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...indolent to follow suit. Shenyang is a warning to the government that it cannot easily trade in communism for completely laissez-faire capitalism. There is no national welfare system for workers like Liang. If they leave their work units, they lose their housing, health benefits, education subsidies, pension rights...

Author: /time Magazine | Title: INSIDE CHINA | 6/30/1997 | See Source »

...French, for example, have siphoned the entire pension fund of state-owned France-Telecom into the national treasury in order to bring down the deficit. In Germany, Kohl has plunged into a furious fight with the stick-to-the-rules Bundesbank by moving to revalue the country's gold reserves closer to a "market" price to add $10 billion to the federal coffers. The Bundesbank warns that such a trick could undermine "the credibility and stability" of the euro...

Author: /time Magazine | Title: UNITY AND DIVISION | 6/9/1997 | See Source »

...widely-known proponent for women's rights, Snowe co-sponsored the Women's Pension Equity Act. The bill, if passed, will correct current pension laws so that they take into account special patterns in women's work or caregiver roles...

Author: By Olympia Snowe, KENNEDY SCHOOL OF GOVERNMENT | Title: Voice for Women | 6/4/1997 | See Source »

...inequality in current law is evidenced by the pension gap in our country, with 45 percent of retired men receiving pensions--compared to only 32 percent of women," Snowe said to NULH...

Author: By Olympia Snowe, KENNEDY SCHOOL OF GOVERNMENT | Title: Voice for Women | 6/4/1997 | See Source »

Wharton served as the first black chair and chief executive officer of a Fortune 500 company, TIAA-CREF, from 1987 to 1993. In his six years leading the third-larges U.S. insurance company and the world's largest pension fund, Wharton was lauded as being "phenomenally successful at redirecting TIAA-CREF," Marcus Alexis, a Northwestern University professor of economics and management, told USA Today...

Author: By Kelly M. Yamanouchi, | Title: Serving America, Aiding Abroad: A Life in the Public Eye | 6/2/1997 | See Source »

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