| Va. House cuts hit schools, health safety net (AP) The Virginia House of Delegates on Sunday proposed a dire new state budget that slashes Medicaid funding and eligibility, and increases school class sizes while reducing public school funding, while a competing Senate plan also calls for big cuts to Medicaid but restores many of the cuts to education. us.rd.yahoo.com |
Automaker Pensions Underfunded by $17 Billion The pension plans at General Motors and Chrysler could fail if the automakers do not return to profitability, according to a government report. nytimes.com |
Women get £7,000 less in retirement A significant gap between men and women's retirement income has been laid bare in a damning new report thisismoney.co.uk |
Retirement: What's your magic number? Question: Everyone talks about 'the number,' but what does it tell you? -- ROBERT C., Los Gatos, Calif. money.cnn.com |
Unhappy savers made to work through 60s A powerful mix of under-investing and hikes to the state pension age will turn millions of careful savers into reluctant workers in their late 60s thisismoney.co.uk |