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EDITORIAL: Free to choose
Plan would let workers opt out of PERS
53 points by Las Vegas Review-Journal | Pension Cash balance plan Retirement Economics Finance Tax Economics terminology Carson City Nevada
Money trumps morals when Pa. invests your tax dollars
Pennsylvania's giant state pension fund is resisting calls to divest in a controversial pipeline project, even after guards sicced attack dogs on Native American protesters. Does money always have to trump morals when it comes to investing taxpayer dollars?
217 points by The Philadelphia Inquirer | Investment Pension Pension fund Divestment Pennsylvania Morality Retirement Tax
Ohio mine workers seek pension relief on Capitol Hill (photos and video)
Thousands of retired mine workers who might lose their health care and pension benefits because of the coal industry's plight are seeking relief from Congress. Watch video WASHINGTON D.C.. - Thousands of retired coal miners spent hours under withering Washington heat Thursday at a rally for legislation ensuring they'll get pension and health care benefits that could be cut as the coal industry declines. Money to fund the retirement accounts of roughly 120,000 United Mine Workers of America retirees has dwindled as coal companies declare bankruptcy amid the rise of more environmentally friendly energy sources. Affected retirees live in states including Ohio, West Virginia, Pennsylvania, Indiana, Kentucky, Illinois, Virginia and Alabama. "We are here to show solidarity and that we mean business," said retired miner Bob Sowers of Zanesville, as he waited for the rally to start. "These people are 60, 70, 80 years old. This is the time when you need these benefits and they're going to take them away. It is not something we want free, it is something we've earned."  Another retired miner, Larry Henry of Coshocton, said former President Harry Truman promised their union retirement benefits and "cradle to grave" health care as part of a 1946 agreement to avert a strike. A sign over the rally stage featured a photo of Truman and the words: "Keep the Promise." The bill the miners want to pass would require that the federal government use tax dollars and an abandoned mine reclamation fund to bolster their pension accounts. It is backed by U.S. senators Sherrod Brown and Rob Portman of Ohio, all the state's Democratic House of Representatives members, and Ohio Republicans including Dave Joyce of Russell Township, Jim Renacci of Wadsworth and Bob Gibbs of Holmes County. In a speech backing the bill, Brown accused Senate GOP Leader Mitch McConnell of keeping the legislation from coming up for a vote, and said Republican and Democratic senators need to "put the heat" on McConnell to secure its passage. "Congress shouldn't leave Washington until we keep the promises we've made to miners and their families," said Brown. McConnell's office didn't respond to a request for comment, but Portman told the crowd the bill will go to the Senate floor "like a torpedo" if the Senate Finance Committee passes it by a large enough margin when it comes up for a vote there next week. Portman says it makes sense for the government to keep the miners' pensions sound to avoid stressing the Pension Benefit Guarantee Corporation, which could be endangered if it had to assist the large number of miners at issue. If the bill doesn't pass by itself, Portman said its supporters will try to include its language in an upcoming must-pass budgeting bill. House of Representatives members told the crowd their legislative body is prepared to pass the measure if the House acts. "This isn't some handout you're asking for, this was a decision you made when you were neogiting your contracts and we are going to fight to make sure you're going to get your money back," Niles Democratic Rep. Tim Ryan told the crowd.
188 points by The Plain Dealer | Pension United States Senate Republican Party United States House of Representatives Mitch McConnell Democratic Party United States Congress Retirement
5 best states to retire to that AREN’T Fla., Ariz.
South Dakota for retirement? Why not? And four other surprising but smart choices.         
12761 points by Arizona Republic | Taxation in the United States Taxation Pension Sales taxes in the United States Virginia South Dakota Retirement State income tax
The 5 best states to retire to that AREN’T Fla. or Ariz.
South Dakota for retirement? Why not? And four other surprising but smart choices.         
