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Judge: California Firefighters Can’t Sue Bankrupt City Over Lost Benefits
A judge ruled last week that firefighters working for the bankrupt California city of San Bernardino cannot sue the city in an attempt to recover lost benefits.
The firefighters claim ...
Jacksonville Will Vote On Pension Reform Measure This Week. Here’s What To Expect If It Passes
After months of debate, the Jacksonville City Council could approve this week a measure to reduce the city’s pension debt.
The legislation would increase city contributions to the ...
Decreased Pension Contribution Rates But No COLA For Arizona Public Workers in 2015
Starting in July, members of the Arizona State Retirement System will pay a smaller percentage of their paychecks toward the pension system. It’s the first contribution rate decrease ...
Illinois Passes Bill To Automatically Enroll 2.5 Million Workers in Retirement Plans
Illinois lawmakers have passed a bill that would allow 2.5 million private-sector employees without retirement plans to enroll in a Roth IRA. Both the House and the Senate passed the ...
South Carolina Workers Lose Appeal of Pension Contribution Provision
Public workers in South Carolina have lost their appeal of a provision of the state’s 2005 pension reform law, a federal appeals court said Friday.
The employees were challenging ...
Women Most At Risk For Poverty During Retirement
Women are more likely than men to face poverty after age 65, according to two Brookings Institute reseachers.
Benjamin H. Harris and Aurite Werman found that women who were never married ...
Study: Taxes Among Retirement’s Biggest Expenses
A recent study by the Employee Benefit Research Institute found that housing and healthcare, predictably, are the two biggest expenses faced by seniors during retirement.
But the third-largest ...
Memphis Weighs Two Pension Reform Measures – What Do They Mean For City Employees?
The Memphis City Council meets two times in December, and at one of those meetings they are expected to vote on the two pension reform measures that sit before them.
Details on both ...
Jacksonville Pension Reform Plan, Likely to Pass, Could Pare Back Benefits Further Than Originally Thought
After months of debate, the Jacksonville City Council is as close as ever to passing an oft-amended pension reform bill.
The bill originally was designed to force the city to pay higher ...
Video: LifeLock CEO Talks Cyber Security During Holidays
LifeLock CEO Todd Davis sat down with CNBC this week to discuss a recent uptick in data breaches and who is being targeted.
