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Council President Yarborough supports investigation into Police and Fire Pension Fund

by rondelord | Jan 10, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions

Jacksonville City Council President Clay Yarborough sent a letter on Tuesday to Gov. Rick Scott supporting a state investigation into the Jacksonville Police and Fire Pension Fund. In his letter, Yarborough said he stands with state Rep. Janet Adkins, who asked Scott...

Memphis firefighters face increased resignation amid pension reform

by rondelord | Jan 10, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions

MEMPHIS, TN (WMC) – More and more firefighters are hanging up their hats and leaving the Memphis Fire Department after cuts to their health care and pension plans. Fire Union President Thomas Malone says 130 people left the fire department in 2014. Of those 130,...

Enron billionaire frets about public pensions’ solvency

by rondelord | Jan 10, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

When former Enron trader and Texas billionaire John Arnold donated more than $1 million to a November 2014 initiative to reform the public pension system in Phoenix, pension activists took notice. Arnold’s donation to Proposition 487, also known as the Phoenix Pension...

Group opposes pension bump for city retirees

by rondelord | Jan 10, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

A budget watchdog group is attempting to head off a request for a slight increase in the annual cost-of-living raise for 15,000 city retirees, saying the extra money should not be awarded until the city shores up its pension-fund finances. The retirees are already...

52 city employees retired in ‘14

by rondelord | Jan 10, 2015 | Collective Bargaining, Labor, Pensions, Police, Politics, Unions

RACINE — Department heads throughout the City of Racine will be spending a lot of time filling vacancies over the next few months. Fifty-two city employees retired last year — 28 of them in December. Most of the retirements occurred among union represented employees,...

Warren Evans announces salary cuts for appointees

by rondelord | Jan 5, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

Detroit — Warren Evans on his first day as Wayne County’s executive announced he will save taxpayers $1.2 million with fewer staff and lower salaries. The savings will stem from a 5 percent salary reduction for all appointees, according to a press release sent early...
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