by rondelord | Jan 20, 2015 | Collective Bargaining, Health Insurance, Labor, Pensions, Police, Politics, Unions
The “Thin Blue Line” of Memphis Police officers is becoming even thinner. FOX13 News has obtained a Memphis Police document confirms the resignation of two dozen police officers and the retirement of several others since the start of the January. This...
by rondelord | Jan 20, 2015 | Fire, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
In a move reflecting more realistic expectations, Marin pension trustees cut a key investment return assumption a quarter percent Wednesday, meaning member agencies and employees will pay more to finance the program. Pension chief Jeff Wickman said Marin joins Orange...
by rondelord | Jan 20, 2015 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Anybody who cares about higher taxes or cuts in basic services should be alarmed about how California’s exploding public employee retirement costs threaten our state’s fiscal future. Annual pension costs have almost tripled over the past decade and nearly every...
by rondelord | Jan 20, 2015 | Fire, Pensions, Police, Politics, Unions
DALLAS — A program that lets Dallas police officers and firefighters stay on the job and grow a tidy retirement nest egg has put the Dallas Police and Fire Pension System on the road to financial disaster. The pension fund has lost $325 million on its deferred...
by rondelord | Jan 20, 2015 | Collective Bargaining, Fire, Pensions, Police, Politics, Unions
The Police and Fire Pension Fund is asking the Florida Supreme Court to overturn a Government in the Sunshine ruling that found the pension fund engaged in collective bargaining and therefore must conduct such sessions in public. The First District Court of Appeal...
by rondelord | Jan 20, 2015 | Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
After the midterm election results there has been a lot of talk about the young people who didn’t turn out to vote. There are around 8 million millennials, people ages 18-to-35, in California. And the conventional wisdom has been that since they helped elect President...