Tag Archives: Pensions

Gov. Scott Walker Will Survive

On June 5th, the battle will be over.  Will citizens of the Badger State vote to keep their ongoing prosperity or revert back to the old policies that drained the state of economic vigor?  Currently, the massive multi-billion dollar budget deficit has been balanced, unemployment is down, and property taxes have decreased for the first… Read More »

Funded Status of U.S. Pensions Falls to 78.0 Percent in August

BOSTON, Sept. 7, 2011 /PRNewswire/ — The funded status of the typical U.S. corporate pension plan in August fell 5.6 percentage points to 78.0 percent as pension plans were affected by both falling assets and increasing liabilities for the second month in a row, according to monthly statistics published by BNY Mellon Asset Management. The typical plan… Read More »

Tax Expert’s Advice: Don’t Count on Social Security

BRENTWOOD, Tenn., July 1, 2011 — According to a poll taken earlier this year, 77 percent of voters think Social Security is in danger. Fewer Americans, however, approve of increasing the retirement age. Voters were split on permitting people to invest their Social Security taxes into personal retirement accounts. Tax expert Dr. Friday, aka “The… Read More »