Following Boeing's anti-union lead, Republicans are now calling for the end of the pensions for state employees, arguing that if pensions for employees of a company that is flush can be dispensed with, how can the pensions of those who work for a budget-constrained state be justified?
Maybe the Unilever suit will end in failure but if it is successful, it could spell the end of active pension-fund management.
But on March 5th Britain's Conservative government unveiled proposals intended to lead, eventually, to the end of state-pension provision for most people.
3The NSSF in Lebanon provides employees with health insurance coverage, end of service pension, family allowances, and insurance for work-related accidents.
The issue affects millions of Americans who have switched employers one or more times during their careers and therefore will end up holding the short end of the pension stick.
ECONOMIC malaise and political sloganeering have contributed to the increasingly loud conversation about the coming crisis of old-age care: the depletion of the Social Security trust fund, the ever rising cost of Medicare, the end of defined-benefit pensions, the stagnation of 401 k)'s.
The negative consequences resulting from the end of private-sector pensions would be far worse in the public sector.
This squeeze was brought about in part by the end of fixed corporate pensions and the rise of 401(k) plans which Black calls a "grand experiment" turned "disaster".
At the end of 2010 Dutch pension funds held assets amounting to 134% of the nation's GDP.
The end of final-salary pension schemes across most of the private sector makes retirement income a stock market-linked lottery.
Just two weeks ago, the consulting firm Towers Perrin reported that at the end of 2006, the pension funds of the Fortune 100 companies were actually overfinanced.
