by Ron DeLord | Oct 14, 2016 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
COLUMBIA — South Carolina’s 32,442 state employees are contributing more of their paychecks than ever to the state’s pension system, yet a deficit of $16.8 billion is projected to grow even more, representatives of state employee groups told lawmakers Tuesday. The...
by Ron DeLord | Oct 14, 2016 | Fire, Labor, Pensions, Politics, Unions
The announcement that Steve Cassidy was stepping down as president of the Uniformed Firefighters Association after 14-plus years as president to become Executive Director of the newly-independent Fire Pension Fund produced a flashback to a more-tumultuous era in the...
by Ron DeLord | Oct 14, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Ongoing litigation over San Diego’s 2012 pension cutbacks could be costly for the city, but no one knows how costly and opinions vary widely. Estimates in recent months of a potential city payout have ranged from $100 million down to less than $20 million, but even...
by Ron DeLord | Oct 14, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions
For the first time in at least a decade, the City of Omaha and its police and firefighters are putting enough into their pension plan, according to an actuarial analysis. That’s the good news from the 2015 actuarial report on Omaha’s police and fire pension fund. The...
by Ron DeLord | Oct 14, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Wisconsin’s fully funded, one-of-a-kind pension system surprises people, but not those who know the legendary thrift of Gary Gates. While serving for two decades as the head of the state’s multibillion-dollar pension fund, Gates didn’t throw out...
by Ron DeLord | Sep 26, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions
DALLAS — Still recovering from the July sniper attack that left five law enforcement officers dead, the Dallas Police Department is facing a new crisis as its pension fund approaches insolvency and scores of officers, including Chief David Brown, announce unexpected...
