2018-05-17: U.S. Sen. Heidi Heitkamp pushed Congress to reform pension insurance in the third hearing of the 16-person bipartisan, House and Senate Joint Select Committee tasked with solving the crisis facing multiemployer pension plans across the country, including threatening 2,000 North Dakotans and 400,000 pension fund participants nationwide who paid into the Central States Pension Fund. If the Central States Pension Plan and other pension plans are allowed to fail, not only will employers no longer be able to pay promised benefits, but taxpayers would be at risk of having to pay billions when the PBGC becomes insolvent. Currently, the PBGC’s multiemployer insurance program has a deficit of $65 billion and could fail in just a few years without Congressional action.
Views: 494 U.S. Senator Heidi Heitkamp
Josh Sigurdson talks with author and economic analyst John Sneisen about the coming pension crash as a new story comes out regarding Congress's new committee to bail out 200 pension funds! You know it's bad when congress is so eagerly expecting the failure of the pension system. So-called private plans or the 1400 multi-employer plans in question are in a $553 billion short fall. In the new, big government spending bill, congress snuck in a provision that creates a committee that allows congress to use federal funds to bail out as many as 200 multi-employer pension plans. These are plans where employees and unions jointly provide funds. Of course this is corporatism to the max. Pensions are dependence. Unfortunately so many have been thrown into that dependence unwillingly. Individuals should save for themselves. All people should be looking to save for their futures. Unfortunately, the government and banks force people into giving part of their earnings to some centralized authority that usually employees know nothing about and are supposed to trust them to correctly manage their savings. So instead of saving in what one has done due diligence into, some insolvent bank will make the decisions. And they are insolvent. We recently reported on the cash to deposit ratio at banks and they are completely bankrupt. So to trust them with your money is incredibly risky. Young people are unlikely to ever get a pension which is why it's important young people learn about money and savings themselves and look to whatever they come to believe in. As we approach a massive fiat crash, the likes of which the world has never seen (inevitably), it's time people start taking real precautions and be financially responsible. There's hardly anything more important. Self sustainability is the hallmark of freedom and life itself. Stay tuned as we continue to cover this growing issue. Video edited by Josh Sigurdson Featuring: Josh Sigurdson Graphics by Bryan Foerster and Josh Sigurdson Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook here: https://www.facebook.com/LibertyShallPrevail/ Follow us on Twitter here: https://twitter.com/WorldAltMedia FIND US ON STEEMIT: https://steemit.com/@joshsigurdson BUY JOHN SNEISEN'S LATEST BOOK HERE: Paperback https://www.amazon.com/dp/1988497051/ref=zg_bs_tab_pd_bsnr_2?_encoding=UTF8&psc=1&refRID=ZBK6VTXQRA2F77RYZ602 Kindle https://www.amazon.ca/dp/B073V5R72H/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1500130568&sr=1-1 DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! Pledge here! Just a dollar a month can help us stay on our feet as we face intense YouTube censorship! https://www.patreon.com/user?u=2652072&ty=h&u=2652072 BITCOIN ADDRESS: 18d1WEnYYhBRgZVbeyLr6UfiJhrQygcgNU Buy Tickets for G. Edward Griffin's much anticipated Red Pill Expo 2018 in Spokane, Washington by clicking the link below: https://redpillexpo.org/wam/ref/26/ World Alternative Media 2018 "Find the truth, be the change!"
Views: 8227 World Alternative Media
November 13, 2017 C-SPAN News http://MOXNews.com MOX NEWS NEEDS YOUR HELP TO CONTINUE!! For Paypal Tips Click Here! https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=MHT8PM5BPSVC8 NEW! My Patreon Page: https://www.patreon.com/moxnews My Bitcoin Wallet Is: 18atzCBj9zt7HgMnSYajcpGJwq8BipDcta $5.00 FIVE DOLLARS PER MONTH SUBSCRIPTION https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=BNNGYSFS3XBW4 $10.00 TEN DOLLARS PER MONTH SUBSCRIPTION https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=WDLM8TUJ8459S $20.00 TWENTY DOLLARS PER MONTH SUBSCRIPTION https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=GNMQ7S22BPY5Q $50.00 FIFTY DOLLARS PER MONTH SUBSCRIPTION https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=ZY2M9PUG3U7UA $100.00 ONE HUNDRED DOLLARS PER MONTH SUBSCRIPTION https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=JATR49EVASLLQ
Views: 573 wwwMOXNEWScom
Lawmakers have to raise money to keep their jobs, but a surprising amount of their job now consists of raising money. John Oliver sits down with Congressman Steve Israel to discuss the costs of political spending. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Views: 6949391 LastWeekTonight
Josh Gotbaum, director of the Pension Benefit Guaranty Corporation, presents at the Pension Research Council Special Forum, "What can the U.S. and U.K. Learn from Each Other?," held on May 2, 2012, at the Wharton School of the University of Pennsylvania in Philadelphia.
Views: 114 Wharton Magazine
We need to take the Senators and Congress,men/Women off the PARASITIC Retirement Plan they came up for themselves and put them into the Social Security System along with the rest of us. Then we sit back and watch just how fast they fix the Social Security Fund!
