Page 873 - Pensions News Today

Paying more to the government so they can prop of the million or pensions of government workers. they basically have been sold allies about retirement security that may not be there when they are ready to leave the workforce. megyn: now they are talking about making that temporary income tax hike permanent. there are rumblings about thaas. illinois has dirty heads credit downgraded by standard & poors. because of these retiree costs. they are in a lot of trouble. was that pat quinn in the video?...

Drinking from a fire house." trust me, the twinkie brand is going to be just fine. the executives will get paid despite their mismanagement. but the workers who built the brand are really getting hurt. more than 18,000 workers across the country are losing their jobs right now. right before the holidays. some have been given 20 or 30 years to the company. that kind of service to them and loyalty. theyve been without health care coverage since december 1st. hostess also stopped paying pensions to...

Substantial sums." he says there are so many interested buyers its "like drinking from a fire house." trust me, the twinkie brand is going to be just fine. the executives will get paid despite their mismanagement. but the workers who built the brand are really getting hurt. more than 18,000 workers across the country are losing their jobs right now. right before the holidays. some have been given 20 or 30 years to the company. that kind of service to them and loyalty. theyve been without health ...

He says there are so many interested buyers its "like drinking from a fire house." trust me, the twinkie brand is going to be just fine. the executives will get paid despite their mismanagement. but the workers who built the brand are really getting hurt. more than 18,000 workers across the country are losing their jobs right now. right before the holidays. some have been given 20 or 30 years to the company. that kind of service to them and loyalty. theyve been without health care coverage since...

Invest back in, they invest in their workers, they invest in the way they market, everything else, and it works. but you have hostess where they dont, and it goes down. its really sad. >> it is. its really wrong. its mismanagement across -- i think theres a moral component to this, too. surprising to me that the bankruptcy judge will go along and give these 19 executives who are probably going to get inherited by the next company to come along that they would get $1.8 million in bonuses. now, th...

Tonight, economically crippled country is getting another infusion of the bail-out money. senior foreign affairs correspondent amy kellogg has the story from london. >> they were peaceful but this was a protest. these greeks weary of seeing tensions shrink -- pensions shrink and jobs grow were not happy about the decision to grant them more in bail-out money. they know the feet will be held ever closer to the austerity fire. >> the long installment is not for the workers or the people. but the b...

Everybody. jim, growing union clashes with job creators, growing concerns about jobs? >> absolutely. look, every time you make it harder for an employer to hire somebody theyre going to hire less people. were already seeing it in the jobs numbers. look, obamacare has already cost a tremendous amount of jobs and since the president was reelected and it became apparent that obamacare was coming back in, weve seen the layoffs accelerate and now the unions are trying to kick businesses at a time whe...

Have the federal workers contributed that much more than private workers with such an unemployment? >> theyve seen their pay disappear, theyve lost their jobs and we havent seen as many federal workers lose their jobs. now, if you want to break down the numbers, it is true that maybe their salaries arent higher for white collar workers, but their retirement plans are significantly better and they can retire earlier and have a much longer pension. those pensions are largely absent from the privat...

Freeze and we have seen them contribute more to pensions to retirement plans. have they done enough already? >> well, they have done enough, but theyre going to have to do more. but gary b is wrong. white collar federal workers dont do as well as their counterparts in the private sector, blue collar workers do, and were talking over a trillion dollars here, were talking in national crisis, something that can bring the country down, the world economy down, everybody is going to have to do more, i...

Debate, wouldnt it have been? because weve got some of the most revealing questions, right? >> about fast and furious, absolutely. >> that was fantastic. >> turkey number two, big labor. >> well, sure. theyve delivered a huge happy strikes giving, unhappy strikes giving which of course will continue into tomorrow and black friday. but dial back earlier in the year, everything from the chicago teacher strike, which left hundreds of thousands of students bereft and families in dire straits while t...