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Donald G. McNeil Jr. (NYT) GERMANY: SLAVE WORKERS' FUND -- The Association of German Insurance Business, which represents 463 companies, will contribute $250,000 to a fund to compensate former Nazi slave laborers.
The Supreme Court of Brazil postponed until next Thursday a widely awaited decision that could force the government to pay up to $30 billion in back benefits to contributors to the national workers' fund.
The Labor Department filed a civil lawsuit against him in 1977 to recover $24.9 million lent by the culinary workers' fund for two real estate developments run by Mr. Shenker and Mr. Kahn.
As of last September, the Pennsylvania State Employees Retirement Systemm, a $24.3 billion fund that is distinct from the school workers' fund, had 23 percent of its pension investments in hedge funds, another 23 percent in private equity and venture capital, and an additional 8.4 percent in real estate — bringing its total in alternative investments to more than 54 percent.
Executives at Siemens are contributing to the workers' fund by forgoing a (controversial) 30% salary increase.Having fallen by 23% since early August to a seven-month low of less than $60 a barrel, oil prices rose on news that ministers from the Organisation of Petroleum Exporting Countries were discussing whether to cut oil production by 1m barrels per day.
The matter was brought into something of a sharper focus after PFZW (Pensioenfonds Zorg en Welzijn), the €156.3 billion (c.$181bn) Dutch healthcare workers' fund and Europe's second biggest pension fund, announced on 9 January 2015 that it was to stop all further investments in hedge funds.
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Seven years later, workers funded by the U.N.'s Transitional Justice Program have scanned and organized fourteen million pages.
Free land, cheap electricity, subsidies towards the wages of higher-paid workers, funds for training and long tax holidays are now essential weapons in municipal armouries.
They included forcing all large companies to hand over 10percentnt of their ownership to workers' funds in a raid that would cost existing shareholders hundreds of billions of pounds.
Most FAA employees have not been furloughed, since some workers' funding is secure regardless of the reauthorization bill.
Health workers funded by external donors must be paid at the same salary scale as the public sector.
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