Views: 930 TheONLYOFFICIALWhiz
- Japan’s Government Pension Investment Fund is struggling to have its assets managers engaged with the Environmental and Social issues that are a priority for the fund’s sustainability. http://pensionpolicyinternational.com/the-worlds-biggest-pension-fund-struggles-with-sustainability/ - The US Chamber of Commerce told the Congress about their worries of 1.5 million workers’ pension plans becoming insolvent due to companies’ risk of bankruptcy http://pensionpolicyinternational.com/us-more-than-1-million-workers-retirees-at-risk-of-losing-pensions-businesses-tell-congress/ - During a four-day workshop with Ghanaian authorities, representatives of the World Bank showed their support for a well- developed policy and reforms to their pension system http://pensionpolicyinternational.com/world-bank-supports-ghana-to-reform-pensions-system/ - Canada Pension Plan Investment Board announced their soon-to-be-launched green bond, becoming the first pension fund ever to issue one http://pensionpolicyinternational.com/canada-pension-fund-preps-for-green-bond-issue/ - A multi-party committee approved of Spanish pensions raising with inflation, ending with the austerity policy that ruled in the past governments http://pensionpolicyinternational.com/spains-new-government-agrees-to-raise-pensions-in-line-with-inflation/
Views: 7 Pension Policy International PPI
Subscribe and share the RTD news articles... RTD News keeps you up to date on what's happening around the globe. Thanks for watching this important update, "America's Pension Crisis Is Getting Worse". Information to help you become more monetarily aware. Download a high resolution copy of the Dollarcation (Purchasing Power) visual aid here: https://www.rethinkingthedollar.com/purchasing-power/ Test your Monetary IQ here: http://bit.ly/TestYourMoneyIQ News Articles: 1. Pensions time-bomb for world's biggest economies could explode to $400 trillion, says WEF http://www.cnbc.com/2017/05/26/pensions-time-bomb-for-worlds-biggest-economies-could-explode-to-400-trillion-says-wef.html 2. World heading for a pensions crisis, but no quick fix is in sight http://www.independent.ie/business/personal-finance/pensions/world-heading-for-a-pensions-crisis-but-no-quick-fix-is-in-sight-35768379.html 3. Step One: Recognize The Public Pension Crisis https://www.forbes.com/sites/econostats/2017/05/30/step-one-recognize-the-public-pension-crisis/2/#671272267801 4. The Unavoidable Pension Crisis http://www.zerohedge.com/news/2017-04-06/unavoidable-pension-crisis 5. Six Terrifying Graphs That Summarize America's Public Pension Crisis http://www.zerohedge.com/news/2017-05-24/six-terrifying-graphs-simplistically-summarize-americas-public-pension-crisis 6. How much to address Kentucky's pension crisis? That's the $700 million question http://www.courier-journal.com/story/news/politics/ky-legislature/2017/05/22/kentucky-pension-crisis/337505001/ 7. The bill is due: CPS owes staggering amount on teachers’ pension fund http://wgntv.com/2017/05/24/the-bill-is-due-cps-owes-staggering-amount-on-teachers-pension-fund/ 8. General Electric, UPS & State Pension Problems https://www.rethinkingthedollar.com/general-electric-ups-state-pension-problems/ Get FREE educational reading & interview resources at RTD website: 1. The Simplicity of Money (4 Things You Didn’t Learn In School) - https://www.rethinkingthedollar.com/education/ 2. 5 Reasons To Hold Gold Before The Next Recession – http://bit.ly/5ReasonsEbook 3. RTD University (30+ hours of video interviews from authors, economist & commentators) http://bit.ly/RTD_University Connect with RTD on your favorite Social Media channels: Instagram – https://www.instagram.com/rethinkingthedollar/ Steemit - https://steemit.com/@rtd Twitter - https://twitter.com/RethinkinDollar Facebook - https://www.facebook.com/rethinkingthedollar Telegram - http://bit.ly/RTD_Telegram Support the Rethinking the Dollar channel: 1. Donate Cryptocurrency: https://www.rethinkingthedollar.com/donate 2. Patreon (Monthly membership): https://www.patreon.com/rtd 3. Get RTD merchandise: https://www.rethinkingthedollar.com/store 4. Purchase 10oz Silver Bar @ dealer cost: https://sdbullion.com/rtd Get your product or service in front of more people. Contact RTD for business or interviewing opportunities at firstname.lastname@example.org. DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar". Opinions expressed in this video should not be relied on for making investment decisions, tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education.
Views: 47760 Rethinking The Dollar
2018-06-13: U.S. Sen. Heidi Heitkamp hears employer perspectives on multiemployer pension plans in the fourth hearing of the 16-person bipartisan, House and Senate Joint Select Committee tasked with solving the crisis facing multiemployer pension plans across the country, including threatening 2,000 North Dakotans and 400,000 pension fund participants nationwide who paid into the Central States Pension Fund.
Views: 397 U.S. Senator Heidi Heitkamp
Time is running out for a decision from the U.S. Department of the Treasury on the future of the Central States Pension Fund. ◂ 41 Action News, KSHB, brings you the latest news, weather and investigative reports from both sides of the state line. We are Kansas City's Breaking News leader, bringing you the area's most accurate forecast and the latest sports coverage from KC's best team. For more download the 41 Action News mobile app: iPhone: http://bit.ly/iOS-kshb Android: http://bit.ly/kshb-android
Views: 1615 41 Action News
Credit User: policecrimescom A message from policecrimescom; Congress also are the only people in America that are allowed to do "inside trading." The sex scandal involving U.S. Congressman Anthony Weiner and his sudden resignation will not have any impact on his congressional pension. Weiner announced his resignation this week, three weeks after he was caught in a Twitter sex scandal. His twelve year stint in office should net him about $1.2 million, according to the National Taxpayers Union. Weiner, 46, will have the option to take discounted payments of about $35,000 a year when he turns 56 or he can wait another six years and get about $46,000. Compare that to a private citizen contributing $1,000 a month to their 401K plan with a $3,000 company match over the same period., and it would add up to $231,000, less than 1/5 of what Weiner will receive. (CNNMoney.com) - No doubt there will be a lot of sound bites from various Congress folk ... some "outraged" by the loss of pensions and others pointing to "economic reality" while professing sympathy for the working American. Amid all the hubbub, keep this in mind: Congress has a pension plan ... and it's not at risk. It's a fairly nice one, too. Not extravagant, but nice. A Congressman with 22 years of service and whose average salary for the top three years was $153,900 gets $84,645. A current congressman ending up with six years of service (it's two-year terms, after all) would get at least $16,503 (at age 62, of course). In actuality, the average congressional pension payment ranges between $41,000 and $55,000, based on 2002 data from the Congressional Research Service. Now, a retiring congressman isn't allowed to get more than 80 percent of their salary upon retirement. But after retiring, cost of living adjustments kick in, which can add substantially to the payment. Add it all together and the Congressional pension program is about two-to-three times more generous than the average corporate executive pension plan, according to the National Taxpayers Union. (contrary to various Internet rumors, Congress does pay Social Security taxes.) So Congress folk get a better pension and don't have to pay for all of it. They also have the equivalent of a 401k program (complete with a 5 percent employer match). In some cases Social Security kicks in. And given their medical, dental and travel benefits, plus expenses paid by the office, members of Congress have plenty of opportunity to save for retirement. (And if they get into trouble, as they sometimes do, the pension often isn't up for grabs). At $165,200 a year (after their raise this month-January 20, 2006), seems like they have some money to do it with too. Now don't get me wrong. Plenty of senators and representatives work hard. Very hard? They got theirs and it isn't going away ... that would take an act of Congress. sex scandal texting Anthony Weiner government stealing Taxpayers Union american money retiring america tax dollars payers Family ron paul president congress election reform Ass pension 401K congressional citizen rich senate Fucks rostenkowski I do not own this material. I cite fair use law in the interest of education. If the owner of this material would like the video removed please contact me directly and it will be done, thanks!
