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Detroit’s CFO: City may kick in $30M to pension fund

Detroit’s CFO: City may kick in $30M to pension fund

by Ron DeLord | Apr 10, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

Detroit — The city’s financial officer on Monday said the city could add $30 million this fiscal year to pay into the city’s two pension funds, three times more than initially planned. “It’s our expectation that … we’ll have an additional $20 million-$30 million that...
Duval County residents will vote this year on sales tax for pension costs

Duval County residents will vote this year on sales tax for pension costs

by Ron DeLord | Mar 27, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

Duval County voters will vote this year on a half-cent sales tax for paying down the city’s massive pension debt — an election that will certainly happen after Gov. Rick Scott signed legislation Friday giving residents that choice at the ballot box. Whether the...
Will Republicans Squander Opportunity on Public Pension Transparency?

Will Republicans Squander Opportunity on Public Pension Transparency?

by Ron DeLord | Mar 27, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

It’s said that sunlight is the best disinfectant. But unless the Republican-led Congress steps up, the fetid world of public employee pension financing may remain a danger to taxpayers and government budgets. As I’ve discussed several times over the past week, the...
Pennsylvania budget to be adopted, does not address pension reform

Pennsylvania budget to be adopted, does not address pension reform

by Ron DeLord | Mar 27, 2016 | Fire, Labor, Pensions, Politics, Public Employees (Non-Sworn), Unions

Pennsylvania Gov. Tom Wolf is allowing the Republican 2015-2016 budget to become law without his signature, according to a news release issued by the governor’s office. Jeffrey Sheridan, spokesman for the governor’s office, said the budget “does nothing to address...
Firefighters, police won’t get paid during Atlantic City shutdown

Firefighters, police won’t get paid during Atlantic City shutdown

by Ron DeLord | Mar 27, 2016 | Collective Bargaining, Fire, Labor, Police, Politics, Public Employees (Non-Sworn), Unions

NEW YORK (CNNMoney) —All the work and none of the pay. Police officers, firefighters and other “essential” personnel in Atlantic City, New Jersey will be forced to work during the city’s upcoming government shutdown — without pay. Mayor Don...
County returns to pension plan for future workers

County returns to pension plan for future workers

by Ron DeLord | Mar 27, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

Murfreesboro (TN) –  A divided Rutherford County Commission decided Thursday night to return to offering existing pension benefits for future government workers after Commissioner Joe Frank Jernigan changed his vote. Jernigan said he called for the new 11-10...
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