More Details on New Jersey Pension Changes As Commission Release Report; Proposal Would Bring Savings to State, Cuts to Workers
New Jersey Gov. Chris Christie unveiled a series of pension reform proposals at his budget address yesterday.
But he’s taking his cues from a just-released report from his pension ...
Chart: Reasons For Lack of Retirement Confidence Among Public Workers
Public workers aren’t confident about having enough income and savings to last through retirement. Why? The number one reason is inadequate savings. A significant portion of ...
Christie Budget Will Include Pension Cuts; Gov. Will Negotiate For Further Reforms
New Jersey Gov. Chris Christie will give his budget address on Tuesday afternoon, and details are already leaking about what it will contain.
The governor’s office says that the ...
Bruce Rauner Has Softened His Stance on Pension Cuts. Where Does He Stand Now?
When talking pensions on the campaign trail early in 2014, Bruce Rauner said that new hires, current workers and retirees all would need to be on the receiving end of pension benefit ...
Unions Sue Over Chicago Pension Cuts Set to Come in 2015
Chicago unions and public employees filed a lawsuit Tuesday to block pension changes coming in 2015 that would reduce future COLA increases and require workers to pay more toward their ...
Group of Retirees To Appeal Detroit’s Pension Cuts
The judge overseeing Detroit’s bankruptcy, Judge Steven Rhodes, said this month there was a 25 percent chance his ruling allowing pension cuts could be overturned if appealed.
That ...
