Pension fund

EQS-News: Mountain Alliance AG announces changes to the Management Board

Retrieved on: 
Saturday, December 30, 2023
Supervisory board, Head, CFO, Pension fund

Munich, 5 December 2023 – Mountain Alliance AG ( ISIN DE000A12UK08 ) announces changes to the Management Board.

Key Points: 
  • Munich, 5 December 2023 – Mountain Alliance AG ( ISIN DE000A12UK08 ) announces changes to the Management Board.
  • In mutual agreement with the Supervisory Board, Management Board member Manfred Danner has not extended his contract and will therefore resign from the Management Board with effect from the end of 31 December 2023.
  • He gradually took on the role of a CFO and has been the sole member of the Management Board of Mountain Alliance AG since 1 July 2021.
  • I am convinced that he will guide the fortunes of Mountain Alliance AG to the utmost benefit of our shareholders.”

Prime Minister Honourable Dr Terrance Drew Unveils St Kitts and Nevis 2024 Budget Address

Retrieved on: 
Tuesday, December 19, 2023
Economic development, GDP, Grant, Gross domestic product, CBI, Public sector, Tourism, Investment, Pension fund

These pillars serve as the focal points for the 2024 budget address, laying the groundwork for sustainable development in St Kitts and Nevis.

Key Points: 
  • These pillars serve as the focal points for the 2024 budget address, laying the groundwork for sustainable development in St Kitts and Nevis.
  • Honourable Dr Drew acknowledged the achievements in tourism that received international recognition, positioning St Kitts and Nevis as a prominent destination in the Eastern Caribbean.
  • The 2024 Budget Address reflects the government's commitment to sustainable development, fiscal responsibility, and the well-being of St Kitts and Nevis’ citizens.
  • Honourable Dr Drew highlighted the 2022 fiscal landscape, emphasising challenges and achievements, particularly in debt management and economic recovery.

Milliman annual Public Pension Funding Study finds public pensions shifted portion of equity, fixed income assets to private equity and real estate

Retrieved on: 
Monday, December 18, 2023
Insurance, Human Resources, Labor, Finance, Consulting, Banking, Congressional News, Views, Professional Services, Public Policy, Government, Other Policy Issues, Milliman, Pension fund

Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its annual Public Pension Funding Study (PPFS), which explores the funded status of the nation’s 100 largest public defined benefit pension plans.

Key Points: 
  • Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its annual Public Pension Funding Study (PPFS), which explores the funded status of the nation’s 100 largest public defined benefit pension plans.
  • It includes detailed analysis of cash flows, cost of benefits, and total pension liability, as well as funding projections through November 30, 2023.
  • “From 2013 through 2022, the PPFS asset allocation was largely stable, but our 2023 study saw a noticeable move from equity and fixed income into private equity and real estate,” said Becky Sielman, co-author of Milliman’s PPFS.
  • “In addition, the 2023 study found a 10% increase in retiree population.”
    To view Milliman’s annual Public Pension Funding Study, go to http://www.milliman.com/ppfs .

COSTCO WORKERS IN VIRGINIA JOIN TEAMSTERS

Retrieved on: 
Thursday, December 21, 2023
Policy, International Brotherhood of Teamsters, International, Local, Costco, Human, Workplace, Teamster, Pension fund

NORFOLK, Va., Dec. 21, 2023 /PRNewswire/ -- Costco workers in Norfolk, Va., voted overwhelmingly yesterday to join Teamsters Local 822, marking the union's first organizing victory at the wholesale retailer in two decades. The 238-worker group seeks strong representation to address years of concerns and improve working conditions.

Key Points: 
  • NORFOLK, Va., Dec. 21, 2023 /PRNewswire/ -- Costco workers in Norfolk, Va., voted overwhelmingly yesterday to join Teamsters Local 822, marking the union's first organizing victory at the wholesale retailer in two decades.
  • Thomas and his co-workers will now join more than 18,000 Teamsters at Costco nationwide.
  • In October 2022, the Teamsters ratified a first-ever national master agreement for Costco workers.
  • Every Costco worker in the U.S. needs to get on board and join the Teamsters," said Tom Erickson, Director of the Teamsters Warehouse Division and Teamsters Central Region International Vice President.

WORKERS AT UPS-CSI JOIN TEAMSTERS LOCAL 243

Retrieved on: 
Thursday, December 21, 2023
CSI, International Brotherhood of Teamsters, UPS, Local, Pension fund

ROMULUS, Mich., Dec. 21, 2023 /PRNewswire/ -- Workers at UPS Cartage Services Inc. (CSI) have voted overwhelmingly to join Teamsters Local 243.

Key Points: 
  • ROMULUS, Mich., Dec. 21, 2023 /PRNewswire/ -- Workers at UPS Cartage Services Inc. (CSI) have voted overwhelmingly to join Teamsters Local 243.
  • Office workers at other CSI locations are also organizing with the Teamsters Union, which represents hundreds of CSI dock workers, drivers, and clerks in various parts of the country.
  • We welcome the newest members from Local 243 and look forward to welcoming more CSI workers to the Teamsters," said Ron Seamans Jr., CSI Director of the Teamsters Package Division.
  • Teamsters Local 243 represents workers in a wide variety of industries throughout Michigan.

