Pension Cuts Kick In For Detroit Retirees
As part of Detroit’s bankruptcy proceedings, the city’s pensioners agreed to stomach some benefit cuts in order to ward off potentially steeper cuts.
Those cuts kicked in on Sunday, ...
White House: Obama “Open” To Tying Social Security COLAs to Chained CPI
The White House announced this week that President Obama is open to discussing a major change in the way the growth of Social Security benefits are calculated.
Obama is willing to ...
Cincinnati Strikes Pension Deal — Here’s What It Means For Benefits
After nearly a year of negotiations, Cincinnati and its public workers have reached an agreement that aims to increase the sustainability of the city’s pension system.
The city will ...
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 ...
