by rondelord | Aug 27, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Legal challenges continue to pose problems for municipalities seeking to cut their pension obligations in California, according to Fitch Ratings, but a voter initiative could present a bigger challenge to unions and retirees. Fitch said that a recent legal settlement...
by rondelord | Aug 27, 2015 | Collective Bargaining, Fire, Labor, Police, Public Employees (Non-Sworn), Unions
Negotiating who gets paid how much for what at the Marin Civic Center will remain behind closed doors as county supervisors rebuffed civil grand jury proposals to let the light shine in. The county board Tuesday dismissed a call by the grand jury for a more open...
by rondelord | Aug 27, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
It’s well-known that there’s a huge financial hole in state-sponsored retirement plans for public employees, a hole that states will eventually have to fill with tax increases and spending cuts. There is, however, still considerable debate as to the size of this...
by rondelord | Aug 27, 2015 | Collective Bargaining, Fire, Labor, Police, Politics, Unions
(APN) ATLANTA — City of Atlanta police and firefighters packed the public comment section of the Atlanta City Council’s Full Council Meeting on Monday, August 17, 2015. They were there to demand a pay increase that was denied them when 3,000 city workers received a...
by rondelord | Aug 27, 2015 | Collective Bargaining, Fire, Health Insurance, Labor, Police, Politics, Public Employees (Non-Sworn), Unions
TRENTON — Hundreds of thousands of public workers could continue to make higher contributions toward their health insurance premiums for several more years under a new ruling by the state agency that governs public employer-employee relations. The decision by the...
by rondelord | Aug 22, 2015 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Amid the nationwide panic over the rising costs of public employee pensions, one proposed solution is nearly universal: States and municipalities should shutter their traditional defined benefit plans and place all new employees in a 401(k)-style defined contribution...
