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The Coming War on Pensions

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

On the Senate’s last day in session in December, it approved the government’s $1.1 trillion budget for coming fiscal year. Few people realize how radical the new U.S. budget law was. Budget laws are supposed to decide simply what to fund and what to cut. A budget is...

More than 200 MPD officers resign amid benefit and pension changes

by rondelord | Jan 5, 2015 | Collective Bargaining, Health Insurance, Labor, Pensions, Police, Politics, Unions

MEMPHIS, TN (WMC) – Multiple Memphis police officers are handing in letters of resignation, citing recent decisions by city council to alter benefit and pension plans. According to Memphis Police Association President Michael Williams, close to 200 officers have...

Governor-elect Raimondo sees pension talks as job one, and outlines other goals

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

PROVIDENCE, R.I. — Days away from taking the oath of office that will make her the first female governor of Rhode Island, Governor-elect Gina Raimondo anticipates that public-employee pensions will be one of the first big items she tackles. Again. Specifically, she...

Cranley makes major pension deal with Cincinnati’s unions

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

Cincinnati leaders on Tuesday struck an agreement with unions representing city workers to fully fund the Cincinnati Retirement System over the next 30 years, a pact Mayor John Cranley said was historic and will bring financial stability to a city that has grappled...

Detroit retirees with slashed pensions can seek aid, but face Dec. 31 deadline

by rondelord | Dec 31, 2014 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

DETROIT, MI — City pensioners who are absorbing benefit cuts as a result of the city’s bankruptcy case and debt adjustment plan face a Wednesday deadline to apply for aid from the state. Detroit retirees and employees voted earlier this year to accept...

Illinois Risks Default If It Doesn’t Tackle Its Public Pension Crisis

by rondelord | Dec 31, 2014 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

Bruce Rauner, a Republican, liked to talk tough about unions and public-sector pensions when he was campaigning for governor in Illinois. “The system is full of fraud and self-dealing and abuses, such as folks who have a pay rise in the last years of their...
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