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Topic: Pension

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In the News (Mon 21 Jan 19)

  Pension - Wikipedia, the free encyclopedia
Pensions are typically payments made in the form of a guaranteed annuity to a retired or disabled employee.
These pensions had been granted in every conceivable formduring the pleasure of the Crown, for the life of the sovereign, for terms of years, for the life of the grantee, arid for several lives in being or in reversion (Erskine May, Constitutional History of England).
Pensions are also given to the widows of officers in certain circumstances and compassionate allowances made to the children of officers.
en.wikipedia.org /wiki/Pension   (3701 words)

 CATHOLIC ENCYCLOPEDIA: Ecclesiastical Pension
As to the bishop, or anyone inferior to the pope, he may not, generally speaking, impose a perpetual pension on a benefice or increase one already existing, nor may he, in conferring a benefice, make a reservation of a pension to be paid to a third party.
The canons forbid the bishop to constitute a pension out of a certain quota of the fruits of a benefice, as a half or a third part, because this has the appearance of a division of the benefice.
In like manner, while it is simoniacal for an abdicant to stipulate for a pension out of the benefice he resigns, yet he may, for grave cause, request the bishop to give him such a pension, and the bishop may bestow it upon him.
www.newadvent.org /cathen/11645a.htm   (690 words)

 Pension: Facts and details from Encyclopedia Topic   (Site not responding. Last check: 2007-10-22)
pension benefit guaranty corporation (pbgc) was created by the employee retirement income security act of 1974 to encourage the continuation and...
Disability pension is a form of pension given to those people who are permanently or temporarily unable to work due to a disability....
The judicial pensions and retirement act 1993 is a piece of british legislation that strengthened the mandatory retirement provisions previously instituted by the judicial...
www.absoluteastronomy.com /encyclopedia/p/pe/pension.htm   (2285 words)

 Pension Benefits Glossary: Divorce Pension Benefits - Dividing Property - Accrued Benefit   (Site not responding. Last check: 2007-10-22)
Because the pension plan was small - only 19 participants - the plan actuary contended that the difference between the employee's true age and her reported age was actuarially significant and to the detriment of the plan.
Whether pension payments should be counted as income for purposes of measuring alimony is an issue to be settled by the facts and circumstances of the particular case.
When the pension plan is a defined contribution plan with individual accounts (e.g., a 401(k) plan, a thrift or savings plan), a participant's pension is equal to the amount in his or her account.
www.pension-evaluators.com /CM/Custom/TOCGlossary.asp   (13769 words)

 retirement pension - Hutchinson encyclopedia article about retirement pension   (Site not responding. Last check: 2007-10-22)
In 1908 the British Parliament passed the Old Age Pensions Act which provided a weekly pension of five shillings to people over 70 years of age (7s 6d for a married couple) with an income of less than ten shillings a week.
Central responsibility for pensions was extended in 1925 when old-age pensions changed to a contributory basis and were offered to many more people.
Pensions for widows and orphans were introduced for the dependants of workers who made contributions.
encyclopedia.farlex.com /retirement+pension   (257 words)

 Pension Calculator
The Pension Calculator is a tool to help you work out how much retirement income you might receive from the amounts you save.
This is where the Pension Calculator comes in - it can give you an estimate of the amount of pension income you could get when you retire from the level of regular contributions that you choose.
Pension fund charges: The company providing your pension will charge 1.5% of your fund for the first 10 years, and 1% thereafter.
www.pensioncalculator.org.uk   (522 words)

 ISLAND RAB- Pension ELIZABETA - Croatia
Pension ELIZABETA on island Rab is located in Barbat village, the first village after ferry connection Jablanac - Misnjak.
Our pension is in the vicinity of sea and infront of it is a little beach.
Pension Elizabeta is open entire day and we offer good choice in dalmatinian and italian cusine, as well as good wines.
www.pension-elizabeta.com /welcome.html   (117 words)

 Fool.com: GM's Pension Peril [Commentary] June 25, 2003
In aggregate, the companies in the S&P 500 have a pension underfunding of more than $239 billion, an amount of liability that is neither represented on their income nor their balance statements.
Further, the nearly $10 billion in losses GM's pension suffered in the last two years are reflected nowhere in the company's income statement, replaced instead by a number that represented what was expected to happen based upon assumptions drawn up by GM itself.
The company you hold, or the one you are analyzing, may have an enormous pension liability that you cannot see on the balance sheet or income statement, but is instead buried in the footnotes.
www.fool.com /news/commentary/2003/commentary030625bm.htm   (1316 words)

 Pension News
Pension News continually updated from thousands of sources around the net.
It is unlikely that Cabell County Schools will pursue paperwork that could affect the retirement and pension of Richard "Dick" Jefferson, the former superintendent who pleaded guilty Wednesday to soliciting a...
A pair of Canadian pension plans have found themselves on rival sides in a multi-billion-dollar takeover fight for a British ports operator.
www.topix.net /personal-finance/pension   (644 words)

