Word: pensioneer
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...enterprise, with 400 separate subsidiaries all over the world, some of which are consolidated and some of which are not. In fact, going forward, GM's huge European operations, including its burgeoning business in Russia, will no longer be consolidated. It also appears that GM could withhold information on pension obligations, which are separate from the VEBA, even though that will remain with...
...characterize the results of the program in any way, saying that the participation rate speaks for itself. He also declined to comment on the costs or savings achieved by the program, but noted that it was primarily funded through assets set aside for the University's defined-benefit pension plan.Harvard's financial report for fiscal year 2008 showed an apparent surplus of nearly $300 million in the University's pension-plan assets after subtracting away benefit obligations of roughly $600 million, suggesting that the University may have been able to pay for the retirement incentives without its increasing near-term...
...Raheleh Rahim, 27, an architect rushing toward the event dressed in white (in contrast to the black chador preferred by many conservative women) and a lot of makeup, told TIME, "[Ahmadinejad] has raised my retired grandmother's pension - she was a teacher - as well as my mother's salary - she is a nurse. These are the things that really matter." Mousavi supporters, she said, "keep talking about freedom - I have all the freedom I need in this country...
...turbulent times, instrument valuations have very little correlation with indexes like the S&P 500. That's valuable for anyone looking to hedge against the rampant swings of the stock market. In a recent study in the international journal Pensions, R.A.J. Campbell suggests that pension funds consider adding top instruments to their portfolios to diversify their risk. "Violins are much less volatile than art," says Graddy, who co-authored a paper called "Fiddling with Value: Violins as an Investment?" While the Mei-Moses Fine Art Index was down 35% in the first quarter of 2009, prices for top instruments showed...
...White House officials said GM's pension funds will move over to the new GM. But some of the automaker's salaried retirees fear that, since they don't have a union, GM might not make their concerns a priority. Consequently, they have retained lawyers to force GM to ensure that their claims involving benefits and pensions are lodged with the new company...