by rondelord | Oct 16, 2014 | Collective Bargaining, Labor, Pensions, Police, Politics, Uncategorized, Unions
The police officer association’s nearly yearlong truce with the city is over, the union’s attorney said Wednesday in a filing in U.S. Bankruptcy Court. And so it’s asking for two actions — one to move along a case they say is languishing in court, the other as a...
by rondelord | Oct 16, 2014 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
When Kenneth Blair joined the Detroit police force decades ago at age 19, he thought he was signing up for a steady job—and pension and health-care benefits for life. The fate of his pension is still up in the air as Detroit’s bankruptcy makes its way through the...
by rondelord | Oct 16, 2014 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
ARKANSAS – Fort Smith leaders are expected to meet with state legislators Tuesday to talk about fire/police pension funding and an anticipated shortfall beginning in 2019. At the Fort Smith Board of Directors study session, state legislators and David Clark,...
by rondelord | Oct 16, 2014 | Collective Bargaining, Labor, Pensions, Police, Politics, Unions
SAN JOSE (CBS SF) — A story KPIX 5 broke last week has people in San Jose talking about next month’s mayoral election. CEO of the Silicon Valley Chamber of Commerce Matt Mahood said he was shocked and disgusted after seeing a KPIX 5 story last week where reporter Kiet...
by rondelord | Oct 16, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
PROVIDENCE — The high-stakes union challenge to the 2011 pension overhaul championed by state treasurer and Democratic candidate for governor Gina Raimondo is back on the court docket for next week. Raimondo has made the sweeping rewrite of state pension law an issue...
by rondelord | Oct 16, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Chicago’s unfunded pension obligations have ballooned to $37.3 billion — a more than three-fold increase since 2003 — because of inadequate employer contributions, declining investment income and a shrinking base of active employees, a taxpayers’ watchdog group has...