Word: pensioned
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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...
...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...
...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...
...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...
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...