San Francisco Court Restores COLAs for Over 20,000 Retirees
About 23,000 San Francisco workers will enjoy new cost-of-living increases during retirement after a court restored the annual benefit boosts over the weekend.
In 2011, voters approved ...
In Washington State, Lawmakers Consider Two Bills to Change Pension Benefits
Lawmakers in Washington state are considering two separate bills that aim to tweak pension benefits for new government hires.
One proposal would cap the amount of income that can be ...
Pennsylvania Lawmakers To Push Hard in Coming Months For Switch to 401(k), Other Pension Changes
The top Republican in the Pennsylvania Senate on Monday made it clear that the fight over state pension changes will only become harder fought in the coming months.
Sen. Jake Corman ...
Rhode Island Pension Settlement Approved by Retirees; More Details Released on Terms of Deal
Rhode Island retirees on Monday approved the proposed pension settlement between the state and its pensioners, according to the Providence Journal.
Retirees reportedly approved the ...
California Labor Groups Ready For “World War III”-Level Fight Against Pension-Cutting Ballot Measure
Last week, our friends at Pension360 covered former San Jose Mayor Chuck Reed’s push to get a pension reform measure on California’s statewide ballot in 2016.
Details are sparse ...
What Would Rhode Island’s Pension Settlement Mean for Retirees?
Retirees across Rhode Island are voting Monday on the proposed settlement to the long-running lawsuit against the state’s pension reforms.
If the settlement passes a vote by retirees, ...
Chart: One-Fifth of Public Workers Don’t Know What Retirement Plan Their Employers Offer
According to 2014 research from the Pew Charitable Trusts, 20 percent of public sector workers don’t know what type of retirement plan their employer offers. From Pew:
One-fifth ...
New Orleans Pension Trustees Debate Ways to Reduce Costs, Avoid Benefit Cuts
Last month, the board of the New Orleans Municipal Employees Retirement System (NOMERS) produced a list of potential benefit cuts and changes that could reduce pension costs for the ...
Illinois Gov. Rauner Will Move Forward With His Own Pension Reforms, Including 401(k) Implementation, Regardless of Court’s Ruling on Current Law
Illinois Gov. Bruce Rauner indicated this week that he’ll attempt to implement his own pension reform plan, regardless of how the court rules on the state’s 2013 overhaul.
Rauner ...
Video: Chicago Mayoral Candidates Debate Pension Changes, Possible Benefit Cuts
Chicago Mayor Rahm Emanuel and his opponent, Jesus “Chuy” Garcia, sat down side-by-side on Monday to discuss how they would each tackle the city’s pension problems.
Emanuel used ...
