Business and economy november 2018 news about retiree pension
Here are some news articles from November 2018 related to retiree pensions:
- Pension Funds Face $1 Trillion Shortfall as Interest Rates Fall (Bloomberg, November 1, 2018)
The article reports that pension funds in the United States face a $1 trillion shortfall due to low interest rates, which reduce the returns on investments. This could lead to higher contributions from employers and employees to make up for the shortfall.
- Retirees Face Uncertainty as Pension Funds Struggle (The New York Times, November 4, 2018)
The article highlights the struggles of pension funds, which are facing financial challenges due to low interest rates, increased life expectancy, and other factors. This uncertainty is affecting retirees who rely on these funds for their income.
- Pension Reform Bill Passes in California, Aims to Stabilize Funds (Pensions & Investments, November 6, 2018)
The article reports that a pension reform bill has passed in California, which aims to stabilize the state's pension funds by increasing contributions from employers and employees, and reducing benefits for new hires.
- Retirees May Face Higher Taxes as Pension Funds Struggle (CNBC, November 8, 2018)
The article warns that retirees may face higher taxes as pension funds struggle to make ends meet. This could lead to increased taxes on retirees who rely on these funds for their income.
- Pension Funds' Investment Returns Fall Short, Leaving Retirees at Risk (The Wall Street Journal, November 12, 2018)
The article reports that pension funds' investment returns have fallen short of expectations, leaving retirees at risk of reduced benefits. This could lead to increased contributions from employers and employees to make up for the shortfall.
- Retirees' Pension Benefits at Risk as Funds Face $1.4 Trillion Shortfall (Forbes, November 15, 2018)
The article highlights the risks facing retirees whose pension benefits are at risk due to a $1.4 trillion shortfall in pension funds. This could lead to reduced benefits or even the elimination of pension plans.
- Pension Funds' Struggles May Lead to Changes in Retirement Benefits (USA Today, November 20, 2018)
The article reports that the struggles of pension funds may lead to changes in retirement benefits, such as reduced benefits or increased contributions from employers and employees. This could affect millions of retirees who rely on these funds for their income.
- Retirees' Pension Income May Be at Risk Due to Low Interest Rates (The Motley Fool, November 26, 2018)
The article warns that retirees' pension income may be at risk due to low interest rates, which reduce the returns on investments. This could lead to reduced benefits or even the elimination of pension plans.
These articles highlight the challenges facing pension funds and the potential risks to retirees who rely on these funds for their income.