Galveston County retirees weigh private plan against Social Security
In Galveston Texas a private retirement plan for county workers long praised by proponents faces scrutiny from those who say Social Security would have offered steadier cost of living and retirement security. Officials note the Galveston model pools 6.2 percent of salary plus contributions, managed by First Financial Benefits Inc., with returns claimed higher than Social Security but critics cite inflation indexing and withdrawal limits. Evelyn Robison, a long time county worker, says Social Security would have paid more for her and that the private plan is not a full replacement.
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Galveston
Texas
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Bretoria
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Massachusetts
Ohio
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Ricohanl Gurnte
First Financial Benefits Inc
Social Security Administration
Gornto
Haibrook
Evelyn Robison
Robison
Galveston County
Avon Taft credits to bring new jobs to Avon
Governor Bob Taft announced eight projects receiving tax credits to spur job growth in Avon. The plan includes Carroll Manufacturing moving from Westlake to Avon and adding 25 new jobs within five years while transferring 45 existing roles. Immersion wins $82 million in Sony patent case after jury verdict and stay pending appeal.
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Avon
Bob
Ity
Carroll Manufacturing
Wii
San Hose
Calif
Sony Cupp
U.S
PlayStation
Sony
Sani Jose
Oakland
Entil
Srom
Digital age reshapes American Greetings with new CEO
Weiss, the first chief executive officer from outside the founder line, leads American Greetings as it blends traditional card sales with AG Interactive online operations. The firm earns about 60 million yearly from digital ventures while sustaining 56 percent card sales and a largely female customer base.
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Brooklyn
der Weiss
American Greetings Elmerst
Weiss
Wellss
Internet Greetings
Through &Mail
AG Interactive
American Greetings.com
BlueMountain.com
BlueMountainCards Co.uk
Egreetings.com
Deatgreets.com
Midiringtones.com
Appile Zev Weiss
American Greetings Corp
Cleveland
Judge OKs Ormet bankruptcy plan amid retiree health cost rise
A Columbus judge allowed Ormet Corp to proceed from bankruptcy and raise retiree health insurance premiums while citing a path to exit. The ruling also requires two days of weekly negotiations with the United Steelworkers and recognizing retirees as creditors for lifetime health losses. About 1,860 of 2,640 retirees are affected.
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Ormet Corp
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Fuge
Unite Steel Workers of America
Dudge Barbara Sellers
Ormet
Metwo
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Quure
Michael Williams
Toomey
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Hannibal
Abost
Columbus
Wheeling
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