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pension

Archbishop, Evangelical Leader and Head of Catholic Charities Call for Puerto Rico Pension (tags)

San Juan, Puerto Rico - Archbishop Roberto González, the Secretary General of the Puerto Rico Bible Society Reverend Heriberto Martínez and the island's Catholic Charities head, Reverend Enrique Camacho released a statement calling for support of pension agreements and debt and disaster relief for the island on Friday.

Rethinking Economic Policy! (tags)

The economic crisis calls for social-democratic answers. The fading mass purchasing power (in Germany) is due to the increasing inequality of income and wealth. Deregulation promotes social problems like precariousness and greater income inequality.

VIDEO: "The People's Pension: The Struggle to Defend Social Security Since Reagan" (tags)

Eisenhower and Nixon refused to touch the third-rail of social security benefits. Bush crashed and burned in his 2005 attempt to privatize social security.

What's Wrong with San Diego's City Finances? (tags)

The predominantly Queer San Diego Democrats for Equality heard a presentation July 26 from "Paradise Plundered" author Vladimir Kogan. The book, co-written with professors Steven P. Erie and Scott A. MacKenzie, argues that San Diegans have long wanted their city government to do far more in services than they're willing to pay for in taxes -- and recently they and the politicians seeking to lead the city, most notably Right-wing Queer Mayoral front-runner Carl DeMaio, have been scapegoating city workers and their unions for the city's pension crisis and other financial shortfalls.

Queer Democrats Unanimously Oppose Pension "Reform" (tags)

The hottest issue on the June 5 ballot in San Diego is Proposition B, the public pension "reform" initiative sponsored by openly Queer Right-wing City Councilmember and Mayoral candidate Carl DeMaio. It would freeze all city workers' pay for five years and abolish the city's pension system for new hires, replacing it with a 401(k)-style plan. The product of a decade-long propaganda campaign by the radical Right politicians and media, it's expected to pass easily — but the predominantly Queer San Diego Democrats for Equality, after hearing a debate on it, unanimously voted to oppose it at their April 26 meeting.

All Three Holding Hands, Skipping and Dancing (tags)

Politics is such an easy thing to get caught up in. This is especially true when there are issues of such critical importance as we face currently especially with regards to the economy and our military. Right now American politics seem so polarized and in many ways it can be, yet on the larger issues it hasn't been that way at all. The talk has been there, but when actual moves were made regarding the larger issues, the only two parties we have weren't so different at all.

San Diego Mayoral Candidates Address Queer Community (tags)

When this year's major candidates for Mayor of San Diego — City Councilmember Carl DeMaio, County District Attorney Bonnie Dumanis, Assemblymember Nathan Fletcher and Congressmember Bob Filner — addressed the Queer community March 28, the irony that gripped the room was that the two openly Queer candidates, DeMaio and Dumanis, were running to the right of the non-Queer Fletcher and Filner. DeMaio, who in other contexts has said he wants to be "the Scott Walker of San Diego," dominated the event with his anti-labor pension "reform" proposal and his refusal to acknowledge the leadership of San Diego's Queer community even though he is Queer himself.

Queer Democrats Endorse Occupy San Diego (tags)

The predominantly Queer San Diego Democrats for Equality (formerly the San Diego Democratic Club) held their first regular meeting since the name change October 27 and overwhelmingly endorsed Occupy San Diego. The strongly worded resolution, based on one passed by the San Diego County Democratic Party, not only supported Occupy's right to protest and camp out in the Civic Center Plaza downtown but also ringingly endorsed the group's challenge to corporate power. The club also endorsed progressive Congressmember Bob Filner for Mayor of San Diego in the 2012 election.

“Paradise Plundered” Takes Aim at San Diego’s Political Culture (tags)

Once upon a time, San Diego had a reputation for being an efficiently governed city whose taxes were low -- and so was its level of services, especially to working-class and lower-income people. Today the level of services is even lower and the city is so wretchedly governed the New York Times called it "Enron by the Sea." What happened is explained in the new book "Paradise Plundered," whose co-author, Vladimir Kogan, came to the Hillcrest Town Council October 11 and talked about the city's infamous pension crisis.

