Documents: Illinois Gov. Rauner’s Budget Will Recommend Pension Cuts
Illinois Gov. Bruce Rauner will give his budget address on Wednesday afternoon. He’ll announce a number of cost-cutting proposals, and pensions are sure to be featured.
What specifically ...
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 ...
Detroit Retirees Have Until Tuesday to Decide “Clawback” Repayment Plan As They Grapple With Benefit Cuts
By now, everyone knows about Detroit’s pension cuts – general city workers will be facing a 4.5 percent cut to their pension checks and the suspension of their cost-of-living adjustment.
But ...
Low-Income Detroit Retirees Can Apply For Pension Aid — But They Only Have Until Dec. 31
Low-income retirees living in Detroit can apply for aid to offset some of the pension cuts brought on by the city’s bankruptcy this year.
The program is a one-time offer – and ...