Pension fund

Turkiye Garanti Bankasi A.S.: Information regarding the results of Ordinary General Shareholders' Meeting

Retrieved on: 
Wednesday, April 10, 2024

The meeting minutes, list of participants and the profit distribution table are attached hereto.

Key Points: 
  • The meeting minutes, list of participants and the profit distribution table are attached hereto.
  • (The meeting minutes and the profit distribution table are in Turkish and English, whereas the list of participants is in Turkish.)
  • *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • Contact Garanti BBVA Investor Relations:

INVESTOR DEADLINE NEXT WEEK: Robbins Geller Rudman & Dowd LLP Announces that InMode Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - INMD

Retrieved on: 
Monday, April 8, 2024

), the InMode class action lawsuit charges InMode as well as certain of InMode’s top executives with violations of the Securities Exchange Act of 1934.

Key Points: 
  • ), the InMode class action lawsuit charges InMode as well as certain of InMode’s top executives with violations of the Securities Exchange Act of 1934.
  • Lead plaintiff motions for the InMode class action lawsuit must be filed with the court no later than April 15, 2024.
  • A lead plaintiff acts on behalf of all other class members in directing the InMode class action lawsuit.
  • An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the InMode class action lawsuit.

TEAMSTERS WAREHOUSE WORKERS RATIFY FIRST CONTRACT AT SYSCO LOUISVILLE

Retrieved on: 
Monday, April 8, 2024

LOUISVILLE, Ky., April 8, 2024 /PRNewswire/ -- More than 100 warehouse workers at Sysco Louisville have overwhelmingly ratified a first Teamsters contract in Kentucky. The new four-year agreement includes improved safety standards, better working conditions, more paid time off, and substantial wage increases, with some members seeing 29-percent pay bumps.

Key Points: 
  • LOUISVILLE, Ky., April 8, 2024 /PRNewswire/ -- More than 100 warehouse workers at Sysco Louisville have overwhelmingly ratified a first Teamsters contract in Kentucky.
  • Warehouse workers at Sysco Louisville had been in negotiations for a first contract since they voted to join the Teamsters in September.
  • The latest contract win will serve as an example for Sysco workers around the country seeking a better life by becoming Teamsters," said Tom Erickson, Director of the Teamsters Warehouse Division and Teamsters Central Region International Vice President.
  • "The next time Sysco tries to pick another fight with the Teamsters, they should remember what happened in Louisville and know that our Warehouse Division and Sysco Teamsters everywhere will have workers' backs."

Workers at the Delta by Marriott in Thunder Bay Vote to Join UFCW Local 175

Retrieved on: 
Thursday, March 21, 2024

MISSISSAUGA, Ontario, March 21, 2024 (GLOBE NEWSWIRE) -- The 84 employees working at the Delta by Marriott hotel in Thunder Bay are celebrating today after their vote to join Local 175 of the United Food & Commercial Workers (UFCW) was a success.

Key Points: 
  • MISSISSAUGA, Ontario, March 21, 2024 (GLOBE NEWSWIRE) -- The 84 employees working at the Delta by Marriott hotel in Thunder Bay are celebrating today after their vote to join Local 175 of the United Food & Commercial Workers (UFCW) was a success.
  • “Like many people out there, these workers were looking for a way to build a better life,” said Kelly Tosato, President of UFCW Local 175.
  • That vote took place online over a 24-hour period, closing at noon on March 21, 2024, to determine whether UFCW Local 175 would become the certified bargaining representative for the workers.
  • The OLRB released the results shortly after the vote closed, assuring these workers are now Union members with UFCW Local 175.

HOOPP delivers 9.38% return in 2023: success bolstered by strong Canadian portfolio

Retrieved on: 
Wednesday, March 13, 2024

HOOPP delivered strong returns across many asset classes, including fixed income, public equities, private equity and private credit.

Key Points: 
  • HOOPP delivered strong returns across many asset classes, including fixed income, public equities, private equity and private credit.
  • The strong 2023 return was bolstered by our strong Canadian portfolio.
  • HOOPP is also one of the biggest investors in Canadian bonds, which comprise about half the Canadian portfolio.
  • “HOOPP had a successful year on many fronts and I’m proud of all that the team accomplished,” Wendling said.

Milliman analysis: Corporate pension funded status rises to 105.6% at end of March

Retrieved on: 
Thursday, April 4, 2024

Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans.

