by rondelord | Mar 9, 2015 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
STAMFORD – Mayor David Martin is asking for steep increases to fund pensions and retiree benefits for city employees as part of his annual budget proposal. The city to date has not met its obligations for its employees’ retirement benefits. Martin said...
by rondelord | Feb 27, 2015 | Collective Bargaining, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Feb 23 (Reuters) – Lawsuits seeking to void a law aimed at shoring up the finances of two Chicago pension funds have been put on hold pending a ruling by the Illinois Supreme Court on a law affecting state public retirement funds, participants in the litigation...
by rondelord | Feb 27, 2015 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
CARSON CITY — A bill seeking to change the public employees retirement system for future hires by switching to a mostly defined-contribution plan was introduced Monday in the Assembly. Assembly Bill 190, sponsored by Randy Kirner, R-Reno, seeks to eliminate the...
by rondelord | Feb 27, 2015 | Collective Bargaining, Fire, Health Insurance, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
MADISON, Wis. — It was a flashback to 2011: Hundreds of union members in hard hats and work boots waved signs under falling snow, denouncing Gov. Scott Walker and his fellow Republican lawmakers outside this Capitol building on Wednesday. Yet this time, their numbers...
by rondelord | Feb 27, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
A day after Governor Christie announced what he is calling a “road map for reform” on public employee pensions and health care, legislators and union leaders aren’t sure what exactly the next step is, but they say any progress is most likely to hinge on negotiating...
by rondelord | Feb 27, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
First in Detroit, then in Stockton, Calif., and now in New Jersey, judges and other top officials are challenging the widespread belief that public pensions are untouchable. Gov. Chris Christie of New Jersey delivered the latest blow on Tuesday, when he proposed to...