Views: 337 TheJourney000
Dems have no idea what’s coming. It’s about time we put America first. If you come here illegally.. you need to be deported. Despicable that we even have sanctuary cities. Enough is enough of this insanity. From Roll Call: House Majority Leader Kevin McCarthy has introduced legislation that includes more than $23 billion for President Donald Trump’s border security agenda and numerous enforcement provisions aimed at cracking down on sanctuary cities and undocumented criminals, a proposal that could boost his bid to lead the House GOP after next month’s elections. The California Republican introduced the bill on Friday after visiting the El Paso, Texas, sector of the southern border on Thursday. The majority leader said he was “awed by the magnitude of the border and the bravery of the officers who patrol it.” “I also came away with greater conviction of the need to support these officers by giving them the resources they need: More agents, technology, and most importantly the Wall,” said McCarthy in a news release. Specifically, the legislation text includes $16.6 billion for wall construction and $6.8 billion for infrastructure and technology improvements for the Border Patrol. It also includes several smaller Republican immigration proposals, many of which have already passed the House. Among them are provisions drawn from a bill that would raise mandatory minimum penalties for undocumented immigrants who repeatedly cross the border and others taken from legislation to strip funding from sanctuary cities. McCarthy’s bill does not include a provision to legalize so-called Dreamers, young undocumented immigrants brought to the country as children, or to help reunite migrant parents who remain separated from their children because of the Trump administration’s zero-tolerance border security policy. It’s unclear if or when the House might vote on McCarthy’s bill. Even if it passes, the proposal would almost certainly stall in the Senate, where Democrats who oppose the border wall and support a path to legal status for Dreamers can block any legislation requiring 60 votes to pass. Politically, it could excite Republican voters ahead of the midterm elections next month. It also signals to GOP lawmakers in Congress that McCarthy supports a hard line on immigration. ICYMI: Trump’s Border Wall Shutdown Threats Continue, But Still Not Convincing Many Hill Republicans McCarthy is one of the Republicans vying to lead the GOP conference next year as speaker or minority leader following the retirement of Speaker Paul D. Ryan, R-Wis. Rep. Jim Jordan of Ohio is also in contention and Majority Whip Steve Scalise of Louisiana has expressed interest if McCarthy falters. Trump wants funding for the border wall to be a post-election priority for Republican lawmakers, and has repeatedly said he would shut down the government if Congress doesn’t approve it. Both McCarthy’s bill and the House’s fiscal 2019 Homeland Security appropriations bill, which was approved in committee this summer but tabled until after the midterms, would appropriate $5 billion for border barriers in the current spending cycle, while the Senate’s more bipartisan bill would approve $1.6 billion — the amount the Trump administration’s budget requested. Senate Majority Leader Mitch McConnell, R-Ky., told the Washington Examiner on Thursday he’s planning to seek $5 billion for the wall after the elections. Senate appropriators from both parties are skeptical, however, of McCarthy’s legislation. “They ought to have a straight up or down vote on it,” said Sen. Patrick J. Leahy, D-Vt., the Senate Appropriations Committee ranking member. “I believe even today in the Republican-controlled House and Senate, it would not pass.” Senate Appropriations Chairman Richard C. Shelby, R-Ala., said he would want to read the legislation before making a final decision, but noted that appropriators are still trying to work out differences between the House and Senate Homeland Security spending bills. “I’m not against the wall. I just hope what we do is wise — you know, the way we spend our money,” Shelby said, noting that he expects a “big fight” during the lame duck “because of the different views” on border wall spending. ------------------------------------------------------------------------------------------------ ◆ Latest news videos: http://bit.ly/2Kn8KeN ------------------------------------------------------------------------------------------------ ★ CONNECT WITH US ★ ◆ Google+: http://bit.ly/2LPVNjq ◆ Email: email@example.com ------------------------------------------------------------------------------------------------ Videos can use content-based copyright law contains reasonable use Fair Use (https://www.youtube.com/yt/copyright/)
Views: 21398 TODAY NEWS
- The executive director of the US Central States Fund urged for congressional action to save the fund from possibly facing insolvency in 2025 http://pensionpolicyinternational.com/us-central-states-pension-fund-could-be-insolvent-by-2025/ - A recent survey revealed that New Zealanders oppose any change in their retirement systems, despite acceptance of rising costs http://pensionpolicyinternational.com/new-zealand-strong-opposition-to-changing-retirement-system/ - The African Development Bank will hold a forum to attract infrastructure investment from global pension funds and other commercial financers http://pensionpolicyinternational.com/afdb-seeks-to-plug-africa-170-billion-infrastructure-needs/ - UK’s The Pensions Regulator published their tougher corporate plan for the next 4 years to ensure standards in the sector http://pensionpolicyinternational.com/uk-tpr-launches-their-corporate-plan-for-regulating-pensions/ - Metlife will provide pension benefits to 41,000 FedEx retirees through an annuity. The deal includes $6 bn in pension obligations http://pensionpolicyinternational.com/us-metlife-to-provide-pension-benefits-to-41000-fedex-retirees-through-annuity/
Views: 7 Pension Policy International PPI
By order of the US Congress, people that earn $100,000 dollars or more will be allowed to convert their self directed retirement plan (IRA, 401k, or pension plan etc) from a TAXABLE plan to a TAX FREE Roth IRA. The savings to the plan holder can amount to hundreds of thousands of dollars. Find out now if you qualify and how this program can change your life forever.
Views: 957 TaxFreeIncomeForever
This is the VOA Special English Economics Report, from http://voaspecialenglish.com | http://facebook.com/voalearningenglish The United States Postal Service has a history as long as the nation's. The Second Continental Congress appointed Benjamin Franklin as the first postmaster general in seventeen seventy-five. In September, the current postmaster general, Patrick Donahoe, brought an urgent message to a Senate committee. He told the Committee on Homeland Security and Governmental Affairs that the Post Office could need more money by the end of the month. "Without the enactment of comprehensive legislation by September thirtieth, the Postal Service will default on a mandated $5.5 billion payment to the Treasury to pre-fund retirement retiree health benefits. Our situation is urgent." The Postal Service had losses of almost six billion dollars for the nine-month period ending in June. That could grow to ten billion for the year. Part of the deficit is a five and a half billion dollar payment to the federal retirement plan for postal workers.Mr. Donahoe is asking Congress to approve huge changes to the Postal Service. He wants to cut over one hundred thousand workers, close thousands of post offices and end Saturday mail delivery. He says the service needs to operate more like a business. The Postal Service is responsible for its own financing and not part of the federal budget. But it does take part in federal retirement and health plans. It says it has paid too much to federal retirement plans and wants at least seven billion dollars returned. Mr. Donahoe also wants to pull the Postal Service out of the federal benefit plans. He says the service's proposals could cut twenty billion dollars by twenty-fifteen and return it to profitability. John Berry is director of the federal Office of Personnel Management which supervises federal retirement and health plans. He said the Obama administration would soon announce its own plan. At the hearing, Senator Susan Collins criticized the administration for not having a plan already. Leaders of two labor unions representing postal workers have also criticized the proposed cuts. The United States Postal Service has over five hundred sixty thousand employees. It reported revenue of sixty-seven billion dollars last year -- more than either of its biggest private competitors, FedEx or UPS. But as the amount of physical mail decreases, so too have the earnings from Postal Service operations.For VOA Special English, I'm Alex Villarreal. (Adapted from a radio program broadcast 09Sep2011)
Views: 35826 VOA Learning English
Views: 1283 dickmorrisreports
Tannis Dawson, high net worth planner at TD Wealth, joins Kim Parlee to tell us what new Canada Pension Plan reforms mean to us.
