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Manitoba Telecom reaches deal with unions, retirees over pension surplus funds
2014-09-25 04:00:05| IT Services - Topix.net
Manitoba Telecom Services Inc. says it has reached agreement with its unions and retirees over implementing a court ruling that a multimillion-dollar pension surplus that existed when the former Manitoba Telephone System was privatized in 1997 belonged to the workers and retirees. Manitoba Telecom said the company and its advisory have been working closely with its unions and retiree representatives for several month to develop an implementation plan, which it said was "unanimously agreed to" Wednesday by all parties.
Tags: deal
funds
telecom
pension
Manitoba Telecom reaches deal with unions, retirees over pension surplus funds
2014-09-25 03:06:36| Telecom - Topix.net
Manitoba Telecom Services Inc. says it has reached agreement with its unions and retirees over implementing a court ruling that a multimillion-dollar pension surplus that existed when the former Manitoba Telephone System was privatized in 1997 belonged to the workers and retirees. Manitoba Telecom said the company and its advisory have been working closely with its unions and retiree representatives for several month to develop an implementation plan, which it said was "unanimously agreed to" Wednesday by all parties.
Tags: deal
funds
telecom
pension
VIDEO: Are you on board the pension bus?
2014-09-15 11:29:15| BBC News | Business | UK Edition
Half of all adults between the age of 18 and 60 still do not have a pension, with millions saying they simply can not afford it.
PSP Investments, GIC And Ontario Teachers' Pension Plan Agree To Invest $700M In XPO Logistics
2014-09-12 03:10:28| Logistics - Topix.net
XPO Logistics, Inc. today announced that it has entered into a definitive agreement with PSP Investments, GIC, Singapore's sovereign wealth fund, and Ontario Teachers' Pension Plan to invest a total of $700 million in XPO to accelerate the company's growth strategy. The company will receive all of the net proceeds, which it intends to use primarily for unspecified acquisitions.
PSP Investments, GIC and Ontario Teachers' Pension Plan Agree to Invest $700 Million in XPO Logistics
2014-09-12 03:10:27| Logistics - Topix.net
The company will receive all of the net proceeds, which it intends to use primarily for unspecified acquisitions. There are no selling shareholders.
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