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Task Force Will Look At Funding Solutions For Kentucky Teachers’ Pension

Kentucky Gov. Steve Beshear announced on Tuesday the creation of a 23-person panel that will act as a pension funding “task force”. The panel will study the state’s Teachers’ ...
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Texas Law Boosts Pension Contributions for Workers, State

Texas Gov. Greg Abbott last week approved a measure that will increase pension contributions for both employees and the state, in an effort to improve the funding of the state’s ...
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Pennsylvania Took Familiar Path to Pension Underfunding

Pennsylvania’s pension underfunding stems from a series of policy decisions – a mix of contribution holidays and benefit increases – made in the 1990’s and early 2000’s. Pennsylvania’s ...
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Pentagon Officially Endorses Military Retirement Overhaul

The Pentagon for months has held off on taking an official position on the proposed military retirement overhaul, which would change the structure of benefit payouts and introduce ...
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New York City Council Boosts Disability Pensions for Newer Police Officers; Unions Unhappy With Rushed Vote

In a hasty process on Wednesday, the New York City Council rushed to pass a series of changes to the disability pension benefits awarded to relatively new city policeman. From the ...
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Judge Signs Off on Rhode Island Pension Settlement

Rhode Island Superior Court Judge Sarah Taft-Carter on Tuesday approved the settlement which recently ended a long-running lawsuit brought by retirees against the state. The settlement ...
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New Jersey Supreme Court Sides With Christie, Rules That Public Workers Don’t Have Legal Right to Pension Funding

The New Jersey Supreme Court ruled Tuesday that the state acted legally when it deeply slashed its scheduled 2015 pension contribution despite a 2011 law, signed by Christie, which ...
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Emanuel Won’t Include Benefit Cuts In Pension Fix

Rahm Emanuel’s new approach to dealing with Chicago’s police and fire pension costs involves pushing city contributions into the future – past Emanuel’s term – and won’t ...
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California Ballot Measure Proposal Would Make It Difficult For Pensioners to Boost Benefits

The details of a long-awaited proposed ballot measure, spearheaded by former San Jose Mayor Chuck Reed, emerged this week. The measure, which could appear on California’s 2016 ballot, ...
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Video: Is the Retirement Crisis Real? If So, How Do We Fix It?

The words “retirement crisis” have been appearing in print more and more in recent years. But is the phenomena real, or imagined? In this video, Professor Teresa Ghilarducci ...
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