by rondelord | May 30, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
CHICAGO — Illinois is facing one of the worst fiscal crises of any state in recent decades, largely because it has mismanaged its pension system. The shortfalls could potentially mean sharply higher taxes and cuts in spending. And even though the state’s highest court...
by rondelord | May 30, 2015 | Collective Bargaining, Fire, Health Insurance, Labor, Police, Politics, Unions
It’s been nearly two months since the city of San Antonio and the San Antonio Police Officers Association last met to discuss a new collective bargaining agreement. That stalemate is expected to drag on even longer, city officials said. The two sides last met on March...
by rondelord | May 30, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Mayor Rahm Emanuel’s plan to fix Chicago’s police and fire pension systems cleared its first hurdle at the Capitol on Friday, an approach that requires all city revenue from a Chicago casino to be paid into the funds and gives the city more time to restore the funds’...
by rondelord | May 30, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
The Governmental Accounting Standards Board is implementing new rules that require governments, for the first time, to report unfunded pension liabilities on their 2015 balance sheets. This sticker shock should create new urgency for meaningful pension reform. A...
by rondelord | May 30, 2015 | Collective Bargaining, Fire, Labor, Police, Politics, Public Employees (Non-Sworn), Unions
ALBUQUERQUE (KRQE)- The City Council Wednesday night, approved a budget which provides enough money to give police, firefighters and most other city employees a bump in pay. Mayor Berry is calling it a compromise and an example of what bipartisanship looks like. The...
by rondelord | May 30, 2015 | Collective Bargaining, Fire, Health Insurance, Labor, Police, Politics, Unions
When the Memphis City Council’s three-member impasse committee approved a 3 percent pay raise for Memphis police officers Thursday, May 21, it spoke volumes about the budget season at City Hall. It reflects the tension in the relationship between Mayor A C Wharton...