Views: 2280 TD
About 10,000 retired coal miners and their families descended upon the U.S. Congress on Thursday to pressure lawmakers for pension protection. The stalled legislation would prevent 22,000 of them from losing their pension and health benefits as soon as early 2017. A bipartisan group of senators is trying to pass legislation to ensure the retirees' coverage with the United Mine Workers of America’s retirement and healthcare funds. Those funds are dwindling as some coal companies drop benefits in their bankruptcy proceedings.With just weeks to go before the presidential and congressional elections in November, time for passage of the bill is limited. http://feeds.reuters.com/~r/Reuters/domesticNews/~3/kiGKIz5lkiI/us-usa-coal-pensions-idUSKCN11E2B0 http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com
Views: 256 Wochit News
Ninety-year-old Jakob Denzinger sits by his apartment window in Croatia aware that he has become embroiled in a legal battle thousands of kilometres away in Washington. For Denzinger is one of dozens of suspected Nazi war criminals who were allowed to collect pensions if they agreed to leave the US in the 1970s. Denzinger and others lied about their Nazi pasts particularly if they had served in any of the notorious concentration camps. They fled to America following World War ll and became U… READ MORE : http://www.euronews.com/2014/10/21/us-congress-vows-to-close-exiled-nazi-pensions-loophole What are the top stories today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeDOz400FlseNGNqReKkFd euronews: the most watched news channel in Europe Subscribe! http://www.youtube.com/subscription_center?add_user=euronews euronews is available in 14 languages: https://www.youtube.com/user/euronewsnetwork/channels In English: Website: http://www.euronews.com/news Facebook: https://www.facebook.com/euronews Twitter: http://twitter.com/euronews Google+: http://google.com/+euronews VKontakte: http://vk.com/en.euronews
Views: 438 euronews (in English)
Organized labour wants to expand the Canada Pension Plan to provide a better retirement for people. Private pensions are having problems, the CPP can provide a successful alternative as long as we are careful about how it is managed. We all know about the CPP, but maybe not as much as we think; Stan Dzbik of the Victoria Labour Council fills us in, along with Ken Georgetti of the Canadian Labour Congress, Mike Eso of the VLC, Dr. Michael Prince UVIC Professor of Social Policy, BC Forum president Gerry Edwards and Hassan Yussuf, secretary-treasurer of the Canadian Labour Congress. An important issue that we'd better be keeping our eye on. © 2010/2012 Lazarus Productions
Views: 2568 Ictv Victoria
Retired workers and people close to retirement are worried that companies are going to cut their pension plans.
Views: 65 WKBN27
Mr. Speaker, Many Americans have worked their lives paying into pension programs with the promise that after a work of hard labor that they would secure transition into retirement. Our multiyear, multiemployer pension plans, of which there are 114, covering 1.3 million workers, are severely underfunded and are in trouble. The Butch Lewis Act is an important step in responsibly securing the pensions of millions of American workers that they have earned throughout their years of hard work. We must ensure that the pensions of American union workers that they have earned over a lifetime of work are protected well into the future. this Congress needs to take action now to ensure American union workers that they have earned over a lifetime the promise of those who were promised after a years of contributions to have a pension in their retirement years. I yield back.
Views: 33 Congressman Brian Higgins
At a September 10, 2015 press event, Senator Bernie Sanders (I-Vermont) calls on Congress to 'stop the clock' on cuts to retiree pensions. Video provided courtesy of the International Association of Machinists and Aerospace Workers.
Views: 1814 PensionRightsCenter
http://www.mikeshoenforcongress.com Mike Shoen for Congress in a primarily republican district vs. Ben Quayle. Mike Shoen is a former prosecutor and trial attorney who is running for congress for Arizona District 3 2010 election. Mike is a true Ron Paul Conservative / Republican / Libertarian. Comment Subscribe and Vote for me, Thank you! Mike. I will donate my entire congressional salary to the working poor. That I promise to you. The Congressional retirement program is far more detrimental that Ron Paul and one other congressman, have NOT participated in. This program is given to any congressman who serves more than 5 years. Of approximately $80,000 per year in retirement benefits On Social Security you get $1,000 per month. Your Congressman gets $80,000 per year, this is fundamentally WRONG! A congressperson should have the same type of social security as a citizen gets. I would never accept a penny from the congressional pension. It is FUNDAMENTALLY WRONG! We are being RIPPED OFF! We need to stop the system for congressional pension. Vote for Mike Shoen Libertarian for district 3 Arizona Comment, Subscribe and Vote for me, Thank you! Mike. http://www.FreedomsPhoenix.com invites all candidates to the studio. Produced by http://www.PhoenixBizTV.org
Views: 101 MikeShoenForCongress
Rep. Mike Bishop (R-MI) on 401k's, pension plans and tax cuts 2.0 and how this will help constituents of both parties across the board.
