Word: pensioneer
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...vote by the city’s Board of Aldermen came five weeks after the proposal drafted by Somerville Divestment Project was first introduced. The proposal had called on the city to divest its pension fund from Israeli bonds and withdraw investments from American corporations providing military products to Israel...
...RMAS found that in some cases a degree of confusion persists among vendors with respect to total compensation, which includes payment of parity wages, as well as benefits (most notably pension),” University spokesman Joe Wrinn writes in an e-mail. “That is, the benefit and pension packages offered by various outside vendors are not always directly comparable...to those provided by Harvard to its workers, which makes determination of parity more difficult...
...recent 2004 audit noted both successes (as with paid time off) and continued disparity (as with pension plans and seniority...
Somerville’s pension fund has shares in United Technologies, Caterpillar, Boeing and other corporations that provide Israel with defense equipment...
...think such initiatives at the municipal and state level may be more successful as pension funds here are by law under public scrutiny and control whereas those held by Harvard are not,” he wrote in an e-mail...