Private Pension Issues
Archives: 1996 - 2000
Worry as Insurers Cut Medicare Plans in Connecticut (December 26, 2000)
This article, published in The New York Times, shows that many
health organizations want to get out of the Medicare Market because they
think federal reimbursement is not profitable. The other companies, which
stay into the Medicare HMO, are raising their rates. As a matter of fact,
thousands of persons are forced to change health insurance or return to
traditional Medicare, which does not cover costly prescriptions.
Agrees to Pay State $1.2 Million in Bribe Case (December 1, 2000)
This article from The New York Times is about a firm, which
agreed for the first time to pay a cash settlement after having allegedly
mismanaged pension fund investments. This settlement, worth $ 1.2 billion,
might be the first one of a long row.
the Facts on Elder Care (November 30, 2000)
article, extracted from Business Week, shows that many people do
not consider looking after a frail relative when they are planning their
retirement. But it's crucial to consider the possibility of caring for
incapacitated elderly person. The article tries to give some advice on the
lobby attacks changes (November 30, 2000)
This article taken from The Guardian deals with the forthcoming
introduction of new accounting rules for company pensions, more
particularly concerning the disclosure of their pension schemes. Though
these new rules won’t be implemented before 2003, it will urge companies
to phase in remarks in their annual report as soon as June.
freedom: run your own pension (October,29 2000)
A new dawn for pension plans has started with the arrival of online plans,
such as SIPP (Self-Invested Personal Pensions). Though mainly affordable
by the upper-class, the new SIPP online strives to appeal to a wider
public. The question is: will that be successful? The Guardian
partisans fight fight for retirement security (September 20, 2000)
Christine Dugas in this article taken from USA Today reports the
numerous examples of actions led by pension partisans struggling for a
greater retirement security. She also assesses America’s situation
regarding elderly persons and gives information about different movements
revolt catches fire. Longtime employees say they want their "just
due" (September 2000)
This article from the AARP Bulletin conveys how activists from some
of the nation's largest companies successfully rally nationwide employees
and retirees to fight against pension cuts.
Your Pension Leaking? (July-August, 1999)
This article in the AARP Bulletin shows how cash-balance pensions
can reduce veteran employees' retirement benefits.
Fund Agency Is Being Scrutinized
This article from The New York Times discusses major problems with
the pension fund agency
are More Likely Than Men to Face Poverty in Retirement (July 16, 1998)
This editorial taken from The Boston Sunday Globe by a fellow at
the Radcliffe Public Policy Institute argues that women are at greater
risk of poverty after retirement.
the Stock Market Lottos (January 14, 1997)
Op-Ed piece by an editor of Fortune magazine argues that playing
the stock market is a dangerous way to plan for retirement, since
high-risk investing can lead to serious disappointment or worse.
and Pensions (August 18, 1996)
The following editorial taken from The Boston Sunday Globe
argues that women are at greater risk of poverty at older age.
Been Eating My Nestegg? (November 26, 1996)
This article from The New York Times shows how companies
steal their workers' benefit funds, particularly pensions and 401(k)