Tag Archive for Pensions

U.S. public workers say organized labor at a turning point | Reuters

As America’s biggest state and local government employees’ union gathered here this week, it faced obstacles like never before. After a big defeat in Wisconsin, and under pressure to accept cuts in jobs, pay, pensions and benefits, it needed to give convincing answers. Lee Saunders, who became the union’s first African American president on Friday,…

Obama will bang on Bain Capital as fight heats up | Washington Examiner

A lot of political insiders in both parties think Bain Capital is pretty much a dead issue in the 2012 presidential campaign… Except it’s not. Not only do President Obama’s strategists still believe Romney’s business record will be an effective issue, a new poll by a bipartisan firm suggests attacks on Romney’s past might play…

AIG Chief Sees Retirement Age as High as 80 After Crisis (Video) – Bloomberg

American International Group Inc. (AIG) Chief Executive Officer Robert Benmosche said Europe’s debt crisis shows governments worldwide must accept that people will have to work more years as life expectancies increase. “Retirement ages will have to move to 70, 80 years old,” Benmosche, who turned 68 last week, said during a weekend interview at his…