Views: 501 Fox Business
Retired truck drivers in Georgia and across the U.S. are calling on Congress to protect earned pension benefits. Learn more about the fight to protect pensions via the Central States website https://mycentralstatespension.org/congressional-campaign Or on the Teamsters site here https://teamster.org/protect-pensions/news
Views: 379 Teamsters Local 728
Defined benefit Plans In addition to qualified and non-qualified plans, pension plans also can be divided into defined benefit plans and defined contribution plans. Defined benefit plans are the traditional pension plans usually offered by large, established companies or government employers. Defined contribution plans are newer creations and include 401(k) and 403(b) savings plans. How defined benefit plans work Under a defined benefit plan a company typically makes a promise to provide a certain benefit to employees when they retire. The benefit, defined in advance, usually depends on the employee's salary and the number of years of employment. For example, a company may promise to make payments of $40 per month times the number of years of service. Under this formula a person who retired after twenty years would receive $800 in monthly benefits. Notice the future benefit is defined in advance. Now it's up to the company to contribute enough money and manage the investments well enough to meet these promises. Why defined benefit plans are disappearing These defined benefit programs, however, are becoming increasingly rare. Because they promise a defined benefit, the employer is liable for keeping its promises. If the stock and bond markets perform poorly, the employer must chip more money into the plan to meet its obligations. Defined benefit programs are also expensive to manage. Because benefits are often promised for the life of the worker, defined benefit plans require complex actuarial calculations to ensure the benefits will be paid. Although defined benefit plans are losing their popularity, they still cover tens of millions of workers at large companies and government employers, so let's take a closer look at them. History of defined benefit programs and the PBGC Corporate pensions began to become popular in America in the 1930s and these retirement plans were almost exclusively defined benefit plans. These plans underwent a radical change in 1974 when Congress passed the Employee Retirement Income Security Act after the bankruptcy of a few large companies and the subsequent destruction of their pension plans. With the passage of ERISA, almost all large pension plans had to purchase insurance from a federally chartered corporation called the Pension Benefit Guaranty Corporation. If a company goes bankrupt and the pension plan is underfunded, the PBGC steps in and makes payments to the retirees. However the PBGC doesn't guarantee special early retirement or medical benefits given to retirees, and it doesn't cover defined benefit plans offered by employers with 25 or fewer employees. Check on your pension plan's health So you should be aware of your pension plan's viability. Your company is required to give you an annual summary statement disclosing the pension's health. Each year you should also get an individual benefit sheet which shows what you might get from the pension. Also, companies are required to send notices to employees if the pension funding is less than 90 percent of liabilities. You also can request to see IRS Form 5500, a detailed form which qualified pension plans must file. Public employee pensions Finally, if you're an employee of a state or local government, you may want to look into your pension plan's finances as well. There are about 9,000 public employee pension plans covering 16 million teachers, firemen and other state and local workers. Many of these people are in plans that are seriously underfunded. When Congress passed ERISA to force private employers to disclose information and otherwise protect their pension plans, Congress exempted state and local governments. Politicians have taken advantage of this to use pension plans as a convenient way of buying votes now, while pushing the liability off to future taxpayers. By promising pension increases today, politicians can avoid ugly strikes with powerful unions. When workers retire with increased benefits 20 years from now, the politicians responsible for this shell game will be long gone. This has lead to some seriously underfunded pension plans. Many midwest and New England states have funded only 60 percent of their pension liability. One of the worst offenders is the West Virginia Teachers' Retirement System. It recently had a liability of $3.7 billion, and yet had under $400 million in assets. Of course the worst offender is the federal government, which has an unfunded pension liability for it's workers of hundreds of billions of dollars. If you work for a government agency that has a seriously underfunded pension plan, you should save a little extra money on your own. You'll probably get some kind of pension, but it's doubtful that tomorrow's taxpayers will be willing to pay for untenable promises made by yesterday's politicians. You're lucky if you have a defined benefit plan Copyright 1997 by David Luhman http://moneyhop.com/scripts/retirement-planning/060-defined-benefit-plans
Views: 2591 MoneyHop.com
On May 1, 1969, Fred Rogers, host of the (then) recently nationally syndicated children's television series, Mister Rogers' Neighborhood (named Misterogers' Neighborhood at the time), testified before the Senate Committee on Commerce Subcommittee on Communications to defend $20 million in federal funding proposed for the newly formed non-profit Corporation for Public Broadcasting, which was at risk of being reduced to $10 million. Subcommittee chairman, Senator John Pastore (D-RI), unfamiliar with Fred Rogers, is initially abrasive toward him. Over the course of Rogers' 6 minutes of testimony, Pastore's demeanor gradually transitions to one of awe and admiration as Rogers speaks.
Views: 2388575 danieldeibler
The U.S. Congress has five working days left to negotiate a deal funding the government past a Jan. 19 deadline. Democrats are pushing an agreement that includes a legislative fix for the fate of more than 800,000 undocumented young people brought to the U.S. as children. VOA's congressional reporter Katherine Gypson has more on the immigration fixes Republicans want in return as time runs out. Originally published at - https://www.voanews.com/a/congress-racing-to-fund-government-save-daca-recipients/4202905.html
Views: 801 VOA News
Ken Georgetti, President of the Canadian Labour Congress talks about the CLC's 'Retirement Security for Everyone' Campaign.
Views: 291 Canadian Labour Congress
Employer Perspectives on Multiemployer Pension Plans
