Finance and Pensions & Investments Blog » pension http://www.pensions-r-us.org We are Blogging Finance, Pensions, Personal Pensions, Economy, Investments and Money... Wed, 29 Jul 2009 17:54:14 +0000 http://wordpress.org/?v=2.8.3 en hourly 1 GE Retirees’ Justice Fund http://www.pensions-r-us.org/member_groups/ge_retirees.htm http://www.pensions-r-us.org/member_groups/ge_retirees.htm#comments Fri, 19 Dec 2008 22:08:28 +0000 http://www.pensions-r-us.org/?p=14 Co-Chair Kevin D. Mahar. Retired from GE after 33 years service. Former President of IUE Local 201 and elected for 21 years as a full-time representative of Local 201 members. Kevin holds the distinction of being the longest serving elected president of Local 201. He is President Emeritus of the AFL-CIO North Shore Labor Council and past Vice-President of AFL-CIO Massachusetts State Labor Council.

Kevin is an activist who continues to work for his community, serving on many board of directors such as the YMCA.

MISSION: 1. Persuade GE to share our huge pension fund and its $15.8 billion dollar surplus. 2. Provide a lump sum make-up for the lack of past cost-of-living increases. 3. Provide annual, automatic COLAs to assure retirees maintain their purchasing power. 4. Designate a retiree/union representative on the GE pension trust fund to assure adequate retiree representation. 5. Remain vigilant to defeat corporate sponsored legislation that would diminish or delete our pension funds or health insurance, and to advocate for legislation for the availability, protection and improvement of pensions.

CURRENT ISSUES: Our retirees will continue demonstrations for an annual COLA which GE has not contributed to our pension fund since 1987. That year our fund value was $17.2 billion; in 1997, it was worth $38.7 billion; and as of the beginning of 1999, the GE fund had soared to $43.447 billion. THE CURRENT SURPLUS ESTIMATES ARE ALMOST $16 BILLION AND GROWING! Without any cost to its Treasury, all GE retirees’ pensions could be elevated on an ongoing basis to ensure their purchasing power.

I discovered that raising money for GE’s Justice Fund does not pose any legal quandaries but it can be hard to find the qualified traffic, using a local Toronto SEO is the best way.

DONATIONS: Donations of $12, or more if you can afford it, are being sought.

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]]> http://www.pensions-r-us.org/member_groups/ge_retirees.htm/feed 0 The best financial advice for Retireds http://www.pensions-r-us.org/economy/the-best-financial-advice-for-retireds.htm http://www.pensions-r-us.org/economy/the-best-financial-advice-for-retireds.htm#comments Thu, 17 Jul 2008 23:59:32 +0000 http://www.pensions-r-us.org/?p=33 I was reading this article from CNN Money entitled “The smartest advice I received (in English)” and I started thinking how to do a Hispanic version of these tips. Among the best tips that are on the list of over 40 are the following:

* “Do not follow the flock” tries to use your own discretion and informed enough to make decisions concise. The fact that for many does not mean that it will pay off for you.
* Do what you like “Do not work for money, working with what you like. This will help you feel better as human beings. There is no better job than your hobby full time.
* “No one becomes rich with his salary” All people who accumulate wealth do not expect that the next fortnight to recover, they think of accumulating wealth and for that there is only one way: Savings.
* “It is moderate, but not stingy” No boats your money, but he learns to find balance andalusia educarte. For example, do not buy a car last year for which the value of a car is reduced by 80% the first year and most often changes from year to year are minimal.

What advice would you give to our loved ones about finance to help them have a better future?

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