I had a pension that I was paying into for 27 years... It's now worth less than a Herman Cain endorsement.
Pension reforms, like investment advice and automatic enrollment, will strengthen the ability of Americans to save and invest for retirement.
Always be nice to bankers. Always be nice to pension fund managers. Always be nice to the media. In that order.
A generous basic state pension is the least a civilized society should offer those who have worked hard and saved through their whole lives.
The people who did the collateralized mortgage obligations, sold them to pension funds, then sold them short, then bought credit default swap insurance on them, are just amazing. They are a law unto themselves.
We do need to have a little bit more protection and sensibility around pensioners. They are remarkable. They gave so much. We need to make sure we do our best by them.
In the early 1980s, I burned my Social Security card at the New Orleans Investment Conference in protest of the state pension system.
I have written to Minister of State for Personnel, Public Grievances and Pensions, asking him to consider 'staggered office timings' for government offices, which will help in decongesting road traffic during peak hours.
Public employee unions, in their defense, say politicians have unfairly made them into simplistic bogeymen, responsible for problems that have myriad causes. Not all government workers receive generous pensions, they note.
Aside from the poor example it sets, the federal government enables reckless spending on public-employee pensions by offering hope of assistance from Washington if things get bad enough.
And it's also producing a growth in debt to the United States that will weight very heavily in a country that has to address issues like having more old people to be covered by Social Security or by pension in the future.
Unbeknownst to most American investors, significant portions of their public pension, mutual fund, life insurance and private portfolios are comprised of stocks of privately held companies that partner with state sponsors of terror.
They're making a song and dance because that serves their immediate interests. But what will happen tomorrow? They will have to pay salaries and pensions.
A corporation's responsibility is to the shareholders, not its retirees and employees. Companies are doing everything they can to get rid of pension plans and they will succeed.
The country will also need 'new forms of social welfare' instead of its current system which is excessively centred on pensions.
[after stopping Riggs from shooting himself] Roger Murtaugh: You're not trying to draw a psycho pension! You really are crazy!
I am in favor of reducing all budget items. But the item I don't want to reduce is the pension expenditure because it affects the weakest part of society.
Labor must work harder to attract and retain members. The party should be cheaper to join with discounted rates available for union members as well as for students, pensioners, and people out of work.
Work is transformative. It gives you a greater chance of a greater income. You can affect your life while you're of working age, so you have scope and opportunity. Pensioners do not.
Sorry, no. I refuse to join an army which practices human sacrifice and has no adequate pension plan.
Pension reform can be hard to talk about. In the long run, reform now means fewer demands for layoffs and less draconian measures in the future. It's in the best interest of all Californians to fix this system now.