Labor Representatives Under Attack, Seek Queer Democrats’ Help (tags)

Three San Diego union leaders — Central Labor Council CEO/secretary-treasurer Lorena Gonzalez, Municipal Employees’ Association general manager Michael Zucchet, and SEIU Local 221 head Eric Banks — spoke to the predominantly Queer San Diego Democratic Club April 28 on the state of the local labor movement. They focused on the attacks on public workers by the Republican party and the radical Right, which is aimed not only at driving public-sector wages and benefits below those offered by the private sector but also denying the one source of substantial campaign funding available to Democrats and thereby winning elections by eliminating effective competition. They also talked about the Right-wing bias of San Diego’s media and their success in demonizing public workers’ pensions as the source of San Diego’s financial ills.

Right-Wing Queer Councilmember DeMaio Dominates San Diego Economic Debate (tags)

Openly Queer Right-wing San Diego City Councilmember Carl DeMaio dominated a forum on the city’s budget woes sponsored by the Hillcrest Town Council February 5. Three other panelists spoke ¬— former San Diego City Attorney Mike Aguirre, who stunned his supporters in the progressive community by joining DeMaio in campaigning against a proposed city sales tax increase last fall; former City Councilmember Michael Zucchet, a lobbyist for the city workers’ main union; and economics professor Alan Gin — but DeMaio and his proposed “Roadmap for Recovery,” a plan to balance the city’s budget by privatizing city jobs, slashing pensions and reducing supposedly “nonessential” city services, was the basis for the discussion and provided the context to which the other three panelists responded.

Hard Times in Illinois (tags)

worse coming nationwide

BTL:U.S. Labor Could Draw Lessons from French Union Militancy and Solidarity (tags)

BETWEEN THE LINES - A four-time winner of the Connecticut Associated Press Broadcast Award for Best Feature in the non-commercial category, this syndicated, half-hour program provides a platform for individuals and spokespersons from progressive organizations generally ignored or marginalized by the mainstream media. Between the Lines covers a wide range of political, economic and social topics.

Aguirre, Frye Debate San Diego's Prop. D at Queer Democratic Club (tags)

The campaign over Proposition D — an attempt to raise the sales tax in San Diego one-half cent to avoid draconian cuts in police, fire and other city services — has made strange bedfellows. Former city attorney Mike Aguirre, an otherwise progressive Democrat, has made common cause with Right-wing talk radio hosts and anti-tax zealots in opposing the measure. He and progressive City Councilmember Donna Frye debated Prop. D at the September 23 meeting of the predominantly Queer San Diego Democratic Club — which overwhelmingly voted to endorse the measure.

UC Regent Richard Blum Personally Profiting Off UC Pension Money-Exposed In New Report (tags)

Peter Byrne in a presentation reports on the systemic criminal conflicts of interest of UC Regent Richard Blum in manipulating the UC Pension fund to benefit himself personally

Two Openly Gay Councilmembers Debate Sales-Tax Increase (tags)

Rival City Councilmembers Todd Gloria and Carl DeMaio — the first two openly Gay men elected to the San Diego City Council — spoke at the Hillcrest Town Council September 14 and debated Proposition D on the November 2 ballot. This would allow the city to raise its sales tax one-half cent for five years to plug the $72 billion hole in its current budget — but only after the city implements 10 “reforms” reducing its pension obligations to workers and making it easier to privatize city jobs. But even in Gloria’s relatively liberal district, the polite but hostile response from the audience made it clear the measure will be a tough sell to city voters.

UGSOA Special Guest Speaker Caleb Gray-Burriss Charged with 4 Counts of Mail Fraud (tags)

Caleb Gray-Burriss who was indicted on June 30, 2010 was a Special Guest Speaker at the Constitutional Convention for the United Government Security Officers of America International Union UGSOA as reported by media reports and Eye on UGSOA

If Elected Attorney General, Steven Cooley could draw $400,000 a year (tags)

Los Angeles District Attorney Steve Cooley stands to collect more than $400,000 in combined salary and retirement benefits if elected attorney general next year, making him “the poster boy for abuse of the pension system,” an opponent charged yesterday.

Pension fund probe into possible bribery of former LA deputy mayor (tags)

Pension fund probe into possible bribery of former Los Angeles deputy mayor REPOST The California Public Employees’ System (CalPERS) is investigating allegations that over $50 million in fees were paid to agents who directed the pension fund’s investments. A former deputy mayor of Los Angeles who also served on the board of CalPERS has been implicated in the scandal.

