Word: pensionable
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...junior Liza J. Alwes, who is a member of the student labor group Students Towards a New Democracy, said the janitors’ wages—which she said vary between $6.40 and $7.00 an hour and do not include health or pension benefits—are unacceptable...
...third way available, a path between market worship and protectionism. Stiglitz and other moderate Democratic intellectuals believe that the heart of "economic security" as a political strategy should be a drastically revised social safety net for American workers. By offering universal health insurance and government-subsidized pension reform, Washington would relieve U.S. companies of those two burdens. Also helpful would be wage insurance, which would soften the blow for laid-off workers forced to take lower-paying jobs, and a turbo-charged government effort to promote new industries (like alternative fuels) to provide high-paying jobs. These ideas would cost...
...pension and foreign money is flooding into TIPS. With too many buyers chasing too few bonds, TIPS carry a paltry after-inflation yield of 2%. "People are going to wake up one day and decide that a 2% real yield just isn't enough," says Joe Shatz, a bond analyst at Merrill Lynch. If that happens, demand will fall, and TIPS holders will take a hit. Shatz advises waiting for an after-inflation yield of 2.5%. Until then, a short-term bond fund or bank CD will do nicely...
...even for risk takers, there are good arguments for playing it safe by putting 5% to 10% of your portfolio in TIPS. If pension money keeps rolling in--TIPS are useful for institutions addressing pension reforms--TIPS may keep right on chugging along...
...University should “do what’s right” and sever financial connections to the Khartoum regime, which the U.S. government has accused of supporting genocide. This isn’t the first time Capuano has broached the divestment issue. Last April, he asked public pension boards in Massachusetts to sever ties from firms with financial holdings in Sudan. Capuano is travelling in Africa with a congressional delegation. His office did not respond to a request for comment yesterday. Harvard divested its endowment holdings in PetroChina, a subsidiary of the Chinese National Petroleum Corporation, in early...