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. Follow the money. Find the profits!Liquidity is money. Regardless of where in…

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. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall…