by rondelord | Apr 25, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
SAN BERNARDINO, Calif. — When this bankrupt, working-class city took the unprecedented step in 2012 of stopping its required pension contributions — arguing that it could not otherwise make payroll — other financially stressed California cities took notice: Could San...
by rondelord | Apr 25, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
MISSISSIPPI – The city of Bogalusa must address its fiscal problems in a “detailed action plan” that must be turned over to Legislative Auditor Daryl Purpera’s office by May 16, according to a letter made public Monday (April 21). The letter...
by rondelord | Apr 25, 2014 | Fire, Labor, Police, Politics, Public Employees (Non-Sworn), Unions
Faced with a political scandal that began in his own administration, Governor Christie is publicly lashing out against a familiar target: New Jersey’s public employees and their unions. The governor is attacking their benefits and claiming he can’t afford...
by rondelord | Apr 25, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
New London, CT – For more than two months, the city’s finance director has been meeting with financial and legal advisers on a plan to straighten out New London’s balance sheet and put some cash back in the bank. The plan would involve bonding...
by rondelord | Apr 25, 2014 | Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
TALLAHASSEE — Few issues would seem to score higher among conservatives than public pension reform. Shrinking the defined benefits that public employees receive and steering them into private retirement plans has long been championed by groups such as the Florida...
by rondelord | Apr 19, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
CHICAGO, IL – Mayor Rahm Emanuel’s plan to raise employee contributions by 29 percent to save two city employee pension funds will cost workers $55 million by 2025 and reduce their benefits by 14 percent, an independent analysis has concluded. The Anderson...
