In Congress, Leadership Shifts Could Lead to Retirement Changes
Republicans control both houses of Congress, and there are many leadership shifts underway at the committee level as well. These shifts open the door for changes to retirement plans ...
Government Report: Social Security Judges Approve Nearly All Disability Claims, Even if Questionable; “Large Scale Reform” Needed
A new report from the House Committee on Oversight and Government Reform, released Thursday, claims that many Social Security Administration (SSA) judges rubber stamp nearly every ...
Wisconsin Supreme Court: County OK to Reduce Pensions
In 2011, Wisconsin’s Milwaukee County reduced pension benefits for nurses by cutting the pension multiplier from 2 to 1.6.
In a 5-2 decision on Friday, the Wisconsin Supreme Court ...
Emanuel Confident Pension Plan Will Survive Lawsuit; Stresses His Collaboration With Unions
Four unions on Tuesday filed a lawsuit challenging Chicago Mayor Rahm Emanuel’s plan to increase pension contributions for city employees and reduce COLAs.
But Emanuel said Thursday ...
Two Pension Bills Sitting in Pennsylvania Legislature Likely to Resurface In 2015 – Here’s How They Would Change Things
Pennsylvania’s outgoing governor, Tom Corbett, made reforming the state’s pension system his top priority over the last year. But his plan – which would shift new hires into ...
How to Manage Inflation During Retirement
Inflation hasn’t been an issue retirees have had to worry about for a long time. But that doesn’t mean it’s okay to forget about it entirely – if it comes back, retirees need ...
Think Tank Says New Jersey Pension Benefits Not That Lucrative
One of the criticisms leveled at New Jersey and its underfunded pension system – and one of the main justifications used to cuts in worker benefits – is that New Jersey’s public ...
Many Rhode Island Retirees Will Have COLAs Unfrozen For First Time in Four Years
One of the pillars of Rhode Island’s sweeping 2011 pension reform law was the suspension of annual cost-of-living-adjustments for retirees.
According to the Civic Federation, the ...
Memphis Council Approves Hybrid Pension Plan; Changes Will Affect Many Current Workers
FOX13 News, WHBQ FOX 13
After several meetings worth of debate, the Memphis City Council passed major changes to the city’s pension system on Tuesday – and the changes won’t just ...
Unions Sue Over Chicago Pension Cuts Set to Come in 2015
Chicago unions and public employees filed a lawsuit Tuesday to block pension changes coming in 2015 that would reduce future COLA increases and require workers to pay more toward their ...