Posts Tagged ‘pension’

“Who Could Be Next”: Top Canadian Pension Fund Sells Manhattan Office Tower For $1, Sparking Firesale Panic

New York during the inflationary surge of the late 70s and early 80s was a mythical place where one could purchase a Park avenue penthouse for $1 (while assuming the copious debt, of course). Now, thanks to the brutal bear hug of the highest interest rates in 40 years and the ongoing CRE crisis, those […]

California pension funds have billions invested in fossil fuel companies named in state’s lawsuit

The two funds are resisting pressure from legislators and activists to shed their gas and oil holdings. Source

Unpopular Pension Plan Enacted Into French Law

French President Emmanuel Macron’s unpopular plan to raise France’s retirement age from 62 to 64 has been enacted into law. Source

French Pension Protesters Storm Paris BlackRock Headquarters

French Pension Protesters Storm Paris BlackRock Headquarters by Tyler Durden Thursday, Apr 06, 2023 – 07:10 AM Update (0810ET): We noted early that pension protestors in France were gathered outside of BlackRock’s Paris headquarters. The protestors have now stormed the building. Here are the current scenes from Paris: PiQ @PriapusIQ · Follow  BREAKING: BlackRock’s office in […]

Photos Show Paris Protesters Storming BlackRock Building Amid Pension Fight

Workers across France are striking against the government’s plan to increase the retirement age, taking their battle to the world’s largest money manager. Source

Macron determined to push ahead with pension reforms despite anger

The French president wants to plough on with hugely unpopular pension reforms, saying he will sacrifice personal popularity for the sake of his country. Source

Watch: Protesters in France clash with police over government’s pension reform

Police fired tear gas and angry demonstrators threw projectiles as violence erupted again in streets across France on Tuesday night. Source

Watch: Protestors against pension reform clash with riot police in Paris

Updated: 17/03/2023 – 16:38 Clashes broke out on Thursday evening between riot police and protestors during the demonstrations against the pension reform, in Paris. Clashes broke out on Thursday evening between riot police and protestors during the demonstrations against the pension reform, in Paris. Similar scenes repeated themselves in numerous other cities, from Rennes and […]

Not just about retiring at 64: What you may have missed in the French pension reform

The proposed reform to the retirement age and the benefits that come with stopping work prompted an outcry across France. But why is it proving so controversial? Here’s what we think you should know about it. It’s not just about retiring at 64 In France today, everyone can retire at 62. With this reform, as […]

Protests against French President Emmanuel Macron as his pension bill is forced through parliament

Striking sanitation workers blocked a waste collection plant that is home to Europe’s largest incinerator to underline their determination, and university students walked out of lecture halls to join the strikes. Leaders of the influential CGT union called on people to leave schools, factories, refineries and other workplaces. Union leaders were not the only ones […]

French Senate Passes Controversial Pension Reform Raising Retirement Age Despite Mass Protests

The pension reforms suggested by President Emmanuel Macron have received approval from the upper house of the French parliament. Many segments of society have vehemently opposed the plans, which include raising the retirement age. According to AFP, 195 senators supported the ideas late on Saturday, while 112 opposed them. Prime Minister Elisabeth Borne called the […]

Almost a million march in France in protest at government pension reform plans

Almost a million people took part in protest marches in France showing their opposition to plans to increase the retirement age from 62 to 64. There were clashes with riot police in Paris with eight arrests. Source

Making France work until 65: PM to unveil controversial new pension reform

It is expected that the retirement age will be raised from 62 currently, to 64 or 65. Source

NYC to use pension fund investments to push Mastercard and American Express to flag gun sales

Elected officials in New York City and three of the city’s pension funds are pushing credit card providers American Express and Mastercard to start tracking spending on firearms, in an effort to catch suspicious sales.

Fauci’s Retirement Pension Will Be More Than The President’s Salary

Dr. Anthony Fauci is set to net the largest federal retirement package in US history. This week, Fauci who is director of the National Institute of Allergy and Infectious Diseases (NIAID) and President Biden’s Chief […] The post Fauci’s Retirement Pension Will Be More Than The President’s Salary appeared first on News Punch. Source

F#cki’s Retirement Pension Will Exceed President Biden’s Salary

There is a simple cost cutting solution. Hang his ass till his neck snaps and he s#its his pants. Mass murder is a hanging offense. The killer jabs have mass murdered at least tens of thousands of people. He purposely violated the Nuremberg Code. Thats a hanging offense. Hang his ass and he will need […]

 Saving Social Security – A National Pension Plan Revisited

Only a National Pension Plan can provide a suitable and secure financial arrangement for retirees. Fortunately, Social Security already has the framework for a National Pension Plan. Financial constraints indicate that Social Security (SS) has a precarious future. Ignored is that Social Security history shows built-in failures that cannot be constantly repaired. Only a National Pension […]

California Pension Fund Agrees to $2.7 Billion Lawsuit Deal

LOS ANGELES—The nation’s largest public pension fund has agreed to pay up to $2.7 billion to refund policyholders hit with huge hikes in their premiums, it was announced Tuesday. The California Public Employees’ Retirement System, or CalPERS, has agreed to settle a class-action lawsuit over the fee hikes that were imposed on nearly 80,000 people […]

 Pensioners’ protest: Why are pension payments blocked in Jharkhand?

Anthi Devi of Chungru Panchayat in Barwadih, Latehar district, Jharkhand, cannot control the tremors in her body. She is evidently suffering from symptoms of Parkinson’s disease, but she too is among those protesting in Jharkhand seeking their monthly pension. Her Rs1,000 pension per month stopped five years ago, and she does not know why. https://twitter.com/roadscholarz/status/1355141137284034565 […]

Italy granted her a Holocaust survivors’ pension, then asked for it back

In 2012, Messauda Fadlun received a letter from the Italian government asking her to return all the money she had been receiving as part of a restitution program for those racially persecuted by the fascist regime during World War II. Fadlun, an Italian-Libyan Jew, and her family were shocked. “We thought there had been a […]

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