by Ron DeLord | Feb 7, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Unfunded public pensions threaten the fiscal solvency of states and localities across the country. And California is not immune. Back in 2012, San Diego voters recognized the threat and overwhelmingly supported Proposition B, a set of pension reforms that is helping...
by Ron DeLord | Feb 7, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions
Accountants analyzing Niles’ police and fire pension funds are recommending increased funding for firefighter pensions and a decrease for police pensions. Because firefighters are living longer and police officers are living shorter lives than the last time a...
by Ron DeLord | Feb 7, 2016 | Collective Bargaining, Labor, Pensions, Police, Politics, Unions
COSTA MESA – The city’s police union has worked 578 days without a permanent contract in place, but that might soon change after the Costa Mesa Police Association announced Wednesday that it had reached a tentative agreement with the city. The new contract proposal...
by Ron DeLord | Feb 7, 2016 | Fire, Labor, Pensions, Police, Politics, Unions
Houston isn’t ready to boost property taxes like Chicago did even as it considers extending repayment of its debt and works to plug its more than $5 billion pension shortfall, Mayor Sylvester Turner said. Moody’s Investors Service revised its Houston outlook to...
by Ron DeLord | Jan 24, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
SACRAMENTO, Calif. —Proponents of voter initiatives to curb public pensions in California said Monday they will no longer try to get a measure on the ballot this year. Former San Jose Mayor Chuck Reed and former San Diego Councilman Carl DeMaio said they will instead...
by Ron DeLord | Jan 24, 2016 | Collective Bargaining, Fire, Health Insurance, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
SHORTLY after his exit from an abbreviated presidential run last fall, Gov. Scott Walker of Wisconsin returned to a more successful undertaking: dismantling what remains of his state’s century-old progressive legacy. Last month, Mr. Walker signed a bill that allowed...
