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Special Report on

Pension insurer shifted to stocks

pension insurer shifted to stocks special research report Photo by www.pensionfundsonline.co.uk
for GM and Chrysler form of bizarre brinksmanship? If not, Obama has just painted himself in a corner based on what looks to be some very bad advice. As we will explain below, the notion of a “quick and surgical” bankruptcy for GM, and probably Chrysler too, is a fantasy. GM would be the most complicated bankruptcy ever. It simply isn’t amenable to a prepack or a fast track variant. In fact, somme bankruptcy experts think a Chapter 11 restructuring simply isn’t possible and a filing would morph in the courthouse into a liquidiation. That in turn would take out many suppliers, and many of the foreign ...
at the lowest level necessary to carry out its operations. Subject to other statutory limitations, the PBGC insurance program pays pension benefits up to the maximum guaranteed benefit set by law to participants who retire at age 65 ($54,000 a year as of 2009). The benefits payable to insured retirees who start their benefits at ages other than 65, or who elect survivor coverage, are adjusted to be equivalent in value.
REVIEWS AND OPINIONS
pension insurer shifted to stocks before crash, going broke?
Many Americans no longer have a pension. But for those of us who do, the idea that our pensions are partially insured to provide a guarantee against company failure, provides peace of mind. Well that is until the Bush lead privatizers got their hands on the Pension Benefit Guaranty Corporation. I read this story with horror in the Boston Globe. Just months before the start of last year's stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks . Yup the same ... market research, surveys and trends
Federal Pension Insurer Shifted to Stocks Last Year
.  The URL with “ml-implode” will still bring you here, to the old blog.  But the one without it now redirects to my Reuters blog. The best bookmark (in case the Reuters folks shift things around) may be the last.  I own that one.  It will always follow me. We’re still in the process of porting my old posts from OA to the new blog.  But I’m up and running and will be posting new ones. If you have thoughts on the layout or on usability, please leave comments with detailed suggestions.  Everyone on the team sees all comments so know that you’ll be heard. I am planning to keep posting links.  Started ... market research, surveys and trends

SURVEY RESULTS FOR
PENSION INSURER SHIFTED TO STOCKS

Pension insurer shifted to stocks - The Boston Globe
WASHINGTON - Just months before the start of last year's stock market collapse, the federal agency that insures the retirement funds of 44 million Americans departed from its conservative investment strategy and decided to put much of its $64 billion insurance fund into stocks. Switching from a heavy reliance on bonds, the Pension Benefit Guaranty Corporation decided to pour billions of dollars into speculative investments such as stocks in emerging foreign markets, real estate, and private equity funds. The agency refused to say how much of the new investment strategy has been implemented or how the fund has fared during ... industry trends, business articles and survey research
Pension Benefit Guaranty Corporation: Definition from Answers.com
Underfunded pension plans give PBGC the heebie-jeebies. The Pension Benefit Guaranty Corporation, or PBGC -- itself operating at a multi-billion-dollar deficit -- was set up to promote the growth of defined-benefit pension plans, provide payment of retirement benefits, and keep pension premiums as low as possible. The government agency protects the pensions of more than 34 million workers and monitors employers to ensure that plans are adequately funded. The agency receives no tax funds; its income is generated by insurance premiums paid by employers, investments, and assets recovered from terminated plans. The corporation was ... industry trends, business articles and survey research
RELATED NEWS
Canadian pension funds move in as UK counterparts sell up
The Canada Pension Plan Investment Board is bidding for Tomkins, while the Ontario Teachers Pension Plan recently bought Camelot and has a 27% stake in Northumbrian Water Phillip Inman guardian.co.uk , Monday 19 July 2010 19.25 BST As domestic pension funds sell their stakes in British companies, their place is increasingly taken by pension funds from Canada . The $127bn (£84bn) Canada Pension Plan Investment Board, which is bidding for Tomkins, already owns stakes in about 35 companies including chemist Alliance Boots, US retailer Dollar General, internet phone operator Skype and US phone-equipment maker Avaya. The pension fund ... market trends, news research and surveys resources
Capital City Bank Group, Inc. Reports Second Quarter 2010 Results
today reported net income for the second quarter of 2010 totaling $0.7 million ($0.04 per diluted share) compared to a net loss of $3.5 million ($0.20 per diluted share) for the first quarter of 2010 and net income of $0.8 million ($0.04 per diluted share) for the second quarter of 2009. For the first six months of 2010, the Company reported a net loss of $2.7 million ($0.16 per diluted share) compared to net income of $1.4 million ($0.08 per diluted share) for the same period in 2009. Net income for the second quarter reflects a loan loss provision of $3.6 million compared to $10.7 million for the first quarter of 2010 and $8.4 ... market trends, news research and surveys resources

INFORMATION RESOURCES

Valuing and Hedging Defined Benefit Pension Obligations – The ...
(they partially shifted back in 2005); see Jolliffe (2005) and Ralfe (2005). ..... terminate (from the perspective of the firm or pension insurer) in the ...... ______ (1989), "Should You Use Stocks to Hedge Your Pension Liability? ... technology research, surveys study and trend statistics
GAO-03-1050SP Pension Benefit Guaranty Corporation Single-Employer ...
GAO has designated PBGC's single-employer pension insurance program as ... Declines in the stock market and interest rates and certain weaknesses in ... base continues to shift away from active workers, falling from 78 percent of ... technology research, surveys study and trend statistics
REAL TIME
PENSION INSURER SHIFTED TO STOCKS
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QUESTIONS AND ANSWERS
Can someone explain with scenarios, the possible effects of US ...
O) Gas & Food prices in US, airlines prices (just in case hundreds of thousands people want to fly off and out of this country.) P) Federal Reserve Bank, Bank of International settlement, Central Bank Q) Derivatives market - Credit Default Swaps, CDO's - Collateralized debt obligations and derivative products. R) the land, natural resources of USA S) chances of civil war? T) Social Secuirty, Medicare, Medicaid, Insurance, Pensions, Retirement, savings? U) Berkshire, Google, Microsoft, AAPL, GE, Dow Chemicals, Citi, BOA, MS, JPM, GS and small businesses? V) Personal Credit , Business credit? W) Poverty, malnutrition & Famine?
Fast Answers: Retirement & Wills, 401(k), General. - MSN Money
Unlike contributions to a regular 401(k) account, contributions to a Roth 401(k) will not reduce your taxable income this year. But your account will grow tax free, and, assuming you leave the contribution in the account for five years, you can generally withdraw the money tax free after you retire. An important point: You won’t get to contribute more to your plan. The total that can be contributed would remain the same -- $16,500 in 2009 ($22,000 if you are over age 50). But you can opt to make part or all of their contributions after-tax to get tax-free treatment later. (For more information, check Liz Pulliam ...