Page 941 - Pensions News Today

long way, baby. a long way from the bottom, like we have doubled. that is pretty incredible. and also incredible, the surge since president obama took office. the dow is up 63% since inauguration day. that ranks him fifth. after 1,153 days in office, fdr, calvin coolidge, dwiez eisenhower, and bill clinton had ben better records. and this is important, because a lot of the americans are invested in the stock market. according to gallop, 54% of americans own stock through the pensions a...

the republican party and clear choices are emerging, not just on policy but also on character. on the very passion you just hinted at, because i sense that one of the reasons rick santorum is gaining such momentum is not necessarily that he is in reality more passionate than mitt romney or that he cares more, that he sounds like he does. a lot of romney supporters say to me, why isnt he giving more of himself to this? why isnt he beating his chest more? why isnt he giving us more pas...

Freeze on city employee pensionable compensation for five years, and that has a major impact on reducing the payouts and the associate edit that is created in these government pension systems. so our measure has been called the most sweeping reform in the country. >> im glad you pointed that out. the most important thing with pension reform is to took existing retirees and the pensions they receive. youre telling me your measure would do that. now -- >> exactly. >> aim right in saying, not too l...

Markets including unrest and raped growth in emerging markets including india and china. the fact that this is happening only underscores the need to have a comprehensive energy policy. jay carney told reporters moments ago. millions of people will reach retirement age 65 in the next two decades. an incredible 10,000 people every day. but the recession hit baby boomers very hard. many losing pensions, their retirement and investment plans, at least losing value in those plans. if they own a home...

Unions say these pensions are small, theyre modest. i said, fine, lets show the taxpayers the real money. and what we saw year after year after year are outrageous payouts and increases in what i call the $100,000 club. so, stewart, in the last two years, theres been an 80% increase in the number of pensioners earning $100,000 or more in the city of san diego pension system, and the top ten pensioners will collectively receive over the course of their remaining lives $63 million in pension payou...

A 401k. a san diego city council member is behind this overhaul. now we did reach out to the democratic candidate, he was not available. carl, welcome to the program. good to see you. >> thanks for having me. >> pension reform is topic number one in state and municipal governments nationwide. what youre doing is trying to change the pension plans for san diego city workers for new hires to put them on 401ks. i put it to you, karl, that will not do anything to fix the problem with existing retire...

Default. greg burke is streaming live for us from rome. greg? >> hi, jon. youve heard about the 11th hour t was actually 13 hours in negotiations last night suggesting that not everybody in europe was crazy about giving greece all this money, a bailout deal worth $170 billion. now, there may be a deal but not everybody is celebrating in greece. certainly terms for the country are very tough. in exchange for all that money, europe is asking for cuts in salaries, cuts in pensions. cuts in jobs as ...

entails. dominique strauss-kahn is being questioned by french police tao now. well have head on allegation that is the former head of the imf participated in a prostitution ring. an exz collusive interview with an inside trade who are says dodge gee deals are note a victimless crime. >> now after all the riots and resignations, the mistargets and miscommunications, greece has its bailout. after 13 hours of talks, the word came greece had met numerous conditions and would receive $1...

famous from an ad with mccain saying, complete that dang fence. hes been outed, accused fd threatening to deport his immigrant boyfriend. we have lots of coverage on that story today. also, take a look at these pictures. this is what you call chafing the hailstorm. it hurts. ow, look at that. well taking where this is happening. and the folks who took that video. >> millions of dollars in plastic surgery, to the taxpayers. their nose jobs, breast implants, lipo. you name it. how is t...

Were upset about 8.3. more than 20 percent there. and the suicide rate increased by 40 percent just last year. greg burke live from rome with more. greg. >> reporter: hi megyn. thats right, greece is beginning to look like a movie weve seen before and not a particularly good one. certainly, at times, it looks like an action movie, at other times, it looks like a disaster. but in any case it appears right now its not necessarily going to end well either for europe on the global economy. you can b...