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A collection of news and information related to Pension and Welfare published by this site and its partners.

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    May 29, 2012 |Story| Los Angeles Times

  1. Wal-Mart annual shareholders meeting sparks protests

    Retail giant Wal-Mart Stores Inc. is facing an organized wave of protests pushing for changes in leadership at the company's annual shareholders meeting Friday.
    Retail giant Wal-Mart Stores Inc. is facing an organized wave of protests pushing for changes in leadership at the company's annual shareholders meeting Friday. Wal-Mart workers and community activists are marching in a Washington, D.C., parade to the...

    Tags: Politics, Companies and Corporations, Political Corruption, Career and Workplace, Employees

    2. May 29, 2012 |Story| Los Angeles Times Exclusive

  2. Small investors are at the mercy of big bankers' greedy antics

    While a horde of lobbyists representing big banks and financiers fights every modest effort of the Obama administration to set limits on their clients’ buccaneering ways, JPMorgan Chase and Morgan Stanley have shown, once again, how these pirates of finance cannot be trusted with the power they have over the economic security of the American middle class.
    While a horde of lobbyists representing big banks and financiers fights every modest effort of the Obama administration to set limits on their clients’ buccaneering ways, JPMorgan Chase and Morgan Stanley have shown, once again, how these pirates of...

    Tags: Politics, Great Depression (1929), Media Industry, Banking, Mutual Funds

    3. May 25, 2012 |Story| AP Member Choice Complete

  3. Typical CEO made $9.6 million last year, study finds

    Profits at big U.S. companies broke records last year, and so did pay for chief executives.
    Profits at big U.S. companies broke records last year, and so did pay for chief executives. The head of a typical public company made $9.6 million in 2011, according to an analysis using data from Equilar, an executive pay research firm. That was up...

    Tags: Companies and Corporations, Corporate Performance, Philippe P. Dauman, Viacom Inc., Sanjay K. Jha

    4. May 20, 2012 |Column| Los Angeles Times

  4. Helping an indigent parent access social service benefits

    <b>Dear Liz:</b> Our mother just turned 64, and our father is divorcing her. She hasn't worked in years because of significant physical and mental health issues. My sister and I have been trying to figure out how she's going to survive on $750 a month, which is the equivalent of half his Social Security. She has always had serious issues with money management, which is why there are no retirement savings or a house. We are now about to embark on the maze of social service benefits that an older woman below the poverty line can receive, partly so we can decide whether she's better off staying put where she is in Arkansas, moving to my sister's in Texas, moving to be near me in Maryland, or moving to her childhood home of Chicago, where most of her friends are. For a lot of complicated reasons (mostly related to the mental health issues), we are trying to avoid having her live with either of us full time, and she expresses no desire to do so. So we have to figure out the ins and outs of Medicaid, food stamps, subsidized senior housing and anything else in four different states and then try to explain it to her. If you have any hints about helping an indigent and somewhat incapacitated mother access services, we would love to hear them. We feel a little overwhelmed at the moment and aren't even sure whom to call in each place.
    Dear Liz: Our mother just turned 64, and our father is divorcing her. She hasn't worked in years because of significant physical and mental health issues. My sister and I have been trying to figure out how she's going to survive on $750 a month, which...

    Tags: Credit and Debt, Politics, Car Repair and Maintenance Tips, Behavioral Conditions, Social Security

    5. May 23, 2012 |Story| Los Angeles Times

  5. Joe Paterno built up a $13.4-million pension

    Joe Paterno accrued a state pension worth $13.4 million during his coaching career at Penn State, a family spokesman said.
    Joe Paterno accrued a state pension worth $13.4 million during his coaching career at Penn State, a family spokesman said. Paterno's widow, Sue, will receive an initial payment of $10.1 million by the end of May, with the rest to be paid out over the...

    Tags: Politics, Joe Paterno, Sports, Swimming, Interior Policy

    6. May 23, 2012 |Story| Los Angeles Times

  6. California teachers pension fund to vote against Wal-Mart board

    SACRAMENTO &#8212; The California State Teachers' Retirement System will cast its 5.3 million shares of Wal-Mart Stores Inc. against the reelection of the company's board after allegations of bribery in the retailer's Mexican operations.
    SACRAMENTO — The California State Teachers' Retirement System will cast its 5.3 million shares of Wal-Mart Stores Inc. against the reelection of the company's board after allegations of bribery in the retailer's Mexican operations. Citing "a...

