by Ron DeLord | Jan 24, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
GEORGIA – No Whitfield County employee will see any changes to their benefits, but the county plans to provide a different set of benefits to employees hired after Feb. 1. “I want to make that clear,” said Board of Commissioners Chairman Mike Babb. “We have 500...
by Ron DeLord | Jan 24, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
How’s your 401(k) doing? If you have stocks in it, not well. How are government pensioners doing? Fabulously well, some of them. A database of pensions maintained by the Empire Center for Public Policy, a fiscal watchdog in Albany, shows firefighters retiring on up to...
by Ron DeLord | Jan 7, 2016 | Collective Bargaining, Labor, Pensions, Police, Politics, Unions
The Nebraska Supreme Court has upheld a decision that kept the Omaha police union’s contract in effect after its end date, cementing a union victory. In affirming the lower court’s decision, the court described part of the city’s case as “absurd” and a lack of written...
by Ron DeLord | Jan 7, 2016 | Fire, Labor, Pensions, Police, Politics, Unions
SAN DIEGO — The state Public Employment Relations Board ordered the city of San Diego to offer retroactive pensions to about 2,000 city employees who were hired after voters approved a pension reform measure backed by Mayor Jerry Sanders in 2012. Proposition B, passed...
by Ron DeLord | Jan 7, 2016 | Collective Bargaining, Labor, Pensions, Police, Politics, Unions
San Bernardino’s plan to exit bankruptcy, possibly next year, cuts the pensions of 23 retired police officers who receive an unusual supplement to their regular CalPERS pension. The supplement paid through a private-sector firm, the Public Agency Retirement System,...
by Ron DeLord | Dec 17, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Along with “mortgage-backed securities” and “bank-owned homes,” one of the chief bogeymen of the bad old days of the Great Recession was the phrase “pension liabilities.” As you watched your 401(k) and quite possibly your home...
