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Tuesday, October 15, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: pension

UPDATED: Fri., Jan. 18, 2019, 6:53 p.m.

Feds move to take over Sears pension plans, cover ‘vast majority’ of benefits for 90,000 retirees

The Pension Benefit Guaranty Corp. said in a new release Friday that it believes Hoffman Estates, Illinois-based Sears Holdings Corp.’s “continuation of the plans is no longer possible” after the …

Facing protests, Russia’s Putin offers pension concessions

Russian President Vladimir Putin on Wednesday scaled back plans to lift women’s retirement age by eight years to 63 as he offered concessions to a package of pension reforms that …

UPDATED: Wed., May 23, 2018, 2:37 p.m.

Idaho candidates could see big pension perks if elected

Idaho’s top candidates will see big boosts to their state pension benefits if successful in their pursuit of statewide positions.

UPDATED: Thu., March 29, 2018, 8:54 p.m.

Amid teacher anger, Kentucky lawmakers pass pension overhaul

Republican lawmakers in Kentucky passed a pension overhaul Thursday that preserves benefits for most workers and does little in the short-term to address the state’s massive debt.

Victims’ families urge California to end gun investments

Families of mass shooting victims and others called Monday for the nation’s largest public pension fund to stop investing in companies that sell assault weapons and devices that allow guns …

Froma Harrop: Will you work till you drop?

Americans who don’t plan, can’t plan or are in too desperate straits to put anything aside may end up working for the rest of their lives.

Judge won’t restore pensions for retired Hanford workers

A federal court ruling says the Department of Energy had no obligation to continue full pension benefits for Hanford nuclear reservation workers who were required to switch from one employer …

Oregon pension managers shift to age-based investment funds

Oregon’s public pension managers have voted to undertake a major shift in the way they invest members’ money, turning to age-based investment funds for beneficiaries’ individual accounts.

Russia’s pension money for veterans could be linked to election hacking investigation

Hundreds of thousands of dollars flow every month from Russia to its former soldiers living in the United States, usually unseen and unchecked. But now U.S. investigators are examining whether …

Divided America: Easy retirement? Only for a privileged few

The American dream of a blissful retirement, free of financial worries, is dying.

Taj Mahal workers continue strike over health care, pensions

A strike against Atlantic City’s Trump Taj Mahal casino entered its second day Saturday with both sides appearing confident they could outwait the other and prevail in the bitter dispute …

Pension perk bill dies in Idaho Senate

BOISE – Legislation to end a special retirement perk for Idaho state lawmakers who take high-paying state jobs late in their careers has died without a hearing in a Senate …

Boeing to freeze pensions for managers

SEATTLE (AP) — Boeing Co. said Thursday it is freezing the traditional defined-benefit pensions for 68,000 nonunion employees - including managers and executives - starting in 2016.

State looks at salary hikes

OLYMPIA – Washington retirement officials said Tuesday they are examining a batch of pay raises that helped some government workers increase the values of their pensions. Marcie Frost, the director …

Disability status not a game-changer

SEATTLE – On a good day of golf, Ken Brunette will shoot just a few strokes over par. On a bad outing, Odin Rondestvedt will stray into the 100s. Jack …

Condon to keep salary at $100K for 2012

Spokane Mayor David Condon will hold his salary at $100,000 this year as promised, despite the recent controversy over his predecessor’s pay. But he said he will review his options …

Verner pay request denied

Former Mayor Mary Verner says she will not receive the $140,000 in back pay she requested in her final days in office. Verner told KHQ-TV that she received a “determination …

Cowles freezing pension plan

Cowles Co., which owns The Spokesman-Review, KHQ-TV, The Journal of Business and other businesses, announced Thursday that it will freeze the company’s pension plan effective Sept. 1. At the same …

Sheriff planning to hire Chilberg

Sheriff Ozzie Knezovich hopes to profit from former Spokane County Treasurer Skip Chilberg’s recent re-election defeat. Knezovich had been wishing for a budget director when voters gave Chilberg his pink …

Ex-county treasurer will be sheriff’s budget director

Sheriff Ozzie Knezovich hopes to profit from former Spokane County Treasurer Skip Chilberg’s recent re-election defeat.

Wash. government pension fund took big hit in 2008

Washington’s public employee pension fund lost about a fifth of its value in 2008, bumping up the unfunded liability for the oldest pension plans and likely requiring workers to pay …