-1 points by Arizona Republic | Taxation in the United States Taxation Pension Sales taxes in the United States Virginia South Dakota Retirement State income tax
Veteran 4 p.m. anchor Linda Yu stepping down at Channel 7
Linda Yu, the 4 p.m. anchor on top-rated WLS-Channel 7 for more than 30 years, will step down from the station in November, the station said Tuesday. While the WLS announcement called her departure a retirement, Yu said in a note to the newsroom staff that she will “move on,” adding, “Notice, I didn’t say “retire” .. […]
4 points by Chicago Sun-Times | WLS-TV American Broadcasting Company KGO-TV Retirement The Station nightclub fire Breaking news The Local AccuWeather Channel WMAQ-TV
The 5 best states to retire to that AREN’T Florida or Arizona
South Dakota for retirement? Why not? And four other surprising but smart choices.         
12761 points by Arizona Republic | Taxation in the United States Taxation Pension Sales taxes in the United States Virginia South Dakota Retirement State income tax
Young woman worries about friend's mental decline
Do research with the agency on aging on options for staying in her home        
-1 points by Detroit Free Press | English-language films Retirement community Mother Retirement Revelation
Army ‘waited’ for media reports on ‘swinging’ general before suspending his security clearance
An Army general who was fired for his role in a ‘swinging’ sex scandal, in which he used a government cellphone and email to conduct an affair, kept his security clearance for five months until the revelation emerged in the media, USA Today reports. Read Full Article at RT.com
111 points by Russia Today | Classified information Affair Military Secrecy Pension United States Senate Committee on Armed Services Retirement Lie
Rauner vetoes bill to shore up Chicago municipal workers pensions
'The legislation will create another pension funding cliff that the city does not have the ability to pay,' the governor said Friday.
28 points by Chicago Sun-Times | Pension Chicago Retirement Tax Pension fund United States Congress Democratic Party Veto
Bill would put cops, firefighters in control of pension plan
TRENTON, N.J. (AP) - Legislation passed by lawmakers this week would let New Jersey police and firefighters control their $26 billion pension fund instead of the state. The legislation passed in the Democrat-controlled state Assembly on Thursday and now goes to Republican Gov. Chris Christie's desk to consider. An independent ...
-1 points by The Washington Times | New Jersey Pension Retirement Legislature Legal professions Finance State Legislative Assembly
Database reveals state employees' salaries — but numbers may be wrong
Open-government advocates posted their own database of Michigan employee's salaries.        
-2 points by Detroit Free Press | Pension Retirement Lansing Michigan Retirement plans in the United States
Should I accept money from my parents?
My parents helped me pay for college, but now I’m out on my own and they’re still supporting me. Should I keep accepting money from them?I recently tried to learn to ski – emphasis on “try” – and at first I couldn’t move 5 inches without grabbing the nearest poor soul’s elbow. After a group lesson,...
-2 points by Concord Monitor | Retirement Social Security Administration Merrill Lynch Financial services Money Private banking Personal finance Ageing
Could you retire in 5 years?
If you plan to retire five years from now, then you need to have your finances in order. Review this checklist to see whether your retirement plan is on track.         
59 points by Arizona Republic | Investment Pension Retirement Insurance Life annuity
Retirement can be a drag. Here’s how to fix that.
Then reality sets in: Retirement can be kind of a drag. And there may be 20-plus years of it ahead of you.
3 points by The Denver Post | Retirement Pension Termination of employment
Republicans propose modernizing Maryland pension plan
Maryland Republican lawmakers are proposing some options to modernize the state pension system. Legislation discussed Thursday would give employees the ability to move all retirement benefits to a new job after three years. Sen. Andrew Serafini, a Washington County Republican, says the proposals...
-2 points by Baltimore Sun | Pension Retirement Life annuity
Retirement can be a drag. Here's how to fix that
We spend decades dreaming of the day when life won't be dictated by alarm clocks, commute times, meeting schedules and office politics.Then reality sets in: Retirement can be kind of a drag. And there may be 20-plus years of it ahead of you.While traditional retirement planning covers financial essentials — expected returns, inflation, withdrawal rates, portfolio rebalancing, tax planning — most plans won't prepare you for the emotional challenges of post-work life.WHAT'S MISSING FROM RETIREMENT? WORK
-2 points by Boston Herald | Pension Retirement Termination of employment
Ask Kim: Who qualifies for the retirement savers' tax credit?
