Page 825 - Pensions News Today

Has been undermined. people can actually make more money staying at home. >> talk about dependency. this is a guy who doesnt have to worry about, ever, anybody coming in and taking his retirement or taking his health care benefits. this guy ought to look right in the mirror, because you see baucus will join about 500 members of congress who collectively draw $30 million in annual pension payments from taxpayers across america and the congressional pensions are two to three more times generous th...

Makes videos. now she made the video to show her boss. this is hilarious. >> i love dancing. >> this is her dancing all around the office, all different places. i like her moves. but this was her video to tell her boss she quits, im done. >> take this job and shove it? >> pretty much. i think in a pretty classy way. >> she might get another job as a dancer. >> shes going to try to come back to the united states. >> viral video maker for sure. betty, youre talking about rikers island. >> heres cr...

652 career saves, mostñr of all revolutionizing an industry can be a tough act to follow, but at xerox weve embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. hows that for an encore? with xerox, youre ready f...

A band-aid. >> as you were giving the information, one of the signs on the side of the building said "zombieland." >> because so many people have left. >> $300 million to the $18 billion theyre in the red. >> i want to make one more point, and that is have the pensioners, the city workers and retirees that are going to see their pensions cut and their health care benefits cut because of bankruptcy, this isnt going to help them. this doesnt change it for them. >> $300 million. >> $300 million. >>...

140 million for transit improvement 100 million for urban decay and 30 million to help police and firefighters. it came after detroits internal watchdog identifying the stays pension plans as a major culprit in the financial problems. the citys municipal pensions exceeded legal limits in real estate investments and at times rewarded retirees more than 20 percent return even if the fund lost value. the stays bigs pension funds had questionable interest rates applied to annuities. so four top whit...

No, no, no, no. now as president of the united states hes talking about a government shutdown, we have to pay our bills. does he even understand how this works? youre paying existing interest, principal and pensions. existing. not prospective. we take in $200 billion a year. that covers all that and more. he doesnt want to negotiate because he doesnt want to talk about that. thats perfectly fine. now, weve shut down the federal government 17 times in 19 years. ive got it right here. its nbc so i...

Bragged hes doing well. and i think it just comes down to chutzpah, being willing to say youre doing well when all the numbers show youre doing badly. but i think what both schneider and walker are doing, running to the far right of their party, saying, look, we stood up to the unions. i mean, it was a shock and a scandal to the country when we saw michigan, the heart of industrial unionism historically in this country become a right to work state, because of schneider. and, you know, by stickin...

Thats not how germany reformed its own economy. a decade ago a major package of reforms were passed called agenda 2010. taxes were cut, restrictions were placed on unemployment benefits and companies were given more freedom to hire and firewo workers. another irony, merkel was at the time leader of the opposition but those very reforms gave her government a huge advantage over other countries but that will not last for long without the next generation of german reforms. you see, germany is an ag...

People dont do anymore because the city is actually so beaten up that i dont think theres enough energy for anybody to go out the night before halloween and burp -- burn anything down. >> theres a lot of talk about the unions and impact on the car companies, the promises made in terms of pensions and money that ran out. at those companies to what do you attribute the decline of detroit primarily? >> well, a lot of factors, but one of the unexplored factor is durational ones. detroit hat a terrib...

State does not have an extraction tax in the energy sector? >> as far as i can tell by best estimate since 2009 about $8 billion has been extracted in natural gas has been extracted in pennsylvania. and if we were taxing at the rate that other states that have this type of drilling were taxing, were looking at over half a billion dollars in tax revenue given away. in this fiscal year alone, pennsylvania will give away over $3.16 billion in corporate tax breaks. this is indeed a priorities issue....