by rondelord | Oct 16, 2014 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
ARKANSAS – Fort Smith leaders are expected to meet with state legislators Tuesday to talk about fire/police pension funding and an anticipated shortfall beginning in 2019. At the Fort Smith Board of Directors study session, state legislators and David Clark,...
by rondelord | Oct 16, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
PROVIDENCE — The high-stakes union challenge to the 2011 pension overhaul championed by state treasurer and Democratic candidate for governor Gina Raimondo is back on the court docket for next week. Raimondo has made the sweeping rewrite of state pension law an issue...
by rondelord | Oct 16, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Chicago’s unfunded pension obligations have ballooned to $37.3 billion — a more than three-fold increase since 2003 — because of inadequate employer contributions, declining investment income and a shrinking base of active employees, a taxpayers’ watchdog group has...
by rondelord | Oct 9, 2014 | Collective Bargaining, Fire, Health Insurance, Labor, Police, Politics, Unions
RACINE — A plan that would have required most Racine police officers and firefighters to pay draconian health insurance deductibles may be off the table completely. Gathered Tuesday evening at City Hall, 730 Washington Ave., members of the City Council had been slated...
by rondelord | Oct 9, 2014 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Pennsylvania legislators have known for some time that the state is $40 to $50 billion (that’s “billion” with a “b”) short of the money needed to cover future pension payments to state employees and teachers. There has been no shortage of...
by rondelord | Oct 9, 2014 | Collective Bargaining, Fire, Labor, Police, Politics, Unions
Gov. Jerry Brown has vetoed a bill that would have given public employee unions a greater say over who serves on the influential panels that issue decisions on labor-management disputes in L.A. city and county government. Brown said the measure, which would have...