MetaFilter posts tagged with pension

Pension Fund Follies

reenum — Fri, 02 Oct 2009 00:28:48 -0800

Missouri's lack of conflict of interest rules for its teachers' pension funds creates predictable problems Such nuggets as the following can be found within:

Even Yoakum charged $100 for Glamour Shots while in Sacramento, Calif., in April 2007.

Juvenile pensioners

rongorongo — Tue, 28 Jul 2009 06:28:33 -0800

"I once proposed a solution somewhat tongue in cheek to the problem of pensions: turn retirement upside down ... people would be supported by society up to the age of 30. During that period they would study, travel, prepare for a profession, reproduce and give full-time care to their young ... After 30, they would work until they dropped dead or became incapacitated." Letter from physicist Cylon Gonçalves da Silva to The Economist in response to this original article on the problems of an ageing global population.

The man who knew too much

homunculus — Sat, 13 Oct 2007 15:00:09 -0800

The man who knew too much. "He was the CIA's expert on Pakistan's nuclear secrets, but Rich Barlow was thrown out and disgraced when he blew the whistle on a US cover-up. Now he's to have his day in court."

Where's my pension ?

elpapacito — Wed, 11 May 2005 17:33:24 -0800

UAL (United Airlines) dumps four pension plans[optional audio interview with Businessweek expert] ; bankruptcy court authorizes shifting of USD 5 billions (allegedly largest pension default in U.S. history) in pension obligations to the Pension Benefit Guaranty Corp. As a result the burden of private failure and incompetency will be shared by all taxpayers (whose taxes finance PBGC which is already operating on a 23 Billion deficit) and by beneficiaries of the pension plans who will see their pension severely cut : pilots from 100K to 30K pensions but also less privileged workers will be hit. For instance Mrs Tamuk, spokeswoman from Association of Flight Attendants said her pension will be reduced from $1,700 a month to $800 a month.

Your pension is not as safe as you think

plep — Wed, 15 Sep 2004 03:06:18 -0800

How safe is your pension? (UK) 'Nine million people in this country, young and old, pay a slice of their wage into final salary occupational pension schemes. But Channel 4's economics correspondent Liam Halligan reveals that most people don't realise they have no legal right to that pension money whatsoever. And some people have lost the lot.'
Think Britain's social safety net is more secure than that of the US? Think again.
Related :- Pensions Theft, a campaigning website set up by pensions activists, some of whom lost their pensions when their company went bust.

old age

johnnyboy — Thu, 22 May 2003 08:14:11 -0800

yeah, I've done alot in my retirement. Habib a spritely young whip of a lad has been drawing his pension since 1938, remarkable.

ilsa — Thu, 11 Apr 2002 13:19:21 -0800

A 401(k) is not a Pension! In a pension plan, your employer invests some money and gives you some of it when you retire. In a 401(k), they, um, don't. Congress seems a little confused on this issue, however. It turns out that the 401k might be more boondoggle than boon to average people planning to retire before they die.

owillis — Thu, 17 Jan 2002 17:12:56 -0800

One-man news org busts open local pension scam! Bruce Murphy's Milwaukee World website uncovered a story about improprieties in the county pension fund on October 10th of last year while the traditional outlets dawdled until January of this year. Kind of neat to know that all the solo journalism isn't all Matt Drudge "advances" from old media. (via medianews)