Q: I retired from my career a few years ago but still earn a little money working part-time at a golf course. Can I qualify for the retirement savers' tax credit? A: You may qualify for this frequently overlooked tax credit. However, the type of income used to determine eligibility for the savers'...
2 points by Chicago Tribune | Taxation in the United States Pension Tax Personal finance Retirement Investment Kiplinger's Personal Finance Adjusted Gross Income
Century Aluminum, retirees reach $23M health care settlement
RAVENSWOOD, W.Va. (AP) - A group of retired workers from Century Aluminum says the company has agreed to pay $23 million to help cover their health care. Benefits were taken away shortly after the plant in Ravenswood closed in 2009. WSAZ-TV (http://bit.ly/2leU8FX ) reports the money, if approved by the ...
-2 points by The Washington Times | Health care Health insurance Health economics Topology Healthcare reform The Washington Times Washington D.C. Retirement
Blowback: More government may not be the answer to boosting retirement savings
The Times’ Feb. 10 editorial, “House Republicans side with Wall Street against the little guy,” sadly resorts to worn out rhetoric and attacks about motive rather than engaging in an honest debate about ideas. If we were to respond in kind, we would question the L.A. Times’ enduring faith in big...
8 points by Los Angeles Times | Pension Retirement United States Congress United States Life annuity Tax Pension Benefit Guaranty Corporation Government
Allergan is buying CoolSculpting provider Zeltiq for $2.48 billion
Botox maker Allergan is spending about $2.48 billion to buy Zeltiq Aesthetics Inc. and its CoolSculpting system for reducing fat. Allergan said it will pay $56.50 for each share of Zeltiq in a deal it expects to close in the second half of this year. That represents a 14% premium to Zeltiq's Friday...
136 points by Los Angeles Times | Retirement Pension Stifel Nicolaus Monday Botulinum toxin Companies based in St. Louis Missouri St. Louis Missouri
Beloved Camden pastor J.A. Jones, 81, says farewell

-2 points by The Philadelphia Inquirer | Pension Stay Retirement 2007 singles
10 things that cost retirees a ton of money
You'll probably spend more in retirement than you think. Here are a bunch of expenses that might shock you.         
-2 points by Arizona Republic | Family Pension Investment Retirement Ageing Cost Property tax The Motley Fool
Retirement planning? Couples, mind the age gap
An age difference in your relationship doesn’t just mean your favorite bands are from different decades.As you approach retirement together, that age gap becomes a factor in decisions about when you retire and when you take Social Security, and in planning how much money you need to save and how it...
-2 points by Concord Monitor | Retirement Pension Investment Life annuity Aging Personal finance Gerontology Ageing
Despite fear-mongering, PERA is in good shape
PERA has more than enough money in the bank and coming in to pay for all the benefits promised to members.
186 points by The Denver Post | Retirement Pension Stock market Wall Street Crash of 1929 Termination of employment Life annuity United States Colorado
House Republicans side with Wall Street against the little guy
With an aging population and a growing number of people nearing retirement, it’s scary to think of how little the typical American family has set aside in savings. According to a report last year by the Economic Policy Institute, half of the families with workers in their prime have amassed $17,000...
543 points by Los Angeles Times | President pro tempore of the United States Senate Pension Individual Retirement Account Retirement Investment Life annuity United States Senate
General from Chicago loses two stars at retirement due to scandal
A former three-star Army general from Chicago who used his government credit card to pay four-figure bar tabs at clubs in Rome and Seoul, South Korea, will retire as a one-star general, the Army said Thursday. Ronald Lewis was profiled in a front-page story in the Tribune in January 2015 and later...
247 points by Chicago Tribune | Seoul Pension Credit card Military ranks South Korea Charge card Retirement Chicago
Can Congress swiftly kill the landmark retirement program California spent years designing?
