The Dallas Police and Fire Pension System’s Board of Trustees suspended lump-sum withdrawals from the pension fund Thursday, staving off a possible restraining order and stopping $154 million in withdrawal requests.
The system was set to pay out the weekly requests Friday. Pension officials said allowing the withdrawals would leave them without the liquid reserves required to sustain the $2.1 billion fund.
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They will blame James Comey and the FBI. They will blame voter suppression and racism. They will blame Bernie or bust and misogyny. They will blame third parties and independent candidates. They will blame the corporate media for giving him the platform, social media for being a bullhorn, and WikiLeaks for airing the laundry.
Read the Full Article: Source – The Guardian
Time For Truth: (The Guardian) – It was the Democrats' embrace of neoliberalism that won it for Trump
Tennis star Maria Sharapova will be reinstated as a UN goodwill ambassador when her suspension for using a prohibited drug expires next April, a UN statement says.
It says that the UN is looking forward to working with her to discuss her role “at an appropriate date”.
Read the Full Article: Source – BBC News
Time For Truth: (BBC News) – Maria Sharapova to be reinstated as UN ambassador
Death awaits all of us, but how patiently? To unlock the mystery of when we’re going to die, start with an actuary.
Specializing in the study of risk and uncertainty, members of this 200-year-old profession pore over the data of death to estimate the length of life. Putting aside the spiritual, that’s crucial information for insurance companies and pension plans, and it’s also helpful for planning retirement, since we need our money to last as long we do.
Read the Full Article: Source – Bloomberg
Time For Truth: (Bloomberg) – Americans Are Dying Faster. Millennials, Too
Ukrainian anti-corruption efforts are falling short because of political opposition to clean up years of post-Soviet misdeeds, the International Monetary Fund said.
The Washington-based lender urged the eastern European nation to show progress in fighting graft and pushing through other reforms, including sales of state assets and a revamp of the pension system, to keep cash from its $17.5 billion bailout loan flowing. Managing Director Christine Lagarde has warned in the past that financing could be cut off if sufficient headway isn’t made.
Read the Full Article: Source – Bloomberg
Time For Truth: (Bloomberg) – IMF Sees Ukrainian Politicians Curbing Anti-Corruption Efforts