CHICAGO, July 3- The Illinois Supreme Court decided Thursday that healthcare for retired state workers is a constitutionally protected pension benefit, a ruling with implications for pension reform legislation passed by the state legislature earlier this year.» Read More
The Supreme Court dealt a blow to public sector unions Monday, ruling that thousands of home health care workers in Illinois cannot be required to pay fees that help cover a union's costs of collective bargaining.
NEW YORK, June 23- For years, some U.S. states and cities failed to put enough money into their retirement systems, leaving an estimated $1 trillion gap in public pension funds across the country. But in two of the states with the biggest pension problems, New Jersey and Illinois, recent reforms allow lawsuits to seek to compel full contributions.
Starbucks just advanced the ball on tuition reimbursement. Is there a revolution brewing in Corporate America?
SHANGHAI, June 11- About 500 employees of a factory in southern China owned by Swiss engineering group ABB have gone on strike over compensation and low social insurance contributions by the company, a worker and an activist said on Wednesday.
Recruiters say these kinds of perks help start-ups attract talent. But there's another motive.
Manufacturing has the best benefits in 2014 out of six industries in the percentage of employees offered basic benefits, Aflac says.
May 19- Many retirees don't maximize their Social Security retirement benefits because they start them at the wrong time or overlook more sophisticated claiming strategies.
Discussing the stigma attached to women who take career breaks to raise a family and try to come back to work, with Shirley Leung, The Boston Globe, and CNBC's Steve Liesman.
More men over the age of 50 have college degrees, but under the age of 35, the figures reverse. CNBC's Steve Liesman questions how businesses will react to the rising "she-conomy."
April 25- A committee created by a U.S. bankruptcy court to represent Detroit's retired workers said on Friday it reached an agreement in principle with the city over pensions and healthcare, potentially giving the city a key ally.
April 25- A committee created by a U.S. bankruptcy court to represent Detroit's retired workers said on Friday it reached an agreement in principle with the city over pensions and healthcare.
April 25- A committee created by a U.S. bankruptcy court to represent Detroit's retired workers said on Friday it reached an agreement in principal with the city over pensions and healthcare.
NEW YORK, April 18- A U.S. bankruptcy judge largely declined on Friday to rule that former American Airlines parent company AMR Corp had a unilateral right to terminate benefits for nearly 47,000 retirees.
HONG KONG, April 17- Yue Yuen Industrial Ltd, which makes sports shoes for Nike and Adidas, said it will change employee benefit payments for workers at a Guangdong factory after the employees went on strike.
April 15- Detroit reached its first deal with a retired workers group on Tuesday over pension and healthcare benefits and was close to a deal with at least one of its pension funds, giving a major boost to the city's plan to exit bankruptcy in October.
April 15- Detroit reached its first deal with a retired workers group on Tuesday over pension and healthcare benefits and was close to a deal with its two pension funds, giving a major boost to the city's plan to exit bankruptcy in October.
NEW YORK, April 9- It may sound like something you would train your dog to do, but the "reverse rollover" is a maneuver that more retirement-minded workers should try. Currently, 69 percent of company 401 plans allow workers to bring IRA money to them, according to the Plan Sponsor Council of America, an employer group.
SAN FRANCISCO, April 4- Tech workers in Silicon Valley debated on Friday whether Mozilla CEO Brendan Eich got the comeuppance he deserved or was himself a victim of intolerance when he resigned under pressure this week amid outrage over his opposition to same-sex marriage.
CHICAGO, April 1- Chicago Mayor Rahm Emanuel proposed raising property taxes and reducing retirement benefits for some city workers in order to ease a severe pension funding problem, according to details of the plan released by his office on Tuesday. Chicago warned that the two systems face insolvency within nine to 17 years.
CHICAGO, April 1- Facing a growing pension funding problem, Chicago Mayor Rahm Emanuel proposed raising property taxes and reducing retiree benefits for some city workers, according to local newspaper reports on Tuesday.