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 ...
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 ...
What Does Congressional Gridlock Mean for Federal Pensions? It Might Be Good News For Workers
Gridlock has become the new norm in Congress. The last two Congressional sessions (112th and 113th) were arguably the two least-productive sessions in the history of the country.
Republicans ...
Video: New Pennsylvania Gov. Tom Wolf Talks About What Pension Changes to Expect Under His Watch
Pennsylvania Gov. Elect Tom Wolf will take office on January 20, and sooner than later he’ll be inundated with pushes from lawmakers to re-design the state pension plan.
What ...
New Congress Likely to Attempt Federal Pension Reform; What Should Federal Workers Expect?
The New Congress has already proved it has its eye on retirement benefits.
But even with lawmakers’ eyes locked on Social Security, there may be federal pension changes coming down ...
New Hampshire Supreme Court Upholds Benefit Changes With Two Recent Rulings
The New Hampshire Supreme Court has upheld several changes key to the state’s pension reforms passed since 2011, just a month after it also upheld the legality of increasing employee ...
Here’s What Cincinnati’s Pension Reform Deal Means for Retirees and Current Workers
Cincinnati’s pension deal, struck last week, is widely considered to be a true compromise: no one is particularly happy with the outcome and every party made sacrifices as part of ...
Kansas to Weigh Privatization of Pension System
Kansas Gov. Sam Brownback’s team is reportedly exploring options to reform the state’s pension systems.
One option on the table: privatization.
From the Associated Press:
Two top ...
