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By Don Thompson |
May 23, 2012
The California governor told business leaders the state is "making the tough cuts" and that he is promoting changes to public employee pensions through the state Legislature.
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By The Associated Press |
May 22, 2012
One of the nation's largest pension funds says it will vote its 5.3 million shares against all of Wal-Mart's board nominees — including the company's current and former CEOs — at the retailer's annual meeting next week.
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By Andy Stonehouse |
May 22, 2012
The lawsuit, which is seeking class-action status, alleges that JPMorgan Chase violated its 401(k) responsibilities by investing in mismanaged assets.
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By Colleen Long |
May 22, 2012
Long Island Rail Road employees who faked claims in order to get more lucrative pensions can avoid prosecution if they admit wrongdoing in a deal with the government.
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By Anne D'Innocenzio |
May 22, 2012
ISS, whose clients mostly include pension funds, has recommended voters not support Wal-Mart's CEO, based on alleged Mexican bribery claims.
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By Marc Levy |
May 22, 2012
Pennsylvania's approach to a looming spike in pension obligations for state and public school employees should include a discussion of reducing the cost of current workers' future benefits, even if it means challenging state constitutional law that has traditionally protected such benefits, a top state lawmaker said Monday.
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By The Associated Press |
May 21, 2012
Only a portion of the $3 billion in Illinois taxes on gasoline and license plates goes to road repair; escalating employee pensions are cited as a huge cost.
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By The Associated Press |
May 21, 2012
Workers overwhelmingly ratified a new four-year contract that includes pension enhancments and wage increases, including an optional 401(k) program.
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By Andy Stonehouse |
May 18, 2012
The head of San Jose's underfunded public pension program will step down just as the city votes on plans to change employee pension benefits.
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By Paula Aven Gladych |
May 18, 2012
Fee disclosure regulations that go into effect in July and August will come as a surprise to many plan sponsors, especially small and medium-sized companies, even though the regulations have been discussed for years.
