San Francisco pension tension heats up Tensions over dueling November pension measures intensified Tuesday with a new message sent from backers of Mayor Ed Lee’s effort: Voters should only support one, not both. Lee’s pension measure for the November ballot has the support of labor leaders and a majority of the Board of Supervisors. Public [...]
Archive for the ‘Pensions’ Category
Canadian pension firms team on $6.3-billion Kinetic acquisition
Posted by admin on July 18th, 2011
Canadian pension firms team on $6.3-billion Kinetic acquisition Group buying U.S. medical device company includes CPPIB, the Public Sector Pension Investment Board and private equity firm Apax Parners Read more on The Globe and Mail
Posted in Pensions 
Tags: $6.3billion, Acquisition, Canadian, firms, Kinetic, Pension, Team 
No Comments »Nortel pensioners slammed with pension cuts, claw backs
Posted by admin on July 18th, 2011
Nortel pensioners slammed with pension cuts, claw backs Days after a patent sale generated $4.5 billion (U.S.) for creditors of insolvent Nortel Networks, its retirees are facing a huge cut in pension income, along with a clawback of benefits paid out over the past 10 months. Read more on Toronto Star
Punjab restores pension of aided school staff
Posted by admin on July 18th, 2011
Punjab restores pension of aided school staff Chandigarh, July 14: In a decision which would benefit as many as 5,771 employees, Punjab Chief Minister Parkash Singh Badal today gave approval for restoration of the pension to the teaching and non-teaching staff of the Private Aided Schools across the state with immediate effect. Read more on [...]
Nortel Pensioners Slammed Again?
Posted by admin on July 18th, 2011
Nortel Pensioners Slammed Again? Via Pension Pulse . Michael Lewis of the Toronto Star reports, Nortel pensioners slammed with pension cuts, claw backs : Days after a patent sale generated $4.5 billion (U.S.) for creditors of insolvent Nortel Networks, its retirees are facing a huge cut in pension income, along with a clawback of benefits [...]
Clark calls Ferries CEO’s pension ‘way, way too big’
Posted by admin on July 14th, 2011
Clark calls Ferries CEO’s pension ‘way, way too big’ Premier Christy Clark slammed BC Ferries CEO David Hahn for his lucrative pension package Monday, saying she has trouble understanding why he’s paid so much. Read more on Canada.com
