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KNTV Today July 3, 2024

Commute. First, things are picking up in the weather department. Kari has a look at the forecast. Were starting out with fog, but it will be warmer as we go into the afternoon and theres dense fog thats been drifting around the north bay and along the coastline. Look at novato, visibility down to zero, so be very careful driving through the north bay. Some of those valleys are seeing the visibility drop very quickly over a short distance. As we take a look at east bay commute, were sorting out cloudy, temperatures in the low 60s this morning. Gradually well start to see the sky clearing and our temperatures warming up. Well be in the low 70s at 1 00. As we take a look at all of our microclimates, it will be a warm day, in the east bay reaching about 86 degrees. Well see where we could see 90s in a few minutes. Mike, more notes for the commuters. More notes im passing along. Were looking at the backup at the bay bridge and the metering lights were turned on just before 5 30, which tends ....

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Israel joins European standouts with highest rating in Mercer pension index

For the third consecutive year the retirement income systems of The Netherlands, Iceland and Denmark were given the highest rating in the Mercer CFA Institute Global Pension index, with Israel also joining the top rank this year. ....

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Commentary: Without a national retirement policy, Americans face a future of pension crises

Commentary: Without a national retirement policy, Americans face a future of pension crises
David S. Blitzstein
David Blitzstein
The last time Congress thought holistically about U.S. retirement policy was 40 years ago in 1981. The ill-timed President s Commission on Pension Policy established under executive order by President Carter in 1979 issued its report in early 1981, only to be discarded by the incoming Reagan administration and forgotten by future presidents and Congresses.
Perhaps it is time to revisit that forgotten report. The commission called for mandatory employer contributions at a minimum of 3% of payroll for every employee over age 25 and 1,000 hours of employment (the so-called minimum universal pension system or MUPS) to be administered in employer pension plans or through a clearinghouse managed by the Social Security Administration; enactment of a Public Employee Retirement Income Security Act for state and local government plans modeled on E ....

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