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Story Archives of 'pensions'Lawmakers Cut Deal on RetirementBy Dan Gorenstein on Tuesday, June 3, 2008.After a tense and sometimes hostile week’s worth of negotiating, House and Senate lawmakers have cut a deal to reform the public pension system. New Hampshire Public’s Radio’s Dan Gorenstein reports. listen:
  Lawmakers Begin to Hammer Out Pension ReformBy Dan Gorenstein on Tuesday, May 27, 2008.Lawmakers have until Friday afternoon to reach a compromise on legislation to reform the public pension system. New Hampshire Public Radio’s Dan Gorenstein reports. listen:
Problems with PensionsBy Laura Knoy on Friday, May 2, 2008.New Hampshire's retirement system for public employees is seriously underfunded, and lawmakers are trying to reform it, tackling tough structural issues that many say should have been tackled long ago. We’ll look at the two competing reform measures and their impact on retirees and taxpayers. Guests
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Retirees Fear Changes to Pension SystemBy Dan Gorenstein on Wednesday, March 12, 2008.New Hampshire’s pension system for public employees is in trouble. There’s a 2.7 billion dollar gap between how much money the system has and how much it needs to have over the next 30 years. Currently, it’s ranked near the bottom of public pension systems nationwide. Lawmakers, employers and employees are debating the best way to shore the whole thing up. New Hampshire Public Radio’s Dan Gorenstein has the story on how proposed legislation could affect the people who count on the pension system. listen:
Special Panel Tells Lawmakers About Problems With the State's Retirement SystemBy David Darman on Thursday, January 3, 2008.The leaders of a special panel that reviewed the state’s pension system say the retirement benefit as a whole is already on the road to recovery. But they also told the House Finance Committee that the retiree medical benefit system is in much worse shape. They reported things are so bad that teachers and local government employees who don’t retire by this July will no longer be eligible for medical coverage. New Hampshire Public Radio’s David Darman has more. listen:
Many Public Employees Consider Retiring EarlyBy David Darman on Wednesday, May 9, 2007.Many public employees across the state who are nearing retirement age are thinking about retiring early. They’re worried about the future of the state’s pension system. New Hampshire Public Radio’s David Darman has more. listen:
Many Parties Float Solutions for NH Retirement ShortfallBy David Darman on Tuesday, March 20, 2007.State Lawmakers, local government officials, public employees of all sorts and retirees have been meeting in Concord to fix the state's pension system. By most accounts, the system is millions of dollars short of where it should be. And while those involved share concerns, they differ on their prescriptions for a solution. New Hampshire Public Radio's David Darman has more. listen:
Problems with PensionsBy Laura Knoy on Monday, November 14, 2005.The traditional corporate pension – company funded, guaranteed at retirement….seems heading for extinction – due to cutthroat competition, downsizing, corporate bankruptcies…and – laws encouraging other, cheaper and more flexible alternatives. We’ll ask “What ever happened to the Pensionâ€â€¦and what’s taking its place. Laura's guest is Colin Blaydon, William and Josephine Buchanan Professor of Management at the Tuck School of Business at Dartmouth and Director of the Center for Private Equity and Entrepreneurship. listen:
NH Retirement System Avoids Costly Funding SchemeBy David Darman on Monday, October 27, 2003.Most state retirement systems have suffered financial losses in the last few years. And the New Hampshire Retirement System is no exception. New Hampshire’s losses have to be made up by state and local taxpayers. But the taxpayers may have escaped paying even greater sums, thanks to an idea that never caught on in the Granite State. New Hampshire Public Radio’s David Darman has more. listen:
Workers Allege Nashua Company Withheld BenefitsBy Lisa Peakes on Monday, February 25, 2002.The Department of Labor had a hearing on complaints that several employees of Nashua's International Paper Box Machine Company may have lost portions of their pensions. Worse, the company appears not to have made any Social Security payments since 1998. The company stopped operating last month, but not before the situation was brought to light by a whistleblower - an employee who noticed his 401K contributions were dwindling. Lisa Peakes talks with Brad Leighton, business writer for the Nashua Telegraph about the story. listen: No audio currently available. Order on CD (pdf).
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