Trump attacks senator after Supreme Court nominee's criticism Feb. 9, 2017, 8:33 a.m. This is a look at President Trump's administration and the rest of Washington: Trump: Senator 'misrepresents' nominee's comments Jeff Sessions will face multiple challenges as attorney general, including his boss...
8316 points by Los Angeles Times | President pro tempore of the United States Senate United States President of the United States Pension Retirement Life annuity Democratic Party United States Senate
The first thing you should do with every paycheck
As part of GOBankingRates’ Best Money Expert 2017 competition, we asked America’s top personal finance experts, “What is the first thing people should be doing with their paycheck?”
7 points by Las Vegas Review-Journal | Pension Investment 401(k) Personal finance 457 plan Debt Internal Revenue Code Retirement
Baker to name Appellate Judge Elspeth Cypher to Supreme Judicial Court
Gov. Charlie Baker will nominate longtime Appeals Court Associate Justice Elspeth B. Cypher to serve on the Supreme Judicial Court tomorrow, according to two sources with knowledge of the decision.Cypher, who has been on the state appeals court since 2000, will replace Justice Margot Botsford on the high court. Botsford, a Gov. Deval Patrick nominee, will reach the mandatory retirement age of 70 in March.
1 points by Boston Herald | Judge Massachusetts United States Retirement Candidate Court systems Nomination Mandatory retirement
How much do you need to fund retirement? More than you think
A new study indicates those saving for retirement need to raise dramatically how much they save        
-2 points by Detroit Free Press | Investment Retirement Pension Rate of return Interest Life annuity Time value of money Ageing
Editorials from around Pennsylvania
Editorials from around Pennsylvania: ___ AMERICA'S 'DETACHED MEN': OUR NATIONAL PANDEMIC, Sept. 5 Another Labor Day passed, the presidential election shifts into high gear. Two months from Thursday, the nation will elect a new president, either Republican Donald Trump or Democrat Hillary Clinton. And while the candidates hurl epithets laced ...
-1 points by The Washington Times | Retirement Supreme Court of the United States United States Mandatory retirement Obesity United States Army Aging Supreme court
A. Gordon Boone Jr., retired Baltimore County judge, dies
A. Gordon Boone Jr., a retired Baltimore County District Court judge recalled for his wit and colorful courtroom style, died of complications from dementia Sunday at the Masonic Home of Maryland. The Freeland resident was 83."Gordon was a wonderful ambassador for the judiciary," said retired Maryland...
-2 points by Baltimore Sun | Judge Baltimore County Maryland Retirement Baltimore District court Maryland Mandatory retirement U.S. state
Steep public pension costs push California cities toward the brink
When the state auditor gauged the fiscal health of California cities in 2015, this port community on the eastern shore of San Francisco Bay made a short list of six distressed municipalities at risk of bankruptcy. Richmond has cut about 200 jobs — roughly 20% of its workforce —  since 2008. Its...
1958 points by Los Angeles Times | Pension Pension fund Police Retirement Local government in the United States Municipality Tax Investment
Clark County Commission to appoint public guardian
Clark County commissioners are expected to appoint Karen Kelly as the county’s public guardian on Tuesday.
72 points by Las Vegas Review-Journal | Sociology Old age Gerontology Management Retirement Ageing Middle age Guardians of the Universe
Trump could strive to make IRAs great again
Donald Trump and many Republicans in Congress campaigned on the notion of simplifying some of the nation's tax rules and regulations. One place to start could be Individual Retirement Accounts.         
-2 points by Arizona Republic | Individual Retirement Account Roth IRA Withdrawal Traditional IRA Government debt Individual Retirement Accounts Retirement Irish Republican Army
Harford's Eva Mar development moves forward on two fronts, new houses and a planned retirement community
Dirt is expected to start moving in the coming weeks for construction of the first of the 144 single-family houses planned on the former Eva Mar Farm east of Bel Air, which also is slated to become the site of Harford County's first continuing care retirement community. The first residents of the...
