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Enron billionaire frets about public pensions’ solvency

by rondelord | Jan 10, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

When former Enron trader and Texas billionaire John Arnold donated more than $1 million to a November 2014 initiative to reform the public pension system in Phoenix, pension activists took notice. Arnold’s donation to Proposition 487, also known as the Phoenix Pension...

Group opposes pension bump for city retirees

by rondelord | Jan 10, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions

A budget watchdog group is attempting to head off a request for a slight increase in the annual cost-of-living raise for 15,000 city retirees, saying the extra money should not be awarded until the city shores up its pension-fund finances. The retirees are already...

Warren Evans announces salary cuts for appointees

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

Detroit — Warren Evans on his first day as Wayne County’s executive announced he will save taxpayers $1.2 million with fewer staff and lower salaries. The savings will stem from a 5 percent salary reduction for all appointees, according to a press release sent early...

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...

Rift Emerging Between NYC Labor Movement and Police Unions

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

Labor unions backed Bill de Blasio in his mayoral run, but have stayed silent as attacks on the mayor by police union heads have mounted. The incendiary rhetoric and actions of New York City police union head, Patrick Lynch, appear to be creating a division between...

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...
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