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One Of America’s Worst Blunders: Allowing Public Workers To Unionize

by Ron DeLord | Sep 8, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

This country has made a lot of terrible financial blunders. Easily among the top ten would be the decision to allow public employees to form unions and engage in collective bargaining. Only a little more than 50 years old, that mistake has done prodigious harm to us...

Unions prep for end to mandatory dues

by Ron DeLord | Sep 8, 2015 | Collective Bargaining, Fire, Labor, Police, Politics, Public Employees (Non-Sworn), Unions

SACRAMENTO — The state’s public-employee unions are among the most powerful interest groups in the Capitol, yet an effort to sneak some language into a bill during the last week of the legislative session shows the degree to which even these lobbies fear a coming...

L.A. plans to undo 2012 pension cuts in new union pay deal

by Ron DeLord | Sep 8, 2015 | Collective Bargaining, Labor, Pensions, Politics, Public Employees (Non-Sworn), Unions

At L.A. City Hall, it was the most hotly debated policy initiative of 2012: a new law aimed at reining in retirement benefits for thousands of future public employees. Alarmed by steadily growing pension costs, the City Council voted to scale back the size of pensions...

AFTER RECENT ATTACKS, POLICE GROUPS TURN TO CONGRESS FOR ANSWERS

by Ron DeLord | Sep 8, 2015 | Labor, Police, Politics, Public Employees (Non-Sworn), Unions

Concerned about their members’ safety following a deadly two-week stretch, the Fraternal Order of Police and National Association of Police Organizations are calling on Congress and the Obama administration to act. The recent spate of violence against law enforcement...
City councilmember proposing age limit for retirement for Laredo police

City councilmember proposing age limit for retirement for Laredo police

by Ron DeLord | Sep 8, 2015 | Collective Bargaining, Labor, Police, Politics, Public Employees (Non-Sworn), Unions

LAREDO, TEXAS (KGNS) – Police and other city staff are reacting after a proposal to start a mandatory retirement, by age or years in service, for city police officers. A couple hours ago, council member Charlie San Miguel brought up his idea, he says it will...

Markets’ wild moves might make U.S. public pension funds vulnerable

by Ron DeLord | Sep 8, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

Last week’s wild gyrations in global financial markets almost certainly exposed the vulnerability of U.S. state and local authority public pension funds which have piled into riskier assets in recent years, according to actuaries and other pension experts. Based...
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