CLAIMS DELAYED, JUSTICE DENIED (tags)

About 18,000 veterans are projected to be filing pension claims under the Filipino Veterans Equity Compensation Fund, but a website shows nearly double that number -- or 32,795 applications -- have been received by the Manila Regional Office of the US Department of Veterans Affairs as of October 1, 2009. This could indicate, according to analysts, that there may be spurious or incomplete claims being filed, or that some veterans may be submitting duplicate claims. And these could be slowing down the application process.

FIGHT RACISM ,FIGHT FOR JUSTICE AND EQUITY (tags)

The Justice for Filipino American Veterans (JFAV) expresses its opposition to the lump sum provision included in the Stimulus Bill or the American Recovery and Reinvestment Act, Section 1001. Title X. In the Stimulus bill that passed, the lump sum bill still has a “quit claim” or a foreclosure to any claim for a lifetime full pension benefit. While the $15, 000 for US citizens or $9,000 for non US citizens may provide temporary relief, THERE IS NO PROVISION FOR RECOGNITION!

LUMP SUM IS NOT EQUITY! (tags)

The approved lump sum included in the American Recovery and Reinvestment Act of 2009-- $15,000 for the US citizens and $9,000 for non-US citizens may provide temporary monetary relief for many. However, this is not a cause for celebration let alone thanksgiving. This is yet another piecemeal legislation that fails to address the grave injustices committed against the Filipinos when on February 18, 1946, the US Congress enacted the Rescission Act that deemed the US military services of the Filipinos inactive, thereby, denying them of their rights and privileges as American veterans. Of the at least 60 nationalities that served the US during World War 2, the Filipinos were singled out to receive unequal treatment as their American counterparts who fought side by side with them during the war.

JFAV BLASTS GOP ON VETERANS BENEFITS BILL (tags)

The Justice for Filipino American Veterans (JFAV) criticized the republicans in the US Congress for their unreasonable opposition to the $198-million Filipino veterans pension provision that found its way into President Barack Obama’s pet – the Economic Stimulus Bill. The veterans benefits is widely criticized by Republican members of Congress as having no place in the controversial and complex piece of legislation. They said the lump sum pension bill meant for about 18,000 Filipino veterans who fought side by side U.S. forces against the Japanese during World War II would “clutter” a bill that is already riddled with questionable and “wasteful earmarks.” “The Republicans like Senator Burr and Rep. Buyer readily forget they owe Filipino veterans a debt of gratitude for winning the war in the Pacific. They only want to bail-out the corporations not the people. Republicans and conservative” blue dog” democrats are outright ingrates!”, JFAV National Coordinator Arturo Garcia exclaimed.

Orange County Sheriffs hit the streets in protest (tags)

The lawsuit has drawn the attention of law enforcement unions across the country because a ruling in favor of the county could unravel pension benefits granted to law enforcement officers nationwide.

SAN FRANCISCO VETS PETITIONS PELOSI ON STIMULUS BILL (tags)

A groups of San Francisco Filipino World War II veterans sent a petition to Speaker Nancy Pelosi at the San Francisco State Building to expresses grave concern on the fate of the Stimulus Bill on which the Filipino veterans benefits bill that now hangs by a thread. While the Stimulus bill passed the Senate last Tuesday, Feb 10, it will still go to a bicameral conference. The San Francisco Filipino veterans and their advocates sent the petition to the Speaker office last February 10, to make sure that it will not suffer the fate of S. 1315.

NO TO LUMP SUM WITHOUT FULL RECOGNITION,JUSTICE AND EQUITY, NOW! (tags)

The Justice for Filipino American Veterans (JFAV) expresses grave concern on the fate of the Stimulus Bill on which the Filipino veterans benefits bill is now hangs by a thread. While the US Senate passed the Stimulus bill, it will still go on a bicameral conference to settle its differences and the veterans befits bill is in danger of being dropped again. Senator Inouye inserted the benefits bill and promised to resign as Senate Appropriations chair if the Filipino veterans bill does not pass. On February 18, 2009 is the 63rd anniversary of the Rescission Act that took away the rights of the Filipinos to get equal benefits. The Congress did this to the Filipinos out of around 60 nationalities who served the US Armed Forces.

