by Ron DeLord | Jul 8, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
MEMPHIS, TN – The new pension plan for Memphis City employees with fewer than seven and a half years on the job is now in place. Mayor Jim Strickland says, for younger employees, the new hybrid pension plan is better. But the police and firefighters association,...
by Ron DeLord | Jul 8, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
In January 2013, Gov. Jerry Brown bragged about the state’s new commitment to fiscal responsibility. He talked about “living within our means and not spending what we don’t have.” A year later, in his State of the State address, Brown insisted that “fiscal discipline...
by Ron DeLord | Jul 8, 2016 | Collective Bargaining, Labor, Pensions, Police, Politics, Unions
With all the pension scams in our state’s loophole-ridden system, even this we don’t allow: At the Port Authority, a bistate agency, employees are permitted to run up their lifetime pensions by heaping on overtime pay in their final years. Think about what...
by Ron DeLord | Jul 8, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
A half-cent sales tax on the Aug. 30 ballot got backing Monday from the Jacksonville Civic Council, an influential group of business executives that has been pushing since 2013 for a fix to the city’s pension woes. If approved by voters, the half-cent sales tax would...
by Ron DeLord | Jun 26, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Officials in Springfield, Massachusetts have taken steps to shore up the city’s severely underfunded municipal employee pension fund. The city has established a new reserve fund to earmark money for the retirement system and allocated an initial $1 million that was...
by Ron DeLord | Jun 26, 2016 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
In testimony to the Democratic National Committee’s Platform Committee, Californians for Retirement Security called for national action to address the nation’s retirement security crisis. The following is the complete text of the testimony: Hello, my name is Ben...
