Pension

Cooper Companies, Inc. (The) (COO) Position Trimmed by Public Sector Pension investment Board

Public Sector Pension investment Board decreased its holdings in shares of Cooper Companies, Inc. (The) (NYSE:COO) by 51.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,400 shares of the medical device company’s stock after selling 5,700 shares during the quarter. Public Sector Pension investment ...

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2017 Atlantic Division preview – Pension Plan Puppets

Last year, I looked at the Atlantic division about this time of the year, and I tried to measure where the teams were in relationship to each other, not just their own pasts. I did not, of course, correctly foresee the Florida malaise and the Tampa injury bug. But I did have Boston on the bubble, and I said Ottawa ...

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South Carolina can’t afford Its state pension system

Terry Weaver, Guest columnist Published 7:00 a.m. ET Sept. 30, 2017 Terry Weaver(Photo: Submitted) The Greenville News reported that Gov. Henry McMaster wants to abolish the state’s defined-benefit pension system and replace it with a 401(k)-style plan, making state employees responsible for their own retirement income planning.  Generations of future South Carolinians who understand what’s at stake are turning cartwheels. ...

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Craig: City council’s pensions are too plush

Colin Craig, interim Alberta director of the Canadian Taxpayers Federation. Jim Wells / Postmedia By Colin Craig Recently, the Canadian Taxpayers Federation took a closer look at city council’s pension plan. We wanted to see just how much it is costing Calgary taxpayers. To do so, we opened up several of the city’s annual reports, and tracked two numbers – ...

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Senate finally passes Pension Bills

Senate finally passes Pension Bills Saturday, September 30, 2017 ‘); } else { $(“.fotorama-caption”).addClass(“remove_caption”); } }) .fotorama(); THE Senate finally passed two Bills yesterday, facilitating the implementation of Government’s long delayed reform of public sector pensions. Passage of the Bills has eased some pressure on the Government to respond to the urging of the International Monetary Fund to have both ...

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Charlie Weston: Ten things women need to know about pensions

Stock image Charlie Weston: Ten things women need to know about pensions Independent.ie Women get a raw deal on pensions. Fewer of them work outside the home, and they often get paid less when they do take up paid employment. Many work only part-time. http://www.independent.ie/business/personal-finance/pensions/charlie-weston-ten-things-women-need-to-know-about-pensions-36183309.html http://www.independent.ie/incoming/article35896701.ece/3b68b/AUTOCROP/h342/page12_pensions.jpg Email Women get a raw deal on pensions. Fewer of them work outside the ...

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‘Forget pension freedoms, we want annuities again’

One key determinant of annuity rates is the return on government bonds or gilts (shown in the grey line, above). While returns on these have fallen sharply in the decade since the financial crisis, they are expected to rise if and when interest rates recover toward long-term historic norms. This should help annuity rates, and is already beginning to appear ...

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Pension laws for public sector passed by the Senate | Lead Stories

The Pensions (Public Service) Act, 2017, which is intended to reform pension arrangements in the public sector, was passed yesterday by the Upper House with 62 amendments. This follows weeks of delays in completing the debate in the Senate, as opposition members asked for more time to allow the Government and unions representing public-sector workers to complete dialogue on certain ...

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JCSA welcomes passage of pension law | Lead Stories

President of the Jamaica Civil Service Association (JCSA) O’Neil Grant has said that after years of negotiations between the union and Government on a pension scheme for public-sector workers, both parties are “satisfied with the outcome” while talks continue to iron out lingering concerns. Yesterday, the Upper House passed companion pension bills which will see public-sector workers making contributions of ...

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Inside Labour: The union power in state pensions

COSATU’s general strike, supported by the South African Communist Party, came and went on Wednesday. It amounted to a gamble, especially by the labour federation. And it partially succeeded in showing that Cosatu still has considerable power and remains an influence in the ANC-led alliance. This was good news for Cyril Ramaphosa in his campaign to take over the presidential ...

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