UNFI WORKERS IN PENNSYLVANIA JOIN TEAMSTERS

Retrieved on: 
Wednesday, December 20, 2023
Abuse, International Brotherhood of Teamsters, United Natural Foods, Local, Human, UNFI, Pension fund

WHITEHALL, Pa., Dec. 20, 2023 /PRNewswire/ -- For the second time in under a week, drivers at United Natural Foods, Inc. (UNFI) have voted to join the Teamsters. The 189-worker group stood strong against the company's anti-union tactics to win representation with Teamsters Local 773 in Whitehall, Pa.

Key Points: 
  • WHITEHALL, Pa., Dec. 20, 2023 /PRNewswire/ -- For the second time in under a week, drivers at United Natural Foods, Inc. (UNFI) have voted to join the Teamsters.
  • The win in Pennsylvania follows recent organizing victories at UNFI in Iowa, Connecticut, California and Washington State, where drivers voted last week to join Teamsters Local 252 in Centralia, Wash.
  • "The Teamsters are on a winning streak at UNFI because workers are fed up and need a strong voice on the job," said Tom Erickson, Director of the Teamsters Warehouse Division.
  • The Teamsters encourage all UNFI workers to get on board as we shape a new way forward at this company.

TUCSON RED CROSS WORKERS JOIN TEAMSTERS

Retrieved on: 
Wednesday, December 20, 2023
American Red Cross, Negotiation, Face, Solidarity, Chess title, Local, Teamster, International Brotherhood of Teamsters, Pension fund

TUCSON, Ariz., Dec. 20, 2023 /PRNewswire/ -- Fixed collections workers at two American Red Cross facilities in Tucson have voted overwhelmingly to join Teamsters Local 104 in Phoenix.

Key Points: 
  • TUCSON, Ariz., Dec. 20, 2023 /PRNewswire/ -- Fixed collections workers at two American Red Cross facilities in Tucson have voted overwhelmingly to join Teamsters Local 104 in Phoenix.
  • "Over the course of the past year, we have seen American Red Cross workers from across the nation come together to form their union with the Teamsters," said Jason Lopes, Teamsters Health Care Director.
  • "In 2023 alone, we proudly welcomed hundreds of American Red Cross workers to the Teamsters.
  • These workers will join more than 1,800 other Red Cross workers represented by the Teamsters and immediately be covered by a National Master Agreement between the Teamsters and the American Red Cross.

Minister O'Regan announces the appointment of Angela Talic and the reappointment of Paul Moist to the Canada Industrial Relations Board

Retrieved on: 
Wednesday, December 20, 2023
CIRB, Public policy, Government, Canada Industrial Relations Board, Occupational safety and health, ILWU, Retirement, Congress, Blue Diamond Growers, Canada Labour Code, University, Senior, Large, Faculty, Violence, Part, CUPE, Faculty (division), Manitoba Public Insurance, Public Policy Forum, Policy, Port, Service provider, Pension fund

Today, Minister of Labour, Seamus O'Regan Jr., announced the appointment of Angela Talic and the reappointment of Paul Moist to the Canada Industrial Relations Board (CIRB) as members representing employees.

Key Points: 
  • Today, Minister of Labour, Seamus O'Regan Jr., announced the appointment of Angela Talic and the reappointment of Paul Moist to the Canada Industrial Relations Board (CIRB) as members representing employees.
  • From 2012 to 2014, she served as the Vice-President at Large of the International Longshore and Warehouse Union (ILWU) Canada.
  • "The Canada Industrial Relations Board is trusted and respected by employers and unions right across this country.
  • Angela and Paul's appointment and reappointment to the Board will serve it well in the years to come."

TEAMSTERS REACH TENTATIVE AGREEMENT AT DHL-CVG TO END 12-DAY STRIKE

Retrieved on: 
Tuesday, December 19, 2023
National Labor Relations Board, Workforce, International Brotherhood of Teamsters, Dignity, Local, CVG, DHL, Lorenz gauge condition, Cincinnati/Northern Kentucky International Airport, Pressure, Teamster, Pension fund

WASHINGTON, Dec. 19, 2023 /PRNewswire/ -- After a 12-day unfair labor practice strike that united thousands of Teamsters in nationwide picket line extensions, the Teamsters Union has reached a tentative agreement with DHL Express to bring all members back to work. The agreement protects 1,100 ramp and tug workers of Teamsters Local 100 at Cincinnati/Northern Kentucky International Airport (CVG) who were forced out on strike on Dec. 7.

Key Points: 
  • The agreement protects 1,100 ramp and tug workers of Teamsters Local 100 at Cincinnati/Northern Kentucky International Airport (CVG) who were forced out on strike on Dec. 7.
  • "'Teamsters don't cross picket lines' isn't just a saying — it means something in our union, and it works.
  • As strike action continued, Teamsters representatives kept the pressure on DHL to negotiate around the clock to reach the tentative agreement.
  • The final tentative agreement will be presented to Local 100 members at CVG for a ratification vote as soon as possible.

Nordea Bank Abp: Repurchase of own shares on 10.11.2023

Retrieved on: 
Tuesday, December 26, 2023
RNS, MAR, EUR, Council, Appendix, European Parliament, London Stock Exchange, Treasury, Pension fund, Nordea

The repurchase of own shares is executed in public trading in accordance with Regulation No.

Key Points: 
  • The repurchase of own shares is executed in public trading in accordance with Regulation No.
  • 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052.
  • After the disclosed transactions, Nordea holds 13,222,802 treasury shares for capital optimisation purposes and 4,787,315 treasury shares for remuneration purposes.
  • On behalf of Nordea Bank Abp,
    This information is provided by RNS, the news service of the London Stock Exchange.