by rondelord | Jun 8, 2015 | Collective Bargaining, Fire, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
SAN DIEGO —A proposed ballot measure unveiled Thursday would reduce pension payments for state and local government employees in the nation’s most populous state. Former San Diego Councilman Carl DeMaio and former San Jose Mayor Chuck Reed will try to tap the...
by rondelord | Jun 8, 2015 | Collective Bargaining, Labor, Pensions, Politics
HARRISBURG — Pennsylvania’s state troopers and corrections officers have a message for legislators considering a pension overhaul for state and public school workers: Don’t include us. Joseph Kovel, president of the Pennsylvania State Troopers Association, told a...
by rondelord | Jun 8, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
A recent study pegged the debt of state and local government pension plans at $4.7 trillion. If politicians and voters fail to adopt reforms, younger people will be stuck paying off a massive and growing debt they did not create or approve. State and local government...
by rondelord | Jun 8, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Four years after a strident confrontation with organized labor he later regretted laid the groundwork for a more cooperative relationship, Mayor Rahm Emanuel will strike a dramatically different tone on Wednesday. The mayor has summoned leaders of virtually every...
by rondelord | Jun 8, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
The City of Omaha’s two pension funds earned smaller investment returns last year as the city tries to dig itself out of its pension shortfall. The city expects a return of about 8 percent each year. In 2014, the fire and police pension fund returned 4.9 percent and...
by rondelord | Jun 8, 2015 | Collective Bargaining, Health Insurance, Labor, Pensions, Police, Politics, Unions
They’re the little extras tacked on to “pensionable pay” – from mainstays like chunks of unused leave time to such oddities as the “motorcycle bonus” and “confined space pay.” Add them up, and some public workers in Orange County are boosting their “final average...