Bernard "Bernie" Sanders (born September 8, 1941) is an American politician and the junior United States senator from Vermont. A Democrat as of 2015, he had been the longest-serving independent in U.S. congressional history. Sanders has been the ranking minority member on the Senate Budget Committee since January 2015. He is a candidate for President of the United States in the 2016 U.S. presidential election. Sanders was born and raised in the borough of Brooklyn, in New York City. He graduated from the University of Chicago in 1964. While a student, Sanders was a member of the Young People's Socialist League and an active civil rights protest organizer for the Congress of Racial Equality and the Student Nonviolent Coordinating Committee. In 1963, he participated in the March on Washington for Jobs and Freedom where Martin Luther King, Jr. gave his "I Have a Dream" speech. After settling in Vermont in 1968, Sanders ran unsuccessful third-party campaigns for governor and U.S. senator in the early to mid-1970s. As an independent, he was elected mayor of Burlington, Vermont's most populous city, in 1981. He was reelected three times. In 1990, he was elected to represent Vermont's at-large congressional district in the U.S. House of Representatives. In 1991, Sanders co-founded the Congressional Progressive Caucus. He served as a congressman for 16 years before being elected to the U.S. Senate in 2006. In 2012, he was reelected by a large margin, capturing almost 71% of the popular vote. Sanders has long been critical of U.S. foreign policy and was an early and outspoken opponent of the Iraq War. He rose to national prominence following his 2010 filibuster against the proposed extension of the Bush tax cuts. Sanders favors policies similar to those of social democratic parties in Europe, particularly those instituted by the Nordic countries. He is a leading progressive voice on issues such as income inequality, universal healthcare, parental leave, climate change, LGBT rights, and campaign finance reform. He is also outspoken on civil rights and civil liberties, and has been particularly critical of racial discrimination in the criminal justice system and mass surveillance policies such as the USA PATRIOT Act and the NSA surveillance programs. Sanders announced his intention to seek the Democratic Party's nomination for president on April 30, 2015, in an address on the Capitol lawn. His campaign was officially launched on May 26, 2015, in Burlington. In his announcement, Sanders said, "I don't believe that the men and women who defended American democracy fought to create a situation where billionaires own the political process." Senator Elizabeth Warren welcomed Sanders' entry into the race, saying, "I'm glad to see him get out there and give his version of what leadership in this country should be." On June 19, 2015, the "Ready For Warren" organization (Warren resisted calls to become a candidate herself) endorsed Sanders and rebranded itself "Ready to Fight". Sanders stated that he would not pursue funding through a "Super PAC", instead focusing on small individual donations. His presidential campaign raised $1.5 million within 24 hours of his official announcement. After four days, the campaign had raised $3 million from small donors, with an average of $43 per donation. On July 2, the campaign announced that it had raised $15 million from 250,000 donors. On September 30, The New York Times reported that Sanders had raised $26 million over the preceding three months, exceeding Barack Obama's pace of fundraising in 2008; the campaign announced that it had reached one million individual donations, becoming the first 2016 candidate to reach that threshold. On December 20, the Sanders campaign announced it had reached 2.3 million donations, breaking Obama's 2011 record for the highest number of contributions for a White House bid. At year's end the campaign had raised a total of $73 million from more than one million people making 2.5 million donations, with an average donation of $27.16. Sanders has used social media to help his campaign gain momentum. He posts content to online platforms such as Twitter and Facebook, and has answered questions on Reddit. Sanders has also gained a large grassroots organizational following online. A July 29 meetup organized online brought 100,000 supporters to more than 3,500 simultaneous events nationwide. Sanders has received over one million individual online donations. He has credited this to his "organic" approach to social media, and to writing his campaign's online postings himself. https://en.wikipedia.org/wiki/Bernie_Sanders
Views: 209 Way Back
Congress member D.K.Aruna aggravates about pensions not being given properly which is causing farmers to commit suicide. ► Download TV5 Android App: http://goo.gl/8mMEOX ► Subscribe to TV5 News Channel: http://goo.gl/NHJD9 ► Like us on Facebook: http://www.facebook.com/tv5newschannel ► Follow us on Twitter: https://twitter.com/tv5newsnow ► Circle us on TV5 News Channel G+: https://plus.google.com/+tv5newschannel ► Follow us on Pinterest: https://www.pinterest.com/tv5newschannel WATCH TV5 SHOWS: ► People's Manifesto : http://goo.gl/qzzpZC ► Thamasoma Jyothirgamaya : http://goo.gl/sp30zP ► Task Force : http://goo.gl/t6amTN ► Suparichithudu Comedy Spoof : http://goo.gl/CfKjbz ► Speedo Meter : http://goo.gl/JZ7Oow ► Let's Vote for Change : http://goo.gl/k7OMgR
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This is the VOA Special English Economics Report, from http://voaspecialenglish.com | http://facebook.com/voalearningenglish The United States Postal Service has reported a loss of over $5 billion from April to June. The Postal Service says it expects to report a loss of $15 billion for the 12-month period ending in September. And it has warned of even bigger losses if Congress does not let mail service change the way it does business. The United States Postal Service, or USPS, has a history as long as the nation's own. Benjamin Franklin was appointed the first Postmaster General, or head of the Postal Service, in 1775. But the Postal Service says its income has not kept up with growing costs. For example, profitable first class mail is decreasing. The service says most of its recent losses resulted from making payments to its health care program for retirees. About a billion dollars of the loss was for payments to injured workers. The news from April to June was not all bad. Improvements in the economy fueled income growth of nine percent from shipping and delivery. The Postal Service says it is less costly to send letters and packages in the mail than to use private companies. The USPS says it has cut operating costs by a total of $14 billion in the past five years. To improve its financial health, the agency has proposed cutting service on Saturdays. It wants Congress to cancel a requirement that the Postal Service make payments to its health care program for retired workers. USPS also wants the Treasury Department to return $11 billion in payments made to its pension plan for retirees. On August first, USPS failed to make a required payment of $5.5 billion for health care benefits for future retirees. It was the first time the Postal Service has ever failed to make such a payment. And, the service is warning that it may have to delay making payments to companies to which it owes money. The Postal Service says that without major changes, it will continue to lose billions of dollars a year. The Washington Post newspaper reported that Postmaster General Patrick Donahoe told reporters "Congress needs to act responsibly." In his words, "this is no way to run any kind of business." The Postal Service receives income for its operations from the sale of stamps, products and shipping services. It does not receive direct government assistance, but is controlled by the federal government. For VOA Learning English, I'm Laurel Bowman. (Adapted from a radio program broadcast 31Aug2012)
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Federal law altered to reduce pension payouts.... Website: naturalnews.com Author credit: J. D. Heyes Photography credit: belongs to it's respective owner(s) and not to me. Link: http://www.naturalnews.com/048013_corporate_raiders_pension_plans_spending_bill.html DISCLAIMER: This is for educational and informational purposes only. This video is not for profit. I read for the visually impaired and for mobile device users. If anyone does not wish to listen to the entire broadcast, please use link(s) provided... It is for the viewer to decide. I do not take any credit for the content, photos, or videos I cannot verify or confirm the information in this video. It is up to you the viewer to decide and please also do your own research. The content does not necessarily reflect my own personal viewpoint or opinions. It is up to the viewer to decide. No copyright infringement is ever intended. . FAIR USE STATEMENT: This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in an effort to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. we believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/...
