve pension security in more ways than one - that is, if those pension-friendly regulations go through the Senate. The $ 2 trillion spending bill, recently passed…
Reforming current pension benefits, ensuring the future survival of the systems – The…
Editor's Note: The Bluegrass Beacon is a weekly syndicated newspaper column published on the Bluegrass Institute website after being published by national newspapers.Recent reports of a slight increase in the funding level of the Kentucky…
Biden Signs Infrastructure Investment and Jobs Bill – Ballotpedia News
Our weekly federal news roundup highlights the Infrastructure Investment and Jobs Act goes into effect and is a court ruling against the tax provisions of the US Bailout Act. Read all…
Owensboro City Commission Overview | news
At its meeting on Tuesday at City Hall, the Owensboro City Commission…
Gallatin Board of Aldermen Discusses Employee Pension Scheme; Police department organizes…
The Gallatin Board of Aldermen discussed the pension system for employees of the local government in Missouri on November 8, 2021. The various retirement options with the program were discussed.
Administrator Lance Rains produced a…
DB pension surplus falls £ 5.6bn
The aggregate defined benefit pension surplus (DB) declined for the first time since July last month from £ 108.8 billion to £ 103.2 billion, according to the Pension Protection Fund (PPF) 7800 index.The…
Finance of America Chief Product Officer: Reverse Mortgages “Essential” to Diverse…
While the total number of reverse mortgage professionals attending the HW Annual in Frisco, Texas last September was minimal compared to the number of forward mortgage lenders and sellers, at the C-level it dedicated one to the…
Regular increases in the income of retired teachers would undo progress in fully funding OTRS,…
Historically, the OTRS has been severely underfunded as lawmakers have struggled for the past decade to put it and other pension plans on a more solid financial footing. As a result, none of the system's retirees received a cost of living…
State gives $ 150,000 to treatment dishes in the Alpena area | News, sports, jobs
News Photo by Julie Riddle Alpena 88th District Court Judge Liz Skiba explains the filing process for government funding for the Alpena Drugs Court on Wednesday.