by rondelord | Feb 12, 2015 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
It’s official: Civilian city employees hired after March 1 will participate in a new pension plan, one that functions more like a 401(k) plan. The pension changes, approved Tuesday by the Omaha City Council, mark a significant step in Mayor Jean Stothert’s goal of...
by rondelord | Dec 31, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Public Employees (Non-Sworn), Unions
Omaha Mayor Jean Stothert, her team that negotiates labor contracts, city employees and their unions should be commended for addressing public pension program shortfalls. The city now has agreements in principle with all of its civilian unions, police and...
by rondelord | Nov 22, 2014 | Fire, Labor, Pensions, Police, Politics, Unions
LINCOLN — Omaha’s pension problems — which a state senator said had become “ugly” — got an airing Wednesday before a panel of state lawmakers concerned that the state might have to step in to help troubled cities or counties with unfunded pension debt. Omaha, along...
by rondelord | Oct 25, 2014 | Collective Bargaining, Labor, Pensions, Police, Politics, Unions
The City of Omaha sought three concessions from the Omaha police union in contract negotiations earlier this year. The city wanted police to pay more into the pension system; to change the interest rate of the deferred retirement program; and to reduce the number of...
by rondelord | Oct 16, 2014 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions
The City of Omaha is on track to pay off its deficit in the fire and police pension in two decades — half the time originally estimated, Mayor Jean Stothert said Wednesday. Stothert held a press conference to highlight a report commissioned by the fire and police...