 Youngstown Pension
Pension Credit is earned during the Contribution Period based on the number of hours you worked in Covered Employment, that is, employment for which contributions must be made to the Pension Fund on your behalf under the terms of a Collective Bargaining Agreement.
If you apply for disability pension, you may be required to submit to an examination by a competent physician or physicians selected by the Trustees and you may also be required to submit to re-examination, not more than annually, when deemed necessary by the Trustees to determine whether you continue to be totally disabled.
For example, the regular pension benefit calculated in the example on page 8 is $1,580.21 the benefit is $1,580.21, multiplied by 87.8% (which is the Joint and Survivor Spouse reduction based upon the age of the participant and spouse).
www.smwlu33.org /Youngstown/yng_pension.htm   (7469 words)

 SignOnSanDiego.com > News > Metro > San Diego's Pension Crisis -- Murphy files for pension payments
The pension system has prepared preliminary figures on what amounts would be due to the mayor and former councilmen, system spokeswoman Rebecca Wilson said.
Pension rules allow elected officials with four years of service to receive pension payments after they reach 55 years of age.
In one of his six reports on the pension crisis, City Attorney Michael Aguirre questioned the legality of favorable benefit changes for elected officials that the City Council approved five years ago.
www.signonsandiego.com /news/metro/pension/20050827-9999-7m27pension.html   (673 words)

 CBC News Indepth: Pension
His pension was cut in half when the mine he worked for in B.C. went under.
In 2003, the average return on equity investment for Canadian pension plans was 14 per cent compared to the average return on equities of 26.7 per cent.
In some cases where a company has gone bankrupt and the pension fund has been wound up so that pensioners only get a portion of what they expected, former members of the pension board, including employee volunteers, have been sued for millions of dollars.
www.cbc.ca /news/background/pension   (2332 words)

 The Pension Service - Pension Credit - What is Pension Credit?
Pension Credit is an entitlement for people aged 60 or over living in Great Britain.
If you apply for Pension Credit and are eligible, you may receive a payment backdated (for up to 12 months from the day you were first entitled to the date you first applied).
We use “partner” to mean your husband, wife or civil partner, or the person you live with as if you are married to them or as if you are in a civil partnership with them.
www.thepensionservice.gov.uk /pensioncredit/home.asp   (207 words)

 Pension Rights Center: Home
The Pension Rights Center is the country’s only consumer organization dedicated solely to protecting and promoting the retirement security of American workers, retirees, and their families.
The Center’s pension action initiatives help grassroots groups campaign to end unfair pension practices and advocate for cost of living adjustments.
The Pension Rights Center’s two major initiatives are the National Pension Assistance Resource Center, committed to developing a comprehensive nationwide pension counseling and information network, and the Conversation on Coverage, a groundbreaking public policy dialogue on innovative ways of increasing retirement savings.
www.pensionrights.org   (141 words)

 BBC NEWS | Politics | Pension credit 'costs too much'
Pension credits are a means-tested benefit worth on average £42 a week.
He said the cash would be better spent on the universal state pension which he argues costs just 60p a week to administer.
But a spokesman for the Department for Work and Pensions insisted the cases highlighted were a tiny proportion of the three million people benefiting from the pension credit.
news.bbc.co.uk /1/hi/uk_politics/3817043.stm   (206 words)

 Military Benefits - Pension Evaluators at Troyan, Inc. - Red Bank, New Jersey   (Site not responding. Last check: 2007-10-22)
He contends that the court erred in awarding Gayliene (1) an interest in his future military pension benefits and (2) alimony of $1 per year modifiable only upon a potential reduction to his future military pension by a potential future disability offset.
Gayliene cross-appeals, arguing that the award of alimony was inadequate and that the property division was inequitable.
We disagree because the trial court did not abuse its discretion in dividing the portion of the military pension that was marital property, which included the disability benefit.
www.pension-evaluators.com /CM/Custom/Custom35.asp   (2218 words)

 Welcome to the Pension Mozart! - History
Pension Mozart is associated with almost 100 years of tradition and is near places that are of interest to tourists, who come to Vienna.
The materials of stone and cast iron used in the construction of this staircase blends itself together into a work of art.
In the year 1897 Pension Mozart was bought by the Mauracher family, descendents of nobility.
www.pension-mozart.at /generate.php?dir=en   (241 words)

