TRENTON, N.J.— A commission convened by Gov. Chris Christie to look into the health benefits and pension liabilities for public employees reported Thursday that the costs threaten to put a $90 billion drain on New Jersey's future state budgets.» Read More
RIVERSIDE, Calif., Sept 11- The city of San Bernardino, California, may impose cuts to its firefighters overtime and pension benefits in a bid to reach a bankruptcy exit plan, the federal judge overseeing the case said on Thursday.
SHANGHAI/ DONGGUAN, Sept 11- About 16,000 workers at two subsidiaries of Taiwanese touch-screen maker Wintek Corp went on strike over holiday benefits this week in southern China in one of the biggest work stoppages this year, the Xinhua news agency reported.
SHANGHAI, Sept 11- About 16,000 workers at two subsidiaries of Taiwanese touch-screen maker Wintek Corp went on strike over holiday benefits this week in southern China in one of the biggest work stoppages this year, the Xinhua news agency reported.
NEW YORK, Sept 10- U.S. health insurance premiums are going up only 3 percent this year, to an average of $16,834 for a family. The Kaiser Family Foundation's 2014 Employer Health Benefits report says that rate increases are slowing from recession highs that ran far above inflation rates.
Forty-one percent of those surveyed said the spent 15 minutes or less researching their health insurance plan in 2013, USA Today reports.
LOS ANGELES, Aug 19- The California Public Employees' Retirement System, America's largest public pension fund, is expected to approve nearly 100 types of extra pay on Wednesday that will count toward how pensions are calculated for newly hired workers.
HONG KONG, Aug 14- Chinese shoe manufacturer Yue Yuen Industrial Holdings Ltd posted a 48 percent fall in first-half net profit as it booked provisions to improve employee benefits- steps it has taken after it suffered from a major strike earlier this year.
NEW YORK, Aug 13- When benefits enrollment season arrives this fall, employees around the country can expect to see the impact of corporate cost-cutting on their finances.
With volatility and geopolitical risks picking up this summer, some in the financial markets are questioning whether to put vacation plans on hold.
July 30- U.S. health insurer Humana Inc reported a lower profit owing to higher costs on Wednesday, as mounting concerns about increased medical spending drove health insurance industry shares lower for a second straight day.
GM GENERAL COUNSEL MILLIKIN SAYS YES WHEN ASKED WHETHER ANY OF THE 15 EMPLOYEES FORCED OUT RELATED TO DEFECTIVE SWITCH WERE GIVEN RETIREMENT BENEFITS OR SALARY THEY HAD NOT PREVIOUSLY EARNED.
Most of the cuts he suggested in a 72- page review of Italy's public administration- an unpublished tome seen by Reuters that picks apart services ranging from disability benefits to policing- appear to have been ignored by Matteo Renzi's government.
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.
WASHINGTON, July 2- Bangladesh has to do more to improve factory conditions and workers rights in order to have U.S. trade benefits restored, the U.S.
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.