Pension Obligations

RECENT NEWS
New York Times  Apr 14  Comment 
Governments are struggling as mounting pension obligations crowd out the rest of their budgets. Oregon faces a severe, self-inflicted crisis.
Wall Street Journal  Feb 6  Comment 
Residents are paying more for everything from parking tickets and 911 calls to sewer service and trash pickup as cash-strapped American cities struggle to pay for mounting pension obligations, cover costly infrastructure improvements and...
Financial Times  Aug 20  Comment 
Corporate treasurers take advantage of low borrowing costs and 35% tax deduction
Financial Times  Jul 21  Comment 
There is an answer to local governments’ pension obligations and under-investment
Insurance Journal  Jun 26  Comment 
Insurer Hartford Financial Services Group Inc. said on Monday it would transfer $1.6 billion, or 29 percent, of its pension liabilities to Prudential Financial Inc. Hartford is the latest U.S. firm to transfer its pension obligations as rising...
New York Times  Mar 13  Comment 
Puerto Rico hopes to restructure more than $110 billion of debt and pension obligations — if it can produce a credible plan. The Fed on Wednesday is likely to give an indication of its future plans.
Financial Times  Feb 10  Comment 
Retailer vows to cut costs by $1bn and reduce debt and pension obligations by $1.5bn
Reuters  Feb 10  Comment 
Struggling retailer Sears Holdings Corp reported a 10.3 percent drop in comparable store sales for the holiday quarter, and said it would cut debt and pension obligations by at least $1.5 billion this year.




 
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