 U.S. Department of Labor - Find It By Topic - Retirement Plans, Benefits & Savings - Consumer Information on ...
The Employee Benefits Security Administration (EBSA) provides a Web page dedicated to consumer information on pension plans to provide retirement plan participants and their beneficiaries with information on their rights under the federal pension law with respect to their plans.
Provides an overview of the federal rules that protect pension plans, including ten warning signs that your 401(k) contributions are being misused.
Provides answers to the most frequently asked questions about pension and health plan benefits by National Guard and reserve members being called to active duty as a result of the events of September 11, 2001.
www.dol.gov /dol/topic/retirement/consumerinfpension.htm   (321 words)

 Pension Plan Help
Most of us are counting on our pension plans to be there when we finally get to kick off our boots for good.
In 2005, 180,000 workers at Delta and Northwest Airlines were put in danger of seeing their pension plans terminated in bankruptcy, according to many recent published reports.
Think of it as a tool you can use to stay on top of your pension, and make sure that the money that is owed to you will be there when you retire.
www.knowyourpension.org   (323 words)

 Pension Actuary Jobs - DW Simpson Actuarial Jobs, Actuarial Search, Actuaries, FAS106, Pensions, Retiree Health, ...
Pension plan strategy, financial analysis, retirement plan studies, project and client management, and business development support role.
Pension plan analysis and valuations, research, database assignments and other special projects.
Investment studies, pension plan design, ALM projects, retiree medical and pension valuations, as well as other assignments.
www.dwsimpson.com /pensionjobs.html   (1238 words)

 BBC NEWS | Business | Insurer returns to state pension
Workers with a stakeholder or private pension who contract out receive a rebate of National Insurance contributions which is paid into their pension fund.
The reasoning behind contracting out is that the extra money put into a private pension scheme could provide better benefits on retirement than the state scheme.
However, in recent years the poor performance of the stock market has affected pension funds, leading some experts to believe that staying with the state system is a better move.
news.bbc.co.uk /1/hi/business/4554573.stm   (385 words)

 BBC NEWS | Business | KiwiSaver: what's it all about?
And members of occupational schemes will be able to choose to join KiwiSaver instead of, or in addition to, their current pension scheme.
However automatic enrolment will NOT apply to workers where their employer already provides a pension fund that is transferable to another scheme, open to all employees and has a total contribution rate of at least 4%.
There are few big companies, there are no tax advantages for occupational pension schemes, fewer than 15% of workers are in company schemes, and personal pension schemes have grown strongly.
news.bbc.co.uk /1/hi/business/4445654.stm   (747 words)

 USATODAY.com - Minnesota senator won't take pension   (Site not responding. Last check: 2007-10-22)
"I'm not going to take a pension," said Dayton, who calculates he'll be eligible for a $16,000-plus annual pension when he turns 62 after serving a single term in the Senate.
It wants Congress to eliminate the taxpayer-financed pensions, arguing that members should rely instead on Social Security and a savings plan for federal employees that operates much like a 401(k).
The Taxpayers Union estimated pensions for the Minnesota delegation at the request of the Star Tribune of Minneapolis.
usatoday.com /news/washington/2005-04-07-dayton-pension_x.htm?csp=34   (474 words)

 Pension Search: Help us find missing participants (PBGC.gov)   (Site not responding. Last check: 2007-10-22)
When a company's pension plan is transferred to PBGC, the company is sometimes unable to locate persons who participated in that plan and is hence unable to give them any benefits they may be owed.
"Defined benefit" pension plans are traditional pension plans which promise to pay a specific monthly amount to participants when they retire.
Pension Search es un servicio de PBGC que permite buscar una pensión que, por diversos motivos, no ha sido pagada al trabajador.
www.pbgc.gov /search   (621 words)

 USNews.com: Pensions in peril: Workers can no longer count on company-funded retirements
The reason: Bethlehem had a long-standing contract with the union to increase the pensions of steelworkers who put in a lot of overtime.
As a result, the share of working Americans earning a pension has dropped from more than 35 percent in 1980 to less than 20 percent today.
IBM, for example, is winding down its pension plan by limiting all employees who started after Jan. 1, 2005, to a 401(k) savings plan.
www.usnews.com /usnews/biztech/articles/050124/24pension.htm   (658 words)

 Pension Benefit Guaranty Corporation (PBGC)
It currently protects the pensions of 44.1 million American workers and retirees in 30,330 private single-employer and multiemployer defined benefit pension plans.
Operations are financed by insurance premiums set by Congress and paid by sponsors of defined benefit plans, investment income, assets from pension plans trusteed by PBGC, and recoveries from the companies formerly responsible for the plans.
PBGC Assumes Pensions of Aloha Airlines (April 28, 2006)
www.pbgc.gov   (151 words)

 The Pension Service
The Pension Service website is published by the Government.
It provides information for individuals about pensions and other pensioner benefits in the UK, whether you are planning for the future, are about to retire or have already retired.
Pensions Reform White Paper - 'Security in Retirement: towards a new pensions system' published 25 May 2006
www.thepensionservice.gov.uk   (77 words)

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