Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on TwitterBe a Facebook FanTumble us!

17 Dec 2011 01:29

tags

Politics: Unlikely pensioner of the week: Rick Perry is “retired” … kinda

  • $150k the amount in salary Rick Perry has made from being governor in 2011
  • $7,698 the amount perry has made monthly since his pension kicked in
  • $240kthe amount he bumped his income to with the maneuver source
  • » All the benefits of retirement and working! Rick Perry is 61 years old, and for most people, that’s closing in on retirement age. However, Perry is running for president, and could still be the guy to beat (you never know). But with his military and government service, he was able to score his pension now, according to the state’s Employee Retirement System. He has no regrets: “That’s been in place for decades. … I don’t find that to be out of the ordinary,” Perry said. “ERS called me and said, ‘Listen, you’re eligible to access your retirement now with your military time and your time and service, and I think you would be rather foolish to not access what you’ve earned.’” Is the move off-key considering the fact that he’s a noted critic of entitlement programs?

30 Nov 2011 20:36

tags

World: Scotland’s public sector strikes over pensions

  • It’s estimated that 300,000 people participated in the public sector strike in Scotland today, an action in protest of proposed changes to the state’s pension system which could force workers to pay in at a higher rate, and work more years before reaching retirement.  source

25 Oct 2010 11:04

tags

World: Nearly two weeks in, French strikes proving very costly

  • 200+
    million
    the amount that the French strikes are costing the country per day, at minimum (as high as €400 million)
  • 2.4
    billion
    the minimum amount this could be hurting their economy; it could be as high as €4.8 billion source

22 Oct 2010 14:56

tags

World: French Senate ignores protesters’ cries, passes pension law anyway

  • anger For that last few days, protesters have been making life in France pretty rough, partly over an age increase for pensions, from 60 to 62. It’s not that bad, guys!
  • indifferenceDespite days of rage and problems with fuel distribution caused by the protests, the French Senate passed it anyway. Now it’s headed to President Sarkozy to sign. source