-2 points by Baltimore Sun | Harford County Maryland Retirement House types Semi-detached Retirement home Geriatrics Nursing home Single-family detached home
Despite L.A.'s boasts of pension reform, the cost to taxpayers has never been higher
Los Angeles officials often boast about how they stemmed the rising cost of employee pensions, an expense that has hobbled cash-strapped cities throughout California. Former Mayor Antonio Villaraigosa said changes he oversaw in 2011 and 2012, which included lower pensions for new employees and...
1484 points by Los Angeles Times | Pension Pension fund Retirement Pension Benefit Guaranty Corporation Pensioner Tax Life annuity Pension system
An easy retirement is slipping further away from most U.S. households
The American dream of a blissful retirement, free of financial worries, is dying. Most U.S. households are heading for a worse lifestyle in retirement than they had while they were working because they simply aren't saving enough, experts say. Thirty-five percent of households in their prime earning...
655 points by Los Angeles Times | Pension Retirement Life annuity Household income in the United States Investment Federal government of the United States Superannuation in Australia
DuPont to end pension contributions, freeze benefit plans
Ed AdamczykWILMINGTON, Del., Nov. 18 (UPI) -- The DuPont Company said it will eliminate its pension contribution for active employees.
298 points by UPI | United Press International International News Service News World Communications William Randolph Hearst United States Pension Retirement Chemical industry
5 smart things to do with $100 right now
$100 may not seem like much, but it can have a long-term positive impact on your finances.         
58 points by Arizona Republic | Investment Retirement Credit score Debt
DuPont to end pension contribution for employees
DuPont pension decision will affect the retirement of 13,000 workers.         
10722 points by Arizona Republic | Pension Pension Benefit Guaranty Corporation Retirement Life annuity Cash balance plan 401(k) Pension fund Employee benefit
DuPont to end contributions to workers' pensions
DuPont pension decision will affect the retirement of 13,000 workers.         
10722 points by Arizona Republic | Pension Pension Benefit Guaranty Corporation Retirement Life annuity Cash balance plan 401(k) Pension fund Employee benefit
DuPont ending pension contributions
DuPont pension decision will affect the retirement of 13,000 workers.         
10722 points by Arizona Republic | Pension Pension Benefit Guaranty Corporation Retirement Life annuity Cash balance plan 401(k) Pension fund Employee benefit
DuPont to end pension contribution for active employees
DuPont pension decision will affect the retirement of 13,000 workers.       
10722 points by USA Today | Pension Pension Benefit Guaranty Corporation Retirement Life annuity Cash balance plan 401(k) Pension fund Employee benefit
Questions raised over retired Woodland Hills teachers' health benefits
Questions were again raised at the Nov. 9 Woodland Hills School Board meeting why some retired district teachers continue to receive health-care benefits despite being eligible to receive Medicare.
16 points by Pittsburgh Post-Gazette | Social Security Administration Retirement Social Security Social security Money Woodland Hills School District Payment ARIA Charts
Easy retirement? Only for a privileged few
Most U.S. households are heading for a worse lifestyle in retirement than they had while they were working, because they simply aren't saving enough, experts say.
13 points by The Denver Post | Pension Retirement Life annuity Investment
Worry-free retirement becoming less common in the U.S.
The American dream of a blissful retirement, free of financial worries, is dying.Most U.S. households are heading for a worse lifestyle in retirement than they had while they were working, because they simply aren’t saving enough, experts say. Thirty-five percent of households in their prime earning...
-2 points by Concord Monitor | Pension Retirement Investment Life annuity
Financial health of Nevada’s pension fund for public employees improves
“The contribution rates are stable and the funded ratio is increasing,” Public Employees’ Retirement System executive officer says.
74 points by Las Vegas Review-Journal | Pension Cash balance plan Investment Fundraising Retirement Actuary Retirement plans in the United States Finance
For safety, Metro removing 4000-series cars from service
WASHINGTON (AP) - Metro says it is removing several dozen 4000-series cars from service as a result of a safety concern. Metro said Thursday in a statement that when a 4000-series car is in the front of a train there is a risk it could give a train operator improper ...
1 points by The Washington Times | The Washington Times Train Washington D.C. Power pop Retirement