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Thomas Homan, acting Director of the U.S. Immigration and Customs Enforcement Agency reminds Democrats that, despite the claims of Rep. Nanette Barragan (@ 00:18), ICE isn’t anti-immigrant for enforcing Congressionally-enacted immigration laws (@ 4:24). Be sure to like, subscribe, and comment below to share your thoughts on the video. Subscribe for the latest on the Democrats’ hypocrisy, media bias and punditry, and coverage of President Trump’s accomplishments: http://www.youtube.com/subscription_center?add_user=GOPICYMI Already subscribed? Be sure to click the YouTube bell located above to be notified each time we upload a new video. ****** Follow Us! Official RNC Research Twitter: twitter.com/RNCResearch RNC Research Director, Mike Reed: twitter.com/reed1311 RNC Research Deputy Director, Scott Parker: twitter.com/Scottty_P For regularly updated blog posts from RNC Research, visit gop.com/research/ #RNCResearch #MAGA
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Donald Trump's federal budget plan proposes large funding cuts with largely negative consequences. John Oliver examines the troubling priorities of the new administration. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
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KCR About Pension scheme | Kcr Press Meet | TRS Party 2019 Manifesto kcr speech about trs manifesto #KCR #TRS KCR has met the members of Telangana Rashtra Samithi (TRS) manifesto committee and is discussing with them about the various aspects of the manifesto. Soon he will be addressing a press meet to reveal the salient features of his party manifesto. It will be in three parts, explaining about the party's aims and achievements. The TRS is expected to continue with the ongoing schemes, besides adding some new ones, when it comes back to power in December. TRS is expected to go full throttle on the growth front, if it wins this time. yoyo tv bathukamma song 2018 https://www.youtube.com/watch?v=NvOKAxz3Umo Top Ten Telugu Trending Videos from Our Channel కేసీఆర్ గురించి రోశయ్య చెప్పిన షాకింగ్ నిజాలు.. 👉🏻 https://www.youtube.com/watch?v=I6Fx9OUZT3c Konijeti Rosaiah, Former AP Chief Minister Exclusive Interview 1. Bithiri Sathi As MLA | CM KCR To Give Malkajgiri TRS MLA Ticket | KTR. 👉🏻 https://www.youtube.com/watch?v=iyiDD_V9kFg 2. YSR Song | Madhu Priya Emotional Song | YS Jagan | YSRCP-Philadelphia 👉🏻 https://www.youtube.com/watch?v=0Y9TAxUncN0 3. TRS MP Balka Suman And Nallala Odelu Cold War | CM KCR | KTR | TRS 👉🏻 https://www.youtube.com/watch?v=G-3SPdPGrog 4. Ganesh Chaturthi 2018 song | SP Balasubramaniam | Ravi Varma | Vinayaka Chavithi 👉🏻 https://www.youtube.com/watch?v=5ujPQxjBZNU 5. CM KCR Bodyguards Always Wear Black Goggles and Carry Briefcase Why ? | VVIP Security 👉🏻 https://www.youtube.com/watch?v=mmRikojwZfs 6. Konda Surekha Gives Clarity Over Joining Telangana Congress | CM KCR | KTR 👉🏻 https://www.youtube.com/watch?v=ha6cIHy1bMM 7. Folk Singer Sai Chand Songs on Revanth Reddy at TRS Meeting - Kodangal 👉🏻 https://www.youtube.com/watch?v=sjJJeZTCZmA 8. Kaushal Army Main Founders Interview | Kaushal Army Secret Revealed | Bigg Boss 2 Telugu 👉🏻 https://www.youtube.com/watch?v=qoPDFelrm4k 9. Madhu Priya Song Performance & Anchor Udaya Bhanu Dance at World Telangana Convention 👉🏻 https://www.youtube.com/watch?v=LI0ztYhDHPY 10. Interesting Facts About Teenmar Mangli 👉🏻 https://www.youtube.com/watch?v=CamXlnOQF7E Download YOYOTV App Now Android: https://play.google.com/store/apps/details?id=com.yoyiptv.yoyomobile iOS: https://itunes.apple.com/us/app/yoyotv/id1392981692?mt=8 Watch 24/7 News Videos, Breaking News updates, special political analysis, current issues, celebrity latest updates, movie reviews and exclusive Interviews anytime anywhere. ________________________________ Follow Us on: Facebook: http://bit.ly/2hkcu66 https://plus.google.com/+YOYOTVChannel Twitter: https://twitter.com/YOYOTVChannel Website: http://yoyoiptv.com/ Subscribe Us https://www.youtube.com/channel/UCJ97pLhPp-CU9Tj4-dp9B6g?sub_confirmation=1 -~-~~-~~~-~~-~- Please watch: "Bathukamma Song 2018 | Madhavi Latha | Singer Varam | Telangana Festival | YOYO TV Channel" https://www.youtube.com/watch?v=NvOKAxz3Umo -~-~~-~~~-~~-~-q
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CM KCR spoke about pension and unemployment benefit scheme in Manifesto. CM KCR To Announce TRS Party Manifesto and Election Guarantees in Pragathi Bhavan | LIVE | AP24x7 For more Latest Updates on News : ► Subscribe Our Channel: https://www.youtube.com/AP24x7 ► Like us on Facebook: http://www.facebook.com/AP24x7live ► Follow us on Twitter at : https://twitter.com/AP24x7live ► Circle us on Google+: https://goo.gl/rjinp3 ► Visit Our Website : www.ap24x7live.com ► Follow us on Instagram: https://www.instagram.com/ap24x7 ► Follow us on Pinterest : https://in.pinterest.com/ap24x7 AP 24x7, a Telugu News Channel, brings to you all the latest news from around the world through breaking news, regional news, national news, political satires and exclusive interview programs.
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Govt Employees and Pensioners latest News today. CPAO latest Order today. 7th pay pension latest news. @@@@@यदि वीडियो लाभदायक रहता है तो कृपया और वीडियो के लिए Like, Share और सब्सक्राइब करना ना भूलें@@@@@ Follow us on: YouTube: https://www.youtube.com/c/GovtEmployeesNews Website: http://www.govtemployeesnews.com/ Facebook: https://www.facebook.com/GovtEmployeesNews/ Twitter: https://twitter.com/GovtEmpNews Google+: https://plus.google.com/+GovtEmployeesNews1 Blogger: https://govtemployeesnews1.blogspot.com/ Email: firstname.lastname@example.org Our Playlists You can watch your Category Videos……… ****** Defence Employees News********* https://www.youtube.com/playlist?list=PLnQ5z9CDty1RAWk4M83kXbU3S8PSn8rON *********Central Govt. Civil Employees Cornder********** https://www.youtube.com/playlist?list=PLnQ5z9CDty1Q0ehd8kRH8YgyFw4AqQXQj *********GDS (Gramin Dak Sevak) Latest News*********** https://www.youtube.com/playlist?list=PLnQ5z9CDty1Rrxh5MjW8zPw30mKUQZWbT **********Pensioners News************** https://www.youtube.com/playlist?list=PLnQ5z9CDty1SGD4x_xGo3fKNLx8mrcy-Y **********Railway Employees News******* https://www.youtube.com/playlist?list=PLnQ5z9CDty1Sj2Sc4oErUVKBeEuOeF9G6 7th pay commission latest news, seventh pay commission latest news, 7thcpc news, 7thcpc latest news today, 7th pay commission latest news today, pcda pension, pensioners latest news, defence pension latest news, central government employees latest news, govt employees news, govt pensioners news, family pensioners news, defence pension, 7th pay commission army latest, army pension 2017, pay rules 2017, pay matrix, defence pay matrix, sainik welfare, latest pension plan, cg staff latest news, civilian pensioners latest news, best saving plan, today headlines for government employees, seventh pay commission allowance, travelling allowance, daily da and ta for govt employees, how to, hindi news today, defence pensioners today news, gramin dak sevak, gds news, gds latest news, gds pay matrix, gds result 2017, gramin dak sevak result 2017, gramin dak sevak new salary, gds revised allowances, gds leave rules, govt employees leave rules, dopt latest order, government latest order, Railway Employees News, railway pensioners latest news, indian railway latest updates, railway employees allowances, railway employees leave rules. CGHS, Central Government Health Scheme, New Pension Scheme, National Pension System, National Pension Scheme, New Pension System. Retirement Age, Indian Railway News, Railway Employees News, Railway Pensioners News. Compassionate Appointment Guidelines and Procedure. House Rent Allowance, HRA, Income Tax Rules, HRA for Central Government Employees. 