    Tags: Education, Politics, Companies and Corporations, Voting, Corporate Officers

    7. May 23, 2012 |Story| Los Angeles Times

  7. CalPERS withholds votes on nine Wal-Mart directors

    SACRAMENTO --Adding weight to a growing backlash over alleged corruption in Mexico, the California Public Employees' Retirement System is withholding its support for the election of nineWal-Mart directors.
    SACRAMENTO --Adding weight to a growing backlash over alleged corruption in Mexico, the California Public Employees' Retirement System is withholding its support for the election of nineWal-Mart directors. The $228-billion CalPERS fund said it would...

    Tags: Politics, Walmart, Bribery, Interior Policy, Elections

    8. May 22, 2012 |Story| AP Member Choice Complete

  8. Pension fund to vote against Wal-Mart board

    One of the nation's largest pension funds says it will vote its 5.3 million shares against all of Wal-Mart's nominees to the board of directors at the annual shareholders' meeting next week. The California State Teachers' Retirement System says it has...

    Tags: Politics, Walmart, Bribery, Interior Policy, Corporate Crime

    9. May 18, 2012 |Story| Los Angeles Times

  9. In Europe, time for true austerity

    Talks to form a coalition government in Greece collapsed again this week as a result of the country's belt-tightening backlash. The country now faces an unpleasant dilemma: agreed-upon austerity measures in exchange for bailout funds, or a messy default and exit from the Eurozone. Greece's deteriorating situation raises many questions about whether austerity is the right path for other struggling European nations trying to avoid this same fate.
    Talks to form a coalition government in Greece collapsed again this week as a result of the country's belt-tightening backlash. The country now faces an unpleasant dilemma: agreed-upon austerity measures in exchange for bailout funds, or a messy default...

    Tags: Politics, Career and Workplace, George Mason, National Government, Lawrence Summers

    10. May 17, 2012 |Column| Los Angeles Times

  10. A little Brown wizardry needed to fix budget

    Gov. Jerry Brown is testy. He's defensive. He's very frustrated.
    Gov. Jerry Brown is testy. He's defensive. He's very frustrated. He's only human, after all — not a demigod, not the all-wise, powerful supergov he portrayed himself to be when running for the office. It's hard to know who believed that...

    Tags: Politics, Pete Wilson, Regional Authority, Justice System, Public Finance

    11. May 15, 2012 |Story| Los Angeles Times

  11. Jerry Brown's plea to voters: 'Please increase taxes temporarily'

    SACRAMENTO &mdash; Gov. Jerry Brown released a plan to close California's rapidly growing deficit by switching state offices to a four-day week, slashing welfare benefits and healthcare for the poor and relying on a variety of short-term fixes &mdash; all in the hopes that voters will give the state some breathing room by raising taxes in November.
    SACRAMENTO — Gov. Jerry Brown released a plan to close California's rapidly growing deficit by switching state offices to a four-day week, slashing welfare benefits and healthcare for the poor and relying on a variety of short-term fixes — all...

    Tags: Republican Party, Politics, Voting, Regional Authority, House Building

    12. May 8, 2012 |Story| Los Angeles Times

  12. Wal-Mart manager creates online petition seeking change at company

    Weeks after news about Wal-Mart's alleged involvement with bribery in Mexico surfaced, rank-and-file workers at the nation's largest retailer have taken their calls for change online.
    Weeks after news about Wal-Mart's alleged involvement with bribery in Mexico surfaced, rank-and-file workers at the nation's largest retailer have taken their calls for change online. Venanzi Luna, a department manager at a Wal-Mart Supercenter in Pico...

    Tags: Politics, Companies and Corporations, Political Corruption, Bribery, Economy, Business and Finance

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Pension and Welfare Photos
House Speaker Michael Madigan, center, along with his R...
(May 29, 2012)
Madigan presents pension reform
House Speaker Michael Madigan, center, along with his R...
(May 29, 2012)
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Mayor Rahm Emanuel testifies on pension reform before t...
(May 8, 2012)
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 » All 29 Pension and Welfare photos