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Billions In Pension Shortfalls Threatening Texas Cities’ Budgets

Billions In Pension Shortfalls Threatening Texas Cities’ Budgets

by Ron DeLord | Jan 10, 2017 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

The state’s largest cities face tens of billions of dollars in unfunded liabilities to employee pension funds, a series of separate financial situations that is spurring massive account withdrawals, ongoing lawsuits, mounting political friction and national media...
Police hopeful Donald Trump will usher in new era of respect for law enforcement

Police hopeful Donald Trump will usher in new era of respect for law enforcement

by Ron DeLord | Dec 5, 2016 | Collective Bargaining, Labor, Police, Politics, Unions

Police organizations have high hopes for President-elect Donald Trump. But at the top of their wish list isn’t proposed legislation or policy — rather they hope the self-proclaimed “law and order” candidate can usher in a new era of respect and support for law...
In retirement fight, GOP confronts cops, firefighters

In retirement fight, GOP confronts cops, firefighters

by Ron DeLord | Dec 5, 2016 | Collective Bargaining, Fire, Health Insurance, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

LANSING — Republican lawmakers are colliding head-on with Michigan’s most powerful public-sector unions after abruptly introducing bills during  the lame-duck Michigan Legislature session aimed at curbing billions of dollars in unfunded post-retirement health...
Billions In Pension Shortfalls Threatening Texas Cities’ Budgets

Billions In Pension Shortfalls Threatening Texas Cities’ Budgets

by Ron DeLord | Dec 5, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

The state’s largest cities face tens of billions of dollars in unfunded liabilities to employee pension funds, a series of separate financial situations that is spurring massive account withdrawals, ongoing lawsuits, mounting political friction and national media...
South Carolina’s looming pension crisis

South Carolina’s looming pension crisis

by Ron DeLord | Dec 5, 2016 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

Years of ill-timed investments and a refusal to abandon questionable strategies have left South Carolina’s government pension plans on the ropes, with a massive funding gap that threatens promised benefits to future retirees. The plans serve roughly one out of...
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