NO TO LUMP SUM WITHOUT RECOGNITION (tags)

Los Angeles – The Justice for Filipino American Veterans (JFAV) expresses grave concern on the fate of the Stimulus Bill on which the Filipino veterans benefits bill is now hangs by a thread. This February 18, 2009 is the 63rd anniversary of the Rescission Act that took away the rights of the Filipinos to get equal benefits. The Congress did this to the Filipinos out of around 60 nationalities who served the US Armed Forces. If this is not outright racism, what is this?

NO LUMP SUM WITHOUT RECOGNITION (tags)

We stand to educate and politicize the community on the issue as opposed to the advice of the Philippine government’s representative for veterans to “keep quiet for the next four months.” We empower the Filipino and the American communities if they know the historical injustice, facts and options as only an educated people can bring about real change to the how the US government regard the veterans. Veterans and advocates for genuine equity are on a crossroad now. Is it lump sum first or full recognition and lifetime pension benefit right away? This paper attempts to provoke discussion among veterans, widows, families, advocates and the public in general.

The Structural Crisis of the Financial System (tags)

"Introduction of taxation on speculative financial transactions must go along with a genuine nationalization that involves a change of the actual banking system into a public system and fixes the role of money as a neutral means of exchange for services."

The End of Retirement? (tags)

Unless things change fast, human history will show that the phenomenon of “retirement” was limited to one generation. After World War II, when European and Japanese economies stood in tatters, American capitalism could fulfill “the American dream,” since there was little foreign competition to speak of. For the first time ever, workers were promised that — after working thirty or so years — they would be able to securely retire. That was largely the case…for one generation.

World War II veterans (tags)

When Japan surrendered on Aug. 14, 1945, we who had fought as regular army or as guerrillas suddenly became veterans. The terrible war was finally over and everybody looked to picking up the pieces in a regime of peace. From what I read in the papers, the pension is not much. But the feeling among most veterans seems to be that whatever the pension may finally be, it will be better than nothing. The Americans have pummeled the Filipino veterans into submission. He now goes around with a begging bowl in hand. This is the greatest insult and the most pitiful tragedy.

“¡Aguirre Si, Labor No!” (tags)

Zenger's Newsmagazine announces its endorsement of progressive Democrat Mike Aguirre for re-election as San Diego city attorney, despite the opposition of reactionary city employee unions more concerned with preserving the pensions of current city workers than protecting the salaries and benefits of future ones.

San Diego Queer Democrats Reject Progressive City Attorney (tags)

The predominantly Queer San Diego Democratic Club supported the city's corrupt political establishment and its handmaidens in organized labor and refused to support progressive Democrat Mike Aguirre for re-election as city attorney. Instead they endorsed moderate Democrat City Councilemmber Scott Peters even though Peters voted to renew the Boy Scouts of America's sweetheart lease on city land in 2001 and refused to commit to backing Aguirre in a general election against a Republican.

San Diego's Controversial City Attorney 'Speaks (tags)

To his supporters, San Diego city attorney Mike Aguirre is an activist and truth-teller who'sone of the few local elected officials dealing seriously with the city's budget crises. To his opponents, ranging from the Right-wing San Diego Union-Tribune to the city employee unions, he's a loud-mouthed obstructionist who's dividing the city and costing it money. The controversy was on display January 24, when Aguirre and two of his election oppoennts debated at the predominantly Queer San Diego Democratic Club.

The Filipino Veterans Equity Act (tags)

The Filipino Veterans Equity Act of 2007 has gone through its shares of ups and downs this year. If passed, an estimated 7,000 Filipino American veterans living in the US and 12,000 Filipino veterans in the Philippines, who both fought during WWII, would restore US Veterans status and be eligible for Veterans Affairs (VA) disability pension benefits.

Equity bill moved to ’08, vets dismayed (tags)

So near, yet so far.With two Republican senators continuing to block the bill getting a floor vote, Sen. Daniel K. Akaka (D-HI), chairman of the committee on veterans affairs, has decided to hold action on the bill with the equity pension provision until February or March next year, Filipino World War II veterans leaders have learned.