Key Points: 
  • Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its latest Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans.
  • During March, the Milliman 100 PFI funded ratio rose from 105.3% at the end of February to 105.6% as of March 31.
  • “Pension funded status improved for all three months of the first quarter, and strong market returns helped to offset the effect of March’s discount rate declines,” said Zorast Wadia, author of the PFI.
  • The 2024 Milliman Corporate Pension Funding Study will be released later this month.

MassMutual Research: Most Retirees are Happier in Retirement vs. Working Thanks to Financial Preparation, but More than One Third Report Feeling Lonely

Retrieved on: 
Wednesday, March 13, 2024

Nearly half (49%) of retirees who are much happier in retirement planned by taking care of their health.

Key Points: 
  • Nearly half (49%) of retirees who are much happier in retirement planned by taking care of their health.
  • While many retirees experience increased happiness in retirement, a noteworthy number admit to feeling lonely.
  • Of the 33% of retirees who are not happier in retirement, nearly half agree that retirement occasionally makes them feel lonely.
  • A third of retirees who are not happier in retirement report less opportunity for dating and romance in retirement than they expected.

UNFI WORKERS IN GEORGIA JOIN TEAMSTERS

Retrieved on: 
Wednesday, March 20, 2024

ATLANTA, March 20, 2024 /PRNewswire/ -- Drivers at United Natural Foods, Inc. (UNFI) in Atlanta have voted by 95 percent to join Teamsters Local 728. The organizing victory marks the end of a monthslong campaign by UNFI workers to win strong union representation and is the second Teamsters organizing victory at the company in less than two months.

Key Points: 
  • The Teamsters have filed unfair labor practice charges against UNFI for its obvious and unlawful attempt to destroy workers' rights.
  • Last year, more than 1,000 workers at the company voted to join the Teamsters nationwide.
  • The Teamsters represent more than 4,000 members at UNFI across the U.S.
    "This resonant victory is just the latest example of UNFI workers joining together to take control of their workplace.
  • If UNFI wants to continue committing serious unfair labor practices, they will embolden and mobilize more workers to join our fight.

SOUTHERN GLAZER'S WORKERS JOIN TEAMSTERS

Retrieved on: 
Tuesday, March 19, 2024

ALBUQUERQUE, N.M., March 19, 2024 /PRNewswire/ -- Wine and liquor distribution workers at Southern Glazer's have joined Teamsters Local 492 in Albuquerque, N.M. The 45 warehouse workers, drivers, loaders, hostlers, and yard jockeys united to raise a stronger voice and address years of concerns on the job.

Key Points: 
  • ALBUQUERQUE, N.M., March 19, 2024 /PRNewswire/ -- Wine and liquor distribution workers at Southern Glazer's have joined Teamsters Local 492 in Albuquerque, N.M.
  • The 45 warehouse workers, drivers, loaders, hostlers, and yard jockeys united to raise a stronger voice and address years of concerns on the job.
  • "We heard about the improvements other workers at the company were making by becoming Teamsters, and we wanted in," said Michael Landis, a nine-year warehouse worker at Southern Glazer's.
  • "We congratulate all the workers at Southern Glazer's Wine and Spirits.

TEAMSTERS: UPS ADMINISTRATIVE AND SPECIALIST WORKERS RATIFY CONTRACT, JOIN TEAMSTERS NATIONAL MASTER AGREEMENT

Retrieved on: 
Monday, March 18, 2024

LOUISVILLE, Ky., March 18, 2024 /PRNewswire/ -- Newly organized administrative and specialist workers at the UPS Louisville Centennial Hub (LCH) unanimously ratified an addendum agreement on Sunday to classify their jobs under the UPS Teamsters National Master Agreement, propelling forward a national campaign to organize up to 5,000 administrative and specialist employees at other UPS facilities nationwide.

Key Points: 
  • LOUISVILLE, Ky., March 18, 2024 /PRNewswire/ -- Newly organized administrative and specialist workers at the UPS Louisville Centennial Hub (LCH) unanimously ratified an addendum agreement on Sunday to classify their jobs under the UPS Teamsters National Master Agreement, propelling forward a national campaign to organize up to 5,000 administrative and specialist employees at other UPS facilities nationwide.
  • A memorandum of understanding secured by the Teamsters under the union's historic UPS national contract ratified last year assures employer neutrality during administrative and specialist organizing campaigns.
  • "Local 89 is leading the way to help the Teamsters organize thousands of more workers under the powerful UPS Teamsters National Master Agreement.
  • "With this addendum in place, there has never been a better time for administrative and specialist workers at UPS anywhere in the country to join the Teamsters and gain access to all the benefits of the UPS Teamsters National Master Agreement," said Chris Rosell, the Teamsters National Director of Organizing.