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Kansas Lawmakers OK Plan to Use Bonds for Pension System

by rondelord | Apr 9, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions

Kansas is expected to issue $1 billion in bonds to bolster its pension system for teachers and government workers after the Legislature authorized the debt. Some lawmakers see the move as potentially risky, and the votes in the Republican-dominated Legislature were...

City of El Paso: Revenue not keeping with expenses

by rondelord | Apr 9, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions

EL PASO, Texas – The El Paso City Council received a sobering report showing the City’s revenue is not keeping up with its expenditures. “All of these costs are growing at a fast pace while our revenues aren’t growing at the same rate”,...

Pension disputes threaten goodwill between city and unions

by rondelord | Apr 1, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions

The honeymoon is over. Just weeks after praising the Scranton police and fire unions for negotiating new contracts that are projected to save the city money, council and the mayor are at odds with the public safety workers over challenges relating to pensions. All...

CALPERS COULD OWE OBAMACARE $770 MILLION IN “CADILLAC TAX’

by rondelord | Apr 1, 2015 | Fire, Labor, Pensions, Police, Politics, Unions

California government entities and their unions are panicking because Obamacare’s punitive 40% “Cadillac Tax” beginning in 2018 will directly hit the low-deductible and broad-provider network type of “platinum” healthcare coverage that public employees have enjoyed...

Pontiac pensioners to be asked to pay back overpayments

by rondelord | Apr 1, 2015 | Fire, Labor, Pensions, Police, Politics, Unions

Pontiac — While retirees in other cities have seen pension benefits chipped away, city officials say the pension board in Pontiac has generously overpaid some of its retirees. They want the money back. At issue is about $659,000 in overpayments made to 600 retirees —...

Blue Flu Could Hit Memphis Again

by rondelord | Apr 1, 2015 | Collective Bargaining, Fire, Health Insurance, Labor, Pensions, Police, Politics, Unions

MEMPHIS, TN (localmemphis.com)–The flu that can’t be avoided by a shot could hit Memphis again. The city’s Chief Administrative Officer George Little says there’s nothing to worry about. And even though most of the negotiations have been on...
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