7th Central Pay Commission, Central Civil Pensioners, MoD Orders. To buy the Important Books for a Govt. Employee please click on the link given below: Swamy Handbook 2017 (English) http://amzn.to/2onmwnk Swamy Handbook 2017 (Hindi) http://amzn.to/2on6R7v Revised pay rules handbook http://amzn.to/2pgldLm Swamy’s TA Rules made easy http://amzn.to/2pC4pOG Disclaimer: Objective of this Channel is to provide real time information for Govt Employees and Pensioners. Each and every efforts are made to keep the content of this Channel correct and up-to-date. But, this Channel does not make any claim regarding the correctness of information provided in the Videos. The contents of this Channel cannot be treated or interpreted as a statement of law. In case, any loss or damage is caused to any person due to his/her treating or interpreting the contents of this site or any part thereof as correct, complete and up-to-date statement of law out of ignorance or otherwise, this Channel will not be liable in any manner whatsoever for such loss or damage. The Channel will endeavor to edit/delete any material which is considered offensive, undesirable and or impinging on national security. Users are advised to verify/check any information with the relevant departments(s) and/or other source(s), and to obtain any appropriate professional advice before acting on the information provided in the Channel. By: Govt Employees News
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As 16,300 retired American coal miners and their families face a loss of healthcare and pensions promised to them, Republican leaders in the U.S. House and Senate have refused to act on a bipartisan plan to address the crisis. Now time has run out, and U.S. Senator Claire McCaskill today announced she will vote against Congress’ final legislation this year—a government spending bill—after Republican leaders refused to include the bipartisan Miners Protection Act in the legislation. McCaskill cited a letter she received from Billy Hull, a retired coal miner with nearly 30 years working at the Peabody Coal Power Mine near Montrose, Missouri. Mr. Hull wrote to McCaskill earlier this year, saying in part: “My wife Earlene is a 2 time cancer survivor and I suffered a stroke in 2012. If we lose our benefits it will be hard for us to afford our medicine cost. Due to the bankruptcy of both Peabody Coal Co. and the Patriot Coal Company the Patriot VEBA fund will be exhausted in late 2016 leaving us without pension and healthcare benefits…” “Here’s the question Americans should always be asking every member of Congress: who are you fighting for?” McCaskill said. “Billy Hull is who I’m fighting for. Passing a bipartisan fix for these miners would mean they won’t have to spend the holidays terrified of losing their healthcare. Missouri’s own Harry Truman—whose Senate seat I hold today—made a promise to these coal miners when he was President. I’m fighting to keep his promise. “I’ve been hearing Republican leaders in the U.S. House complain that they’ve already left Washington, D.C. to get home early for Christmas—so the government funding bill they approved and sent to the Senate, though it only includes a 4-month extension for these miners’ healthcare, will just have to be good enough,” McCaskill added. “Well, I don’t know who these U.S. House Republicans are fighting for, but it’s not working Americans like Billy Hull and the thousands like him whose blood, sweat, and tears powered our nation for generations, and yet don’t have the peace of mind that those members of the U.S. House are blessed with.” On December 31, thousands of retired miners and their widows are scheduled to lose their health insurance. Congressional Republicans included a four-month extension of this insurance in the spending bill—barely giving the miners another month of coverage before they would receive a 90-day notice of cancellation. McCaskill is pushing for certainty for these retirees and their families with the permanent health insurance solutions in the Miners Protection Act, so they aren’t facing the loss of their insurance every few months. McCaskill also highlighted President-elect Donald Trump’s repeated statements of support for America’s coal miners, and called on him to urge Republican leaders in the U.S. House and Senate to address the pending crisis. Two years ago, McCaskill was the only member of the Missouri Congressional delegation to vote against a sprawling, $1 trillion end-of-year spending package. Tucked into that “omnibus” spending bill was a provision allowing for deep cuts to retiree benefits for 32,000 Missourians participating in the Central States Pension Plan. McCaskill is a strong supporter and cosponsor of the Keep Our Pension Promises Act, which would repeal the law that allows for massive pension cuts.
Views: 2957 Senator Claire McCaskill
Thousands of retirees are facing extreme pension cuts from the Central States Pension Plan. U.S. Department of Treasury's Ken Feinberg and U.S. Representative Emanuel Cleaver, II visited Kansas City to hear their stories.
Views: 535 repcleaver
U.S. Senator Claire McCaskill, along with Senators Heidi Heitkamp of North Dakota, Ron Wyden of Oregon, Debbie Stabenow of Michigan, and Joe Manchin of West Virginia today called on Senate Republican leaders to help come up with a bipartisan solution to the pension cuts faced by more than 400,000 workers and retirees participating in the Central States Pension Fund and an immediate solution for the 100,000 coal miners facing cuts in the near term. The Senators today wrote to Majority Leader McConnell asking that before the Senate breaks for the summer, it address the looming pension crisis facing 100,000 coal miners and their beneficiaries. They also underscored the need to find a bipartisan solution to the multiemployer pension crisis that will impact hundreds of thousands of other hardworking Americans enrolled in the Central States Pension plan.
Views: 284 Senator Claire McCaskill
The US Department of Treasury rejected a plan to reduce the monthly pensions of retired workers.
Views: 2469 WKBN27
Minister Harish Rao Controversial Comments on Congress and BJP | Great Telangana TV... TRS Harish Rao Comments On TDP Over Alliance With Congress About Us: Great Telangana TV (GT) is the prime live channel on web media.Apart from general news and happenings, our focus will be on Telangana happenings in specific. We will give interviews with celebrities also from time to time. Apart from politics and entertainment, trending news is covered. Stay tuned to our channel for trendy news and entertainment. We also have greattelangaana.com news website in English and Telugu. News Covered from Hyderabad, Rangareddy, Warangal, Khammam, Karimnagar,Nalgonda,Siddipet,Medak,Adilabad,Mahaboobnagar Telangana political news, ts political news, ap political news. Tealanagana Political News On CM Sri Kalvakuntla Chandrashekar Rao (KCR), Kalvakuntala Tarakarama Rao ( KTR),Kalvakuntla Kavitha,Thanneeru Harish Rao, Revanth Reddy, Etela Rajender, Talasani Srinivas Yadav, G. Kishan Reddy, Naini Narshimha Reddy, Balka Suman, Guntakandla Jagadish Reddy, DK Aruna, komati reddy venkat reddy,uttam kumar reddy, Tollywood latest news,movie reviews,public talk,Chirajneevi,syra,Nagarjuna,Venkatesh,Pawan kalyan,Balakrishna, Comedy Actors Brahmanandam, Ali, Vennela Kishore, Sunil, ms Narayana, Sapthagiri, Thagubothu Ramesh, 30 years industry Prudhvi, Venu Madhav. -------------------------------- Subscribe Youtube at https://goo.gl/8fuVtP visit our website: www.greattelangaana.com/ telugu.greattelangaana.com/ FaceBook: https: //goo.gl/kp5e3L Twitter: https://goo.gl/s4uMHQ Google+: https://goo.gl/Hi64Cb
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