For a considerable while now, the Lagos State Government has enjoyed reputation as a responsible government that pays the requisite attention to its pension responsibilities to the workforce of the civil service. This reputation is indeed deserved. It is one for which the government of Lagos State, and in particular, the administration of His Excellency, Governor Akinwunmi Ambode, tirelessly worked ...

FRANKFORT, Ky. (WKYT) – State Sen. Julian Carroll and state Rep. Derrick Graham hosted a town hall meeting in Frankfort Saturday morning, taking questions about Kentucky’s pension system. The system is one of the worst-funded in the country, with an unfunded liability of at least $38 billion. More than 100 state workers, teachers, retirees and others voiced worries about the ...

If you are lucky enough to have a pension, one of the choices you will face as you near retirement is whether to take a one-time, lump-sum payment or opt for monthly payments throughout your retirement. Some people find a lump-sum payment alluring. Others like the idea of having a dependable monthly income. Determining which choice makes the most financial sense for ...

September 23, 2017 – By Ellis Scott Canada Pension Plan Investment Board decreased E Trade Financial Corp Com New (ETFC) stake by 35.48% reported in 2017Q2 SEC filing. Canada Pension Plan Investment Board sold 31,510 shares as E Trade Financial Corp Com New (ETFC)’s stock declined 8.39%. The Canada Pension Plan Investment Board holds 57,300 shares with $2.18M value, down ...

Srinagar, Sep 23: More than 49,000 widow and old age pension cases are pending with the government.As per the figures, presently the pending widow pension cases in Kashmir have piled up to 2,852.The documents reveal that 4,947 widows are registered with the Department of Social Welfare in Kashmir.The government during financial year 2016-17 sanctioned Rs 549.29 lakh ...

September 23, 2017 – By Hazel Jackson Penn Capital Management Co Inc decreased Hortonworks Inc (HDP) stake by 29.02% reported in 2017Q2 SEC filing. Penn Capital Management Co Inc sold 452,112 shares as Hortonworks Inc (HDP)’s stock rose 17.74%. The Penn Capital Management Co Inc holds 1.11 million shares with $14.27 million value, down from 1.56M last quarter. Hortonworks Inc ...

Public Sector Pension investment Board raised its position in shares of Ameriprise Financial Services, Inc. (NYSE:AMP) by 44.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,433 shares of the financial services provider’s stock after acquiring an additional 15,400 shares during the period. Public Sector Pension investment ...

AT ITS best, planning for retirement can be a complicated, time-consuming and confusing business. At its worst, it can be the nightmare from hell, presenting a head-bursting, life-changing minefield of bureaucracy and a seemingly endless array of financial options. The whole business took a huge change for the worse in 2015 when the Government’s pension reforms gave the over-55s an ...

By Ted Sickinger | The Oregonian/OregonLive Oregon’s public pension managers voted this week to undertake a major shift in the way they invest members’ money, turning to age-based investment funds for beneficiaries’ individual accounts. For Treasury staff and the Oregon Investment Council, the citizens panel that oversees the investment of the pension assets, it’s a no-brainer, Investment 101 decision they’ve ...

The Democratic Alliance says reports that the National Treasury is trying to force the Public Investment Corporation (PIC) to commit to providing R100-billion to bail out the numerous struggling state-owned enterprises‚ including R12-billion for South African Airways (SAA)‚ are disturbing. The PIC oversees the biggest fund in Africa‚ managing some R1.9-trillion in assets mainly belonging to the Government Employees Pension ...