Category Archives: Retirement
State Employee Pensions to Cost California $3.7 Billion
California will pay about $ 3.7 billion for state employees’ pension in its next fiscal year, more than it now pays but less than the state set aside for retirement-related expenses in the prior fiscal year, the state’s pension fund said on Wednesday.
NYT > Retirement
Research Supports Limits on Borrowing from Retirement Plans
People whose employers allow them to take more than one loan at a time from their 401(k) plans tend to do so, but it’s generally not such a great idea.
NYT > Retirement
Dewey Partners and Retirees Face Huge Financial Losses
All past and present partners could lose pensions, and recent partners will probably lose investments in the firm and could be forced to return salaries as the firm closes.
NYT > Retirement
Tesco to Manage Its 6 Billion Pound British Pension Scheme
Tesco, the world’s No.3 retailer, is to manage its British pension scheme, one of the largest in the country still offering final-salary benefits, to maximise returns and cut dependence on consultants.
NYT > Retirement
Are REITs a safe investment for retirement?
Are REITs a safe investment for one’s retirement years? — Ray H., Florissant, Mo.
Retirement advice and news – CNNMoney.com
China Mulls New Rules for State Pension Fund Investments
China is considering rules to standardise when and how state pension funds can be invested in the country’s stock and bond markets, state media reported on Thursday, opening the door for the markets to receive a major infusion of new assets.
NYT > Retirement
Best investments at ages 55-plus
Welcome to the homestretch! You still need momentum, but with retirement in sight, your mix of stocks and bonds should begin to balance out.
Retirement advice and news – CNNMoney.com
Pensions Helped EIG Loan Cash to Chesapeake, McClendon
An investment management firm that has loaned hundreds of millions of dollars to Chesapeake Energy Corp. Chief Executive Aubrey McClendon raised money for its most recent investment fund from 19 institutional investors, including some of the largest U.S. public pension funds, according to a private equity research firm.
NYT > Retirement
