Topic: Pensions
U.S. to assume Toyota/GM joint venture pensions
Reuters US Online Report Business News
WASHINGTON (Reuters) - The U.S. agency that insures corporate pensions will assume plans covering 5,800 workers and retirees of a joint venture in California between Toyota Motor Corp <7203.T> and General Motors Co <GM.UL> that closes at the end of the month. Toyota ...
CALPERS should look to the DJIA for more realistic pension return assumptions
AlphaNinja
It looks like more pain for California's taxpayers, as CALPERS will reduce the return assumption on its state employee pension plan. The lower the assumed return, the higher the annual contribution needed from employees and taxpayers to pay out retirees.From the WSJ:Calpers is considering whether to reduce ...
3 Ohio pension funds get group status in AIG claim
AP News
Federal judge grants 3 Ohio pension funds class-action status over claims against AIGA federal judge is allowing shareholders suing insurance giant American International Group to proceed as a single class. U.S. District Court Judge Deborah Batts of the southern District of New York on Monday granted three Ohio state ...
BMW to offload UK pension liabilities to Deutsche
Reuters US Online Report Business News
LONDON (Reuters) - German car maker BMW <BMWG.DE> is set to announce a deal on Monday to offload 3 billion pounds ($4.62 billion) of longevity risks from its UK pension scheme to Deutsche Bank <DBKGn.DE>, the Financial Times reported. The German bank's insurance ...
Related Videos by 5min
on OneRiot
Related Photos by Flickr
From Our Network
- Court rejects new appeal of Chrysler sale greenproducttracker.com
- Investment exec to pay $20M in NY pension scandal purchasingavacationhome.com
- Stalled Chicago skyscraper project may start again riskyinvestmentideas.com
- Ex-Calpers staff ties with financier probed: report interestratepolicies.com
- - weightliftinginformation.com
