by Ron DeLord | Oct 14, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
While state legislators are still grappling with pension reform, Will County officials continue to look at ways to adopt some reforms within their own powers of government. Board Speaker Jim Moustis, R-Frankfort Township, asked his executive committee members to...
by Ron DeLord | Oct 14, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Moody’s Investors Service said Friday it is cutting its rating on $958 million in Philadelphia Retirement System pension bonds, issued by the Philadelphia Authority for Industrial Development back in 1999, and on $300 million in taxable City Service Agreement...
by Ron DeLord | Oct 14, 2016 | Fire, Labor, Police, Politics, Public Employees (Non-Sworn), Unions
A federal appeals court upheld an Alabama law that makes it difficult for public employee unions to raise funds for political activities by automatic payroll deductions. In an announcement Wednesday, Attorney General Luther Strange praised a decision by the 11th U.S....
by Ron DeLord | Oct 14, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Four Marin labor groups have appealed a state appeals court decision that some say could radically alter the ability to reduce the retirement benefits of public employees who are still on the job. The plaintiffs — the Marin Association of Public Employees, known as...
by Ron DeLord | Oct 14, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
SCRANTON, Pa. (AP) – Pennsylvania’s auditor general says Scranton has made some progress in paying its municipal pension debt, but serious funding issues remain. the cityis making “incremental progress,” but looming increases in mandated pension payments could further...
by Ron DeLord | Oct 14, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
PORTLAND, Ore. (PORTLAND TRIBUNE) — Members of two state boards are floating the idea of a statewide bond issue to deal with the $22 billion in unfunded liabilities of Oregon’s public pension system over the next decades. Members of the Public Employees Retirement...