Historic Debate on Filvets Bill Up Before Full Senate (tags)

When US Senate session resumes after Dec. 3, it will deliberate for the first time, the Filipino Veterans Equity Bill sponsored by Hawaii Sen. Daniel K. Akaka (Dem.). He is Chairman of the Senate Veterans Committee. Originally Senate Bill 57, the “Veterans Benefits Enhancement Act of 2007” will provide for the first time starting May 1, 2008 a flat rate of $3,600 annually disability pension for single Filipino veterans living in the Philippines; $4,500 annually for married veterans; and $2,400 annually for surviving spouses.To be eligible, a veteran “must have income below a certain threshold, have served during a period of war, and have a permanent and total non-service-connected disability.”

Fil-Am Vets aim for equity at march (tags)

On an overcast Sunday morning with the scent of pan de sal wafting through the air, marchers took to the streets and neighborhoods. Armed with flags and banners, the procession filled the air with chants like, “Don’t say no-no to my lolo!” and “We want justice, we want it now!”

Retirement under capitalism (tags)

Sometimes small statistics can have huge implications. The U.S. Bureau of Labor statistics recently reported that the age at which U.S. workers retire has risen for the first time in 100 years. According to the report, in the mid-1980s, 18 percent of people in their late 60s still had jobs; today, it is 29 percent. Millions of U.S. workers can no longer look forward to the “Golden Years” of guaranteed Social Security, Medicare health insurance and employer pensions. One in four baby boomers surveyed said they would likely never be able to retire – in other words, they will “work until they drop”. For those that do want to retire, the age at which they can do so is also being systematically raised. Workers born in 1960 or later must wait until age 67, rather than 65, to get their full Social Security benefits. There is talk of raising it further to 70. The mainstream media took scant notice of this, and for good reason; it’s a huge indicator of deeper processes that are destroying the standard of living of workers in the United States and internationally. A quick look into why workers are delaying retirement – if they have the “luxury” of retiring at all – points a condemning finger at the current state of international capitalism, while at the same time warning younger workers of the even worse conditions they’ll certainly face under the auspices of the capitalist system.

UGSOA Guest Speaker faces theft probe (tags)

The founder of a District-based labor union for special police officers and security guards is facing a criminal investigation into whether he misspent pension dues.

No more pork for crooked politicians? Well not really! (tags)

By a 431-0 vote, the Democrat-controlled U.S. House of Representatives has approved a measure that would strip lawmakers of their congressional pensions for criminal convictions such as bribery, lying under oath and fraud. That may sound tough and impressive, but it's more show than substance, as usual.

The government pays these criminals rather well (tags)

At least 20 former lawmakers convicted of crimes are eligible for taxpayer-funded pensions, some as high as $125,000 a year

Jobs program for cops on welfare making less then $200K (tags)

Phoenix Police Chief Jack Harris is grossly underpaid and can't make it unless he is paid over $200K. To get around a state law that makes it illegal to retire from your current job, collection a pension, and then be rehired back to your current job the Phoenix rulers have come up with this set of smoke and mirrors that allows Phoenix Police Chief Jack Harris to be paid $206,000 a year. I would cry myself to sleep every night if I had to make it on a penny less then $200K a year!

Demographic Development: Reality and Media Distortion (tags)

Reducing uhemployment and intensive education for children and youth are prerequisites for mastering the future. Instead the economy and politics constantly refer to demography.. Catastrophic reports sell better than the truth.

$95,000 IN NASPSO PENSION FUND MISSING. (tags)

CALEB A. GRAY-BURRISS REMOVED AS TRUSTEE OF NASPSO PENSION PLAN BY THE U.S. DEPARTMENT OF LABOR

Building Bridges Radio: Bush Signs Pension BiTolling the Retirement Bell in Americall (tags)

Building Bridges: Your Community and Labor Report presents this 27 minute radio program. TO LISTEN CLICK ON WEB LINK

Brazilian government's decree allows increasing of foreign participation in the papers of (tags)

The Bank of Brazil will be a little less of Brazil, in the Stock exchange of São Paulo, thanks to plus an controversial decision of the petist government, totaly converted to the dogmas of international economic neolibertinism - same pathology that acomete the Toucans.

