Word: pension
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...Follow me, ” the middle aged man says, and I obey. Although he’s a stranger, I have no choice; I’m stumbling through a Bavarian suburb after 10 p.m. in search of my budget pension, and I’m thoroughly lost. Finally though, someone is helping me. The man, sporting a full Bavarian moustache-and-mullet deal, must be my pension (that’s European for cheap hotel) owner, coming out to look for me. His ’do symbolizes relief...
...commercial activity in Sudan. And in August, a Washington, D.C.-based think tank, the Center for Security Policy, released a report entitled “The Terrorism Investment of the 50 States” demanding more security responsible investing by America’s top public pension systems...
...report claims that 87 leading American public pension funds alone have invested roughly $188 billion in companies with business operations in terrorist sponsoring states. The Massachusetts Pensions Reserve Management Board, the state’s largest pension, is no exception. It has more than $18 billion invested in nearly 178 companies operating in terrorist-sponsoring states...
Although the report addresses America’s top public pension funds, the insights—and action items—associated with a counter-terror divestment campaign can be easily applied to university endowments, as well. Like public pension systems, endowments comprise one part of what is known as the institutional investor community. (Institutional investors are investment funds with more than $500 million under management...
...against Provena Mercy Center in Aurora, Ill., went into the hospital for a severe sinus infection and was sent a $12,338 bill that included $650 a day for the room and $6 for each ibuprofen pill. Uninsured and living mainly on her husband Joe's $800-a-month pension at the time, she says she tried to negotiate a payment plan, but the hospital refused. Provena won a judgment, and today the couple pays $100 in monthly installments, with scant hope of paying off their $27,000 in hospital bills (owed not just to Provena). Says...