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Editorial Getting more realistic on L.A. pension returns

by rondelord | Dec 1, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

In the last year, all three of Los Angeles’ public employee pension funds have recalculated their too-rosy estimates of how much they will earn in the years ahead. Those lowered earning forecasts may cost the city in the short term — if it has to deposit more...

Police, fire layoffs planned

by rondelord | Dec 1, 2014 | Collective Bargaining, Fire, Labor, Police, Politics, Unions

City department heads proposed eliminating 27 full-time jobs through layoffs and leaving vacant positions empty next year under $1.5 million in budget cuts submitted Friday to the City Council. The spending reductions amount to 2.3 percent of the $66.1 million budget...

Ty Cobb: Pay for Reno city workers crippling budget

by rondelord | Dec 1, 2014 | Collective Bargaining, Fire, Labor, Police, Politics, Public Employees (Non-Sworn), Unions

Reno City Manager Andrew Clinger has called on public employee unions to make compromises in order for the city to rein in rapidly rising compensation costs. Clinger is concerned that Reno is facing a double challenge: revenues are still at least $10 million below the...

Question for legislators: How much information about Kentucky pensions should be public?

by rondelord | Dec 1, 2014 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

The 2015 Kentucky General Assembly, which starts Jan. 6, will be asked to devote billions of dollars in additional debt and spending to shore up the struggling pension funds that cover state workers and school teachers. But critics say the tax-subsidized pension...

Appellate court dismisses pension measure challenge

by rondelord | Dec 1, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

A California appellate court has dismissed a case that claimed language used to describe a pension ballot measure was biased. Sacramento’s 3rd District Court of Appeal “dismissed as moot” former San Jose Mayor Chuck Reed’s appeal of a lower court ruling that Attorney...

Third party to assess health care costs in city, police, fire union dispute

by rondelord | Dec 1, 2014 | Collective Bargaining, Fire, Health Insurance, Labor, Police, Politics, Unions

SAN ANTONIO – City leaders and officials representing the police and fire unions have agreed to seek the services of an unbiased, third-party actuarial firm to assess the heavily disputed health care costs put forward by both the city and unions. San Antonio...
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