6 03, 2017

America’s Crumbling Pension Future?

2017-03-06T17:56:22-08:00March 6th, 2017|Categories: Retirement|Tags: |

Ginger Adams Otis of the New York Daily News reports, About one million American workers have pension plans on verge of insolvency: Nearly one million working and retired Americans are currently covered by pension plans that are in imminent danger of insolvency, according to an organization trying to help people keep their retirement earnings. The union pension funds have been designated as being in “critical and declining status” — which means trustees are eligible to apply for cuts on [...]

29 05, 2014

IASS warns over law that will force them out of pension fund

2014-05-29T21:53:39-07:00May 29th, 2014|Categories: Retirement|Tags: , , |

Members of the insolvent aviation staff pension scheme are calling on TDs and senators to vote against legislation that they say will allow any deal to tackle its €750 million shortfall to be railroaded through without reference to current or former workers. The State Airports (Shannon Group) Bill, now before the Oireachtas, includes a provision allowing amendments to the Irish Aviation Superannuation Scheme (IASS), which is the subject of a long-running row between Aer Lingus, Dublin Airport Authority and [...]

Go to Top