by Ron DeLord | Nov 8, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Ohio’s public pension systems could be in big trouble, according to a recent study, but that outlook can vary greatly depending on how much money they will make from the stock market over the years. The study, released Oct. 13 by the American Legislative...
by Ron DeLord | Nov 8, 2016 | Collective Bargaining, Fire, Labor, Politics, Unions
HARLINGEN — The local firefighters’ union and the city have reached a standstill. After more than three months of trying to negotiate a new contract, the parties have hit a roadblock as they tried to agree on salary, benefits and staffing levels, Lt. Julio Zetina,...
by Ron DeLord | Nov 8, 2016 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
The Public Employees’ Retirement System of Mississippi was hit with a quadruple fiscal whammy in fiscal 2016 that only worsens the defined-benefit pension system’s already shaky financial situation. According to the latest annual actuarial report, PERS — which serves...
by Ron DeLord | Nov 8, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
A year after his 2010 election, Gov. Jerry Brown made a rare appearance at a legislative committee hearing to confront lawmakers about the steep cost of public employee pensions — and to demand that they pass his 12-point pension overhaul. Brown challenged fellow...
by Ron DeLord | Nov 8, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions
A new report funded by an influential Texas billionaire calls for the state to let Dallas City Hall and taxpayers regain control of the Dallas Police and Fire Pension Fund. The report comes as city officials plan to push for more power over the system, which is...
by Ron DeLord | Nov 8, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
HARRISBURG, Pa. (AP) – Republican lawmakers in the Pennsylvania Legislature launched a new push Tuesday night to overhaul benefits in Pennsylvania’s two large public pension systems as the state grapples with tens of billions of dollars in pension debt. A...
