Jan 10 French Prime Minister Borne unveils plan to raise retirement age from 62 to 64 by 2030 By Sylvie Corbet, Associated Press French Prime Minister Elisabeth Borne has unveiled a contentious pension overhaul aimed at raising the retirement age from 62 to 64 by 2030 that has prompted vigorous criticism and calls for protests from leftist opponents and worker unions. Continue reading
Dec 08 WATCH: Biden announces release of nearly $36 billion to aid pensions of union workers By David A. Lieb, Seung Min Kim, Associated Press The federal aid is intended to stop severe cuts to the retirement incomes of more than 350,000 Teamsters workers and retirees. The Biden administration says it's the largest-ever federal payment to a union pension fund. Continue reading
Jul 06 WATCH: Biden spotlights rescued pensions for millions during visit to Ohio By Josh Boak, Aamer Madhani, Associated Press Hurt politically by inflation at a 40-year high and damage wrought by the pandemic, the president chose to deliver his message in a state that has been trending strongly Republican, with Donald Trump easily carrying it twice. Continue reading
Dec 28 Thousands march in Paris to protest pension reform plan By Associated Press The march coincided with the 59th consecutive Saturday of marches by the yellow vest movement that seeks social and economic justice. Continue reading
Dec 06 Watch 4:54 Why French protests over pensions could threaten Macron’s international agenda By Nick Schifrin, Dan Sagalyn Protesters have shut down Paris and much of France in angry response to proposed pension reforms. The changes, which would unify the current system and increase workers’ ability to change sectors, represent the delivery of a campaign promise from President… Continue watching
Jun 02 Illinois pension buyouts may not bring savings budget claims By Sara Burnett, Associated Press Illinois' new state budget relies on more than $400 million in savings from a new pension buyout plan that finance experts caution is highly speculative. Continue reading
Aug 14 Social Security at 80: Is it time for an overhaul? By Stephen Ohlemacher, Associated Press Social Security turns 80 on Friday, and the massive retirement and disability program is showing its age. Continue reading
May 10 Watch 4:03 How will the Illinois pension law rejection affect other states? By PBS News Hour On Friday, the Illinois Supreme Court voted unanimously to strike down a law passed in December 2013 that was meant to rescue the state's pension system. For more on the implications of that decision Karen Pierog of Reuters joins Hari… Continue watching
Dec 11 Multiemployer pensions could face cuts By Tom Murphy and Tom Raum, Associated Press WASHINGTON — Retirees covered by financially troubled multiemployer pensions could soon see their benefits cut under a congressional spending deal to keep the government running. Continue reading
Feb 08 Watch Saturday, February 8, 2014 By PBS News Hour On this edition, a rare alliance brings major drug companies together to fight serious diseases like diabetes and rheumatoid arthritis. Later, in our signature segment, a financially strapped city struggles to fulfill its obligations to retired public employees. And, a… Continue watching