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Raimondo, Other Lawmakers Open To Settlement in Rhode Island Pension Lawsuit
It’s been three years since Rhode Island passed into law a sweeping pension reform measure. But the law still sits in legal limbo after being challenged by labor groups.
A settlement ...
Oklahoma Labor Group Calls For COLAs To Be Un-Frozen In Wake of Pension Funding Improvement
Since 2010, the aggregate funding ratio of Oklahoma’s state-level pension systems has risen from 58 percent to 74 percent. Meanwhile, unfunded liabilities have declined by over $6 ...
Judge Sides With Atlanta In Case Over Employee Pension Contributions
A key portion of Atlanta’s 2011 pension reforms have been upheld in court, the city said Tuesday.
In 2011, the city increased employee contributions to the pension system by 5 percent ...
Wisconsin Has Country’s Best Funded Pension System, According to Think Tank Report
The think tank State Budget Solutions has released a report which names Wisconsin’s pension system the most well funded in the nation.
It’s the second year in a row the think tank ...
Kansas Pension Officials Prepare As System Becomes Target of Spending Cuts
Kansas lawmakers will need to cut almost $300 million in spending to balance the 2014 budget, and even steeper cuts are being predicted for 2015.
History shows that states consistently ...
Phased Retirement Policy Kicks In For Federal Workers
Federal employees can now ease their way into retirement with a new “hybrid” arrangement, which allows workers who are eligible for retirement to keep working part time – and ...
Poll: New Jersey Retirees Ready To Leave State
A recent poll reveals that a large percentage of New Jersey residents plan to leave the state before retiring – 25 percent of respondents said it was “very likely” that they ...
New Orleans Pension Reform Task Force Holds First Meeting
Last month, New Orleans created a pension reform task force to recommend “fundamental” changes to the city’s Fire Fighters Relief & Pension Fund. On Tuesday, the task force ...
San Jose Mayor Chuck Reed’s Term Is Ending, But His Push For Pension Reform “Will Continue”
Chuck Reed won’t be the mayor of San Jose much longer. But even as he leaves office, Reed doesn’t plan on leaving politics behind. The outgoing mayor says he will continue raising ...
What Tom Wolf’s Win Means For Pennsylvania Pensions
Tom Wolf and Tom Corbett had two very different visions for Pennsylvania’s pension system. If newly-elected Governor Wolf attempts to reform the state’s retirement system, it ...
