by Ron DeLord | Oct 14, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Ongoing litigation over San Diego’s 2012 pension cutbacks could be costly for the city, but no one knows how costly and opinions vary widely. Estimates in recent months of a potential city payout have ranged from $100 million down to less than $20 million, but even...
by Ron DeLord | Oct 14, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Wisconsin’s fully funded, one-of-a-kind pension system surprises people, but not those who know the legendary thrift of Gary Gates. While serving for two decades as the head of the state’s multibillion-dollar pension fund, Gates didn’t throw out...
by Ron DeLord | Sep 26, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
The city of San Bernardino went bankrupt for a number of reasons: an inefficient system of government, an outdated commitment to providing most services with city employees, an overall lack of control over spending. The effects of the Great Recession certainly only...
by Ron DeLord | Sep 26, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Insolvency: America’s states, counties, cities and municipalities are in deep trouble, owing literally trillions in public employee pensions that they can’t pay off. Nowhere is that more apparent than in California, the nation’s poster boy for fiscal...
by Ron DeLord | Sep 26, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
The four unions representing Akron employees are “shocked and dismayed” at a city proposal to have retirees start paying toward their supplemental health insurance and end that benefit for all future workers. The unions also are threatening to sue if the city pursues...
by Ron DeLord | Sep 26, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
A month after Jacksonville voters passed a sales-tax extension to cover $2.85 billion in pension costs, city-employee unions are negotiating the terms of closing pension plans to new members. Mayor Lenny Curry said his administration is putting forward a solution he...
