by rondelord | Jan 20, 2015 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
WILKES-BARRE — More pension funds in communities across the state find themselves in danger than ever before. A state report finds 562 cities, boroughs, and townships with pension plans listed as distressed or taking in far less money than they are paying out. The...
by rondelord | Jan 14, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
TRENTON — New Jersey’s police union didn’t wait for Gov. Chris Christie’s to mention pensions in his State of the State today to criticize the governor’s record on supporting the state’s ailing retirement system. Patrick Colligan, president of the New Jersey State...
by rondelord | Jan 14, 2015 | Collective Bargaining, Fire, Health Insurance, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Attorneys for state government are asking the Illinois Supreme Court to reinstate a controversial law curbing public employee pensions, contending that constitutional protections of retirement benefits are not absolute. The arguments by Illinois Attorney General Lisa...
by rondelord | Jan 14, 2015 | Collective Bargaining, Labor, Pensions, Politics, Public Employees (Non-Sworn), Unions
CINCINNATI (AP) – Final details of a deal reached recently to fund the city of Cincinnati’s pension system are being worked out between the city and workers, with officials hoping to submit the final agreement for a federal judge’s approval within a few weeks....
by rondelord | Jan 14, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
San Bernardino County’s contribution to its employee pensions will increase by $35.6 million in the next year, attributed to reduced rates on investment returns and increased life expectancies for pensioners, according to the county’s chief financial officer. And...
by rondelord | Jan 14, 2015 | Collective Bargaining, Labor, Pensions, Police, Politics, Unions
Editor’s Note: The following article addresses an ongoing debate: Are local police departments in California where pension reforms have been enacted, San Diego and San Jose in particular, losing officers and new hires faster than they can replace them because of these...