JUNE 1, 2018
MINNESOTA NEWS + OPINION
Dayton signs pension bill aimed at long-term stability
in state retirement system
Star
Tribune
Hundreds of thousands of public employees and retirees stand to benefit from a major pension reform package that Gov. Mark Dayton signed into law on Thursday. Schoolteachers, office workers, police officers and a retired parks maintenance worker were among the triumphant crowd that filled the Capitol rotunda in a ceremony …
Hundreds of thousands of public employees and retirees stand to benefit from a major pension reform package that Gov. Mark Dayton signed into law on Thursday. Schoolteachers, office workers, police officers and a retired parks maintenance worker were among the triumphant crowd that filled the Capitol rotunda in a ceremony …
TwinCities.com-Pioneer
Press
The
bill, the Pioneer Press reported, will bring more long-term stability to the retirement funds that teachers,
firefighters and other public
employees ...
Mankato Free Press
Public employees
got good news as well Sunday night when lawmakers passed a pension bill three
years in the making shortly before midnight.
Minnesota Public Radio News
(blog)
The House and
Senate saw more bipartisan agreement on a public works construction bill and a
bill to shore up public employee pensions.
NATIONAL NEWS + OPINION
Lexington Herald Leader
... he recently
called "an incompetent hack" to step aside in Attorney General Andy
Beshear's legal challenge of Kentucky's new public pension law.
Los Angeles Times
He also said
workers who want retirement accounts are free to open them ... Any comparison
to public pension funds is a red herring, he said, noting ...
Bond Buyer
CHICAGO – Illinois
needs a plan to tackle its rising tab for pensions and other ... State expenses
– before passage of the budget – for pensions, retiree ... will become
unaffordable without severe public services cuts,” reads the report, ...
Reuters
Savings from
Illinois' pension buyout plan could fall short ... “Often these buyouts don't
attract as many participants in the public sector as they might in ...
U.S. News & World Report
The share of
workers claiming Social Security retirement benefits at the earliest possible
date has ... That probably reflects growing public awareness.
U.S. News & World Report
How will the
country address Americans outliving their retirement savings ... "The
burden of caring for [retirees] will primarily fall on public
assistance ...
Fortune
The study,
published this month, found that pension funds in New Jersey and Kentucky are
most at risk of collapse due to a steady decrease in public ...
NorthJersey.com
The
new revenue will provide the state long-needed resources to cover neglected
needs for public schools, mass transit and public worker pensions, ...
To Utah's
firefighters, teachers, cops and other public-sector workers: The cash in your
pension ...
Salt Lake Tribune
Utah public-sector
workers who are counting on a secure retirement, rest easy: The state is
drawing praise for how it's managing money in your ...
The Hill
Dig a little
deeper, and it becomes a cautionary tale on the difficulty of imposing even
modest change on public pensions. In November 2016 ...
Charlotte Observer
Overpaid public
workers are bilking taxpayers of millions ... Contrast this to the private
sector, where guaranteed pensions have largely gone the way ...
Truthdig
They also divert
public money away from the neediest infrastructure projects, .... He argues
that public pension funds can be safely operated on a ...
National Public Pension
Coalition
This Week in
Pensions gathers the best stories about pensions from the previous week. The
news you need to know in the fight for a secure ...
AFSCME Information Highway
Summary: State and
local data from 2005 to 2014 show the impact pension cuts have on the ability
of governments to recruit, retain, and retire talented ...
Common Dreams
... that closed
schools across the state to protest Kentucky lawmakers' handling of state
public employee pensions and inadequate school funding.
Squared Away Blog - Boston
College
Public Pension
Cuts Hit Recruitment. 20180217_125337. West Virginia teachers started the wave
of strikes over pay. Photos courtesy of Janet Bass, ...
Brookings Institution
Public school
teachers in 39 states saw their real wages fall between 2009 ... Like most
other traditional pensions, however, public teacher pensions ...
New York Magazine
But Shell decided
to lead the legislative push to cut the pensions of teachers and public
workers. That inspired a high-school math teacher named ...
American Investment Council
This study
conducted by the American Investment Council examines the private equity
investments of 163 U.S. public pension funds. The information ...
Chief Investment Officer
According to a new
study from the National Conference on Public Employee Retirement Systems
(NCSPERS), public pension funds contributed ...
National Public Pension
Coalition
Colorado recently
passed changes to its public pensions. These changes are intended to shore up
the long-term fiscal health of the plan.
Newsmax
Many pension funds
for public workers already owe far more in retirement benefits than they have
in the bank, and the problem will only grow worse if ...
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