by rondelord | Dec 17, 2014 | Labor, Pensions, Politics, Public Employees (Non-Sworn), Unions
CHICAGO (AP) – Current and retired city workers and their labor unions have filed a lawsuit arguing a law overhauling Chicago’s pension systems is unconstitutional. The lawsuit filed Tuesday in Cook County Circuit Court also asks a judge to stop the law from taking...
by rondelord | Dec 17, 2014 | Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Public employees filed the class action case in 2010, arguing that an element of the reform was unconstitutional because it essentially took their property. A provision of the revised law requires retirees who later return to work to pay into the retirement system,...
by rondelord | Dec 17, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
In a recent meeting, an expert very supportive of public-sector employees raised the question of PERISA. These initials are shorthand for federal regulation of state and local pension plans—essentially extending some or all of the Employee Retirement Income Security...
by rondelord | Dec 1, 2014 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
In the past five years, Oklahoma City taxpayers have cut checks totaling $20.6 million to retiring city employees for accrued vacation and sick leave, Watchdog.org found through an analysis of city databases. Nearly 500 employees — almost half — left the city with...
by rondelord | Dec 1, 2014 | Collective Bargaining, Fire, Labor, Police, Politics, Public Employees (Non-Sworn)
How much sick leave time do you get at your job? A week every year? A few days? How about an entire year and a half? Baton Rouge city-parish employees currently get to keep all of the sick leave time they accrue through their entire career. It doesn’t expire at...
by rondelord | Dec 1, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
In the last year, all three of Los Angeles’ public employee pension funds have recalculated their too-rosy estimates of how much they will earn in the years ahead. Those lowered earning forecasts may cost the city in the short term — if it has to deposit more...
