Word: pensioners
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...estranged after a husband's return to the household after decades of long hours at the office. Recent changes to divorce law also have loosened the purse strings that tie women to unhappy marriages. A law passed last year allows a divorcee to claim half of her husband's pension. Women have filed an estimated 95% of divorce applications since last April...
...husband's return to the household after decades of long hours at the office. Recent changes to divorce law also have loosened the purse strings that tie women to unhappy marriages. A law passed last year allows a divorcée to claim half of her husband's pension. Women have filed an estimated 95% of divorce applications since last April...
...Healy also praised the city’s decision to launch a transitional jobs program, which will help train and employ “disengaged” adults. The budget has increased largely because of costs related to city employees, including an annual salary increase and greater insurance and pension costs, according to an introduction Healy submitted with the proposed budget. The message also reported that higher costs of resources such as energy, water, and sewage are inflating the city’s expenses as well. Property owners won’t know exactly how much more they will...
...with rogue states because federal law forbids commerce with countries found to be state sponsors of terrorism. In the past, foreign subsidiaries of General Electric, Halliburton, Aon and Foster Wheeler have all done so legally. But these companies were approached several years ago by folks like New York City pension authorities and agreed to terminate or eventually end their involvement...
Proponents insist the performance of terror-free funds will not be a problem. New York City comptroller Bill Thompson, who oversees pension funds totaling $110 billion, says there is "strong interest" in establishing a terror-free pension option for the city's municipal workforce. He says according to the portfolio studies, the performance of terror-free funds will be as good as or better than alternatives. "Whenever you remove companies from the mix, there will be an impact," says Stephen Schoenfeld, Northern Trust's chief investment officer. "But when you use a very broad index like the FTSE/CSAG and remove...