Word: pensioneer
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...global equity derivatives for Merrill Lynch. He reports, with satisfaction, that the Japan index "provides upside in the market in Japan in a domestic instrument, U.S. dollar-based, no currency risk, no downside risk: worst case you've got about a . . . ((pause)) . . . 2.34% yield. That was very applicable to pension funds, to insurance companies, to mutual funds...
...University-wide benefits review process started last summer will likely result in both cuts and increases in Harvard employees' health care and pension plans, Provost Jerry R. Green said yesterday...
...climactic violence came after more than a week of strikes by teachers and civil servants worried about pensions in the event that the homeland stayed out of the elections. On Thursday and Friday protesters swelled the streets, and looters exploded through shopping centers. "This is part of my pension fund," said a smiling young man who called himself Michael as he walked away from a store with a stolen jug of wine. After consultations with A.N.C. leader Nelson Mandela, order was restored when President F.W. de Klerk sent in 2,000 troops of the South African Defense Force, plus additional...
...they pose a serious threat to Harvard's financial health. It seems the staff hasn't heard of the nationwide obsession with benefits--does the Clinton health care plan ring any bells?--or the fact that every respectable corporation this side of Havana is reviewing employee health insurance options, pension plans and the like...
...University benefits program provides health care and pension plans for University employees. Four years ago. the benefits program had s solid reserve; now it is in a spiral of debt that appears will not end without serious reform of the benefits system...