And if the creditor is a pension fund, the debt capital never gets taxes.
TIAA-CREF, a pension fund for American academics, is also run on a co-op basis.
ECONOMIST: Workers are sleepwalking towards an impoverished old age
Others build up a pension fund which can be used to buy an annuity.
If you're a pension fund and your liability structure is 15 years, it should probably be 50%.
Overoptimistic assumptions about future earnings on a pension fund artificially prop up earnings and thus rate a minus.
The tipping point was the disclosure that allies of Mugabe had looted a pension fund for war veterans.
There are myriad ways in which a pension consultant may derive financial benefit from a pension fund it advises.
FORBES: Compelling Pension Consultant Disclosure (June 1, 2002 )
This is a pension fund company that my retirement money is invested in.
FORBES: TIAA-CREF Suddenly Drops Micro-Cap Stocks from Large Cap Funds
And not being conservative enough in making assumptions about returns on plan portfolios can quickly and easily sink a pension fund.
According to Watson Wyatt, the average cost of running a pension fund has increased by 50% over the past five years.
ECONOMIST: Workers are sleepwalking towards an impoverished old age
Sacked workers with more than three years' tenure can either take the money or have it paid into a pension fund.
ECONOMIST: The OECD softens its line on labour-market reform
The very role of a fiduciary to a pension fund is to ensure those providing services to the plan are held accountable.
AZL, a pension fund management company in the Netherlands, uses Splunk to automate investigation of security incidents to prepare monthly compliance reports.
Brent Burns : Well, we think about investors in the same way that a pension fund would think about its pool of pensioners.
It is estimated that about 18 million people in the UK either own BP shares or pay into a pension fund that holds BP shares.
In theory, a focus on low volatility makes little sense for a pension fund or college endowment which has the luxury of taking the longer-term view.
ECONOMIST: Smooth returns can be a sign of danger for investors
Banks often design complicated trading strategies that help a customer, such as a pension fund or a wealthy individual, circumvent regulatory requirements or reduce tax liabilities.
On their recommendation, a pension fund will invite three or four investment advisers, out of a universe of thousands, to pitch for a piece of its business.
Like many other underground movements in South Africa, members of the BMW group have gone without the benefits promised to veterans, such as healthcare and a pension fund.
Retirees do better than the cap sometimes: Money left over from a pension fund's holdings after PBGC has seen that all of the insured have been paid goes to retired workers.
So the way it measures liabilities is to calculate the quantity of assets a pension fund should ideally hold to meet future pension payments if all those assets were in low-risk bonds.
Simple, soften them up with a long campaign about how a pension fund deficit is threatening the future of the company - and therefore their jobs - then ask them to pay more for their pensions.
It is an absolute travesty that people who have paid into a pension fund for over forty years with an expectation of a reasonable pension at the end of it, have had that snatched away from them.
Another investigation involving the same consultant is underway at the Ohio Bureau of Workers Compensation and while it does not involve a pension fund, the findings of that investigation, including scrutiny of the pay-to-play activities of the fund 145 money managers, will impact pensions.
FORBES: The Future of the Consulting Industry Speech, (September 19, 2005)
Alberta Investment Management Corporation, a Canadian pension fund, and Jana Partners, a hedge fund, have pressed TNT, a Dutch mail and shipping company, to break itself into two.
Canadian law enforcement arrested Dreier in early December, alleging he impersonated the senior counsel of a major Canadian pension fund in a meeting with Fortress Investment Group at the offices of the pension fund.
Democrats had favoured the appointment of John Biggs, head of a large pension fund, and a known reformer.
It is worth keeping prices down to attract a big pension fund and hence a critical mass of assets to manage.
Meanwhile, Oakland Tribune columnist Daniel Borenstein notes that his city has levied what he calls a "hidden pension tax" on property owners for decades to pay off a municipal pension fund that went bust in 1976.
WSJ: Steven Malanga: How Retirement Benefits May Sink the States
Investing a large part of a corporate pension fund in the company's own shares turned out to be a particularly bad idea: when Enron went bust, many of its employees lost their entire pension entitlement.
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