Brazil: "Petists" and "Toucans" have an agreement with bankers to prom (tags)

The "reform" of the Social Security, mixing interests of pension funds and of the financial system, will be implemented in the next government - no matter who will occupie the chair of the president of the republic at "Palácio do Planalto"

Pension cuts and inequality wiping out retirement for American workers (tags)

For a growing number of US workers, dreams of a decent retirement are quickly evaporating as companies shift retirement costs onto workers, in the form of deductions from already declining wages, in order to maintain profits in a competitive global economy. In the wake of the post-World War II business boom, US workers were granted certain limited concessions in a three-legged system of retirement security that included individual savings, government programs and private employer pensions. Between the 1940s and the 1980s, private pensions with a guaranteed payout (also known as defined-benefit pensions), became a standard component of compensation for a large section of the American workforce.

You be the judge: Is Renco robbing steelworker pensions? (tags)

The Renco Group, Inc., is threatening legal action against Workers World newspaper. Its owner is Ira C. Rennert, a billion aire speculator who deals in selling and buying companies, many in bankruptcy. Rennert is one of a growing breed of predators feeding off distressed companies.

A Shock and Awe Attack on American Workers (tags)

Congress has put workers the end of the list of those whose interests get protected in corporate bankruptcies. That is not just a crime, it’s a major battle in the corporate assault on working people.

THE DEATH OF PENSIONS? by Mumia Abu-Jamal (tags)

Everybody wins -- except the workers.

Pensions hijacked: Bankruptcy scam rips off 119,000 United workers (tags)

CHICAGO — “You might see me coming down the aisle 20 years from now with my walker,” said flight attendant Melissa Madden. Faced with the slashing of their pensions to the tune of $6.6 billion, she and other United Airlines flight attendants here warn that if United gets away with using bankruptcy to dump its pension obligations, the nation’s entire defined-benefit pension system — and the futures of the 44 million workers it covers — could come tumbling down. Retirement for American workers could become a thing of the past.

Terminator’s pension scam takes hit (tags)

SAN FRANCISCO — In a surprise announcement April 7, California Gov. Arnold Schwarzenegger said he is delaying until June 2006 a controversial ballot initiative to change state workers’ pensions from public, guaranteed-benefit programs to privatized 401(k)-like pensions.

blackout in Alabama and Canned Cheers for Bush's Social Security Scheme (tags)

A slick suburban magazine in Montgomery, Alabama, touts the President’s Social Security wrecking scheme, but it seems to be only talking to white folks.

Forget Compromising on Social Security; First Let's End Employer Theft of Worker Pensions (tags)

Compromise approaches to “saving” Social Security that involve voluntary private accounts on top of the current program are not going to help low-income workers. If Congress and the President really wanted to help protect low-income retirees, they’d end the legal theft of pension “vesting” so workers got pension contributions for every working day of their lives.

Starving Amid Plenty (tags)

With society awash in cash workers are expected to take cuts and be thankful

Big Business Hurts Itself and Workers by Opposing Socialized Medicine (tags)

Ideological blindness makes U.S. corporate interests oppose socialized medicine, even though by having to pay health benefits themselves makes them wildly uncompetitive with similar companies in Europe or Canada.

GOP slammed for ‘police state tactics’ (tags)

WASHINGTON – An angry melee July 17 in which Ways and Means Chair Bill Thomas (R-Calif.) called out the Capitol police to evict Democratic House members from a congressional meeting room is part of a ruthless Republican “power grab,” warn lawmakers, labor, and other grassroots advocates.

TIAA-CREF sells off all of its World Bank Bonds (tags)

The largest US pension company has sold off all of its World Bank Bonds because, they say, their returns aren't very attractive. Source of the story: www.globalethicsmonitor.com, a service of Agence France Presse.

AFL-CIO to Wall Street: No more business as usual (tags)

Call for Bush-Cheney probe George W. Bush and Vice President Richard Cheney faced sharp new questions about their role in Enron-style corporate fraud as the stock market continued to plummet and WorldCom went belly-up July 22, the largest corporate bankruptcy in history.

Gov Davis says state won't divest Israeli holdings (tags)

Gov. Davis apparently feels that California should continue to support the apartheid policies of Israel. Apparently Davis is unaware of the racist similarities between Israel and the apartheid poliices of South Africa.

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