by Ron DeLord | Apr 10, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Mayor Rahm Emanuel said Thursday he’s back at the bargaining table with organized labor in hopes of squeezing through the window the Illinois Supreme Court cracked open, even as it overturned his plan to save two of four city employee pension funds. “I don’t agree...
by Ron DeLord | Apr 10, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
A non-profit funded by Texas billionaire John Arnold will pour a quarter-million dollars into an independent expenditure committee to support the campaign to help repair Arizona’s financially fragile pension system for public-safety workers, The Arizona...
by Ron DeLord | Apr 10, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions
There was bad news coming out of Illinois last week. But what happens in Illinois doesn’t necessarily stay in Illinois — particularly when what happens is related to much needed pension reform. As reported by the Chicago Tribune’s Hal Dardick on Thursday, the Illinois...
by Ron DeLord | Apr 10, 2016 | Collective Bargaining, Fire, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
San Bernardino will pay the holders of its pension obligation bonds 40 percent of what they’re owed, reducing the total payments to one of its largest creditors by about $45 million, according to a settlement between the bankrupt city and those creditors. The deal...
by Ron DeLord | Apr 10, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
JUNEAU, Alaska (AP) — Bills calling for increased local contributions to two state pension programs and an overhaul of a community assistance program have been proposed in the Alaska Senate as lawmakers look to further cut costs amid a bulging budget deficit. Measures...
by Ron DeLord | Apr 10, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Detroit — The city’s financial officer on Monday said the city could add $30 million this fiscal year to pay into the city’s two pension funds, three times more than initially planned. “It’s our expectation that … we’ll have an additional $20 million-$30 million that...
