by rondelord | Jan 20, 2015 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Anybody who cares about higher taxes or cuts in basic services should be alarmed about how California’s exploding public employee retirement costs threaten our state’s fiscal future. Annual pension costs have almost tripled over the past decade and nearly every...
by rondelord | Jan 20, 2015 | Fire, Pensions, Police, Politics, Unions
DALLAS — A program that lets Dallas police officers and firefighters stay on the job and grow a tidy retirement nest egg has put the Dallas Police and Fire Pension System on the road to financial disaster. The pension fund has lost $325 million on its deferred...
by rondelord | Jan 20, 2015 | Collective Bargaining, Fire, Labor, Police, Politics, Public Employees (Non-Sworn), Unions
LANSING, Mich. (AP) — Michigan’s conservative Supreme Court is seeking to reconcile whether 31,000 unionized state employees are covered by a right-to-work law, hearing opposing arguments Tuesday on whether lawmakers stepped on the turf of a panel that regulates...
by rondelord | Jan 20, 2015 | Collective Bargaining, Fire, Pensions, Police, Politics, Unions
The Police and Fire Pension Fund is asking the Florida Supreme Court to overturn a Government in the Sunshine ruling that found the pension fund engaged in collective bargaining and therefore must conduct such sessions in public. The First District Court of Appeal...
by rondelord | Jan 20, 2015 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
WILKES-BARRE — More pension funds in communities across the state find themselves in danger than ever before. A state report finds 562 cities, boroughs, and townships with pension plans listed as distressed or taking in far less money than they are paying out. The...
by rondelord | Jan 14, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
TRENTON — New Jersey’s police union didn’t wait for Gov. Chris Christie’s to mention pensions in his State of the State today to criticize the governor’s record on supporting the state’s ailing retirement system. Patrick Colligan, president of the New Jersey State...
