JUNE 18, 2018
MINNESOTA NEWS + OPINION
SW
News Media
It's
expected to save Minnesota
taxpayers $57 million in fiscal year 2019 and $263 million in the next
biennium. Minnesota's unfunded public pension ...
ECM Publishers
Stoffel says that
this year's compromises move Minnesota from covering 52 percent of what is
needed to cover public pensions over the next 30 years, ...
The
Lake Country Echo
The
Legislature, with a new
governor, will have to take up tax conformity as a priority ... However, Ruud
was pleased with legislators passing a pension
bill - which the ... John Vessey, a Minnesota
native who passed away in 2016.
Post-Bulletin
Pensions and
retirement benefits are earned by employees, whether public or private. They're
not charitable contributions -- they're part of an ...
Minnesota Lawyer
Mark Dayton signed
a pension stabilization bill for state employees, eliminating $3.4 billion in
unfunded liabilities for public-employee pensions.
East Side Review
The bill
represents a shared-sacrifice approach to ensure the long-term stability of
public pensions. The compromise bill reduces cost-of-living ...
Minneapolis Star Tribune
Improving the
solvency of public employee pension funds isn't the sort of legislative
accomplishment that typically packs the Minnesota Capitol ...
Mankato
Free Press
The pension systems affects some 500,000 public employees across the state and
the plans going forward will allow them to breathe more easily.
Workday Minnesota
Today, Dayton
signed a bipartisan bill to stabilize pension funds covering more than 500,000
public-sector workers, the last item of unfinished ...
Southernminn.com
The bipartisan
agreement stabilizing pensions for 511,000 teachers, law enforcement ... We
care deeply about our state and we want others to succeed. ... It is clear that
we need to do more to support working families in Minnesota.
NATIONAL NEWS + OPINION
The
Providence Journal
There
are 36 pension bills in the wings, along with the SEIU's latest
expansion bid and a bill to remove decades of court records from public
view.
Seattle Times
A new study finds
that some public pension funds are in such bad shape that they might be totally
depleted during an economic downturn ...
Investor Village
Imagery's Review
of Pew Trust Funded Harvard “Assessing the Risk of Fiscal Distress for Public
Pensions: State Stress Test Analysis” by Greg Mennis, ...
The Denver Post
Our state is no
stranger to drought and the Public Employees' Retirement Association pension
system was drying up the future of our retirees and ...
New Haven Independent
Christopher Peak
Photo At an emergency meeting, representatives from several public employee
unions tried to stop an imminent raid on their ...
American City & County
Nearly 1,300 more
public employees than expected chose to retire during ... She adds that the
trend to stingier pensions and retirement packages is ...
Grand Forks Herald
"Every one of
us is making a decision on retirement every day, in the way we live ... Assets
include pensions/annuities, Social Security, investments, and .... asked Mark
Feinsot, a 72-year-old certified public accountant in Manhattan.
Forbes
Americans are
living longer and that may not be good news for those states facing large
unfunded pension liabilities. Adding years to the average life ...
Nasdaq
I am referring to
the impending public employee pension crisis that is currently gathering steam
in states and municipalities across the country. While it ...
Bowling Green Daily News
Beshear doesn't
want Kentuckians to know about the positive things SB 151 does to help ensure
public pensions remain viable. For example:.
Motley Fool
Pensions have been
around for quite a while, starting with public-sector jobs, and today it's
mainly public-sector jobs that still offer pensions (more on ...
Los Angeles Times
Gray Davis opened
the vault for state workers' pension plans in 1999. ... For all state and local
public pensions systems, the unfunded liabilities are at ...
New Haven Independent
Pension Fund
Raided To Plug $14M Budget Deficit .... which are set by actuaries hired by the
city to review its public pensions and which work ...
LA School Report
More than 900,000
current and former public school teachers are covered by the California State
Teachers' Retirement System (CalSTRS).
Pensions & Investments
I read with
interest the editorial calling for a pension commission ("Pension reform
panel sorely needed," P&I, May 14). Because I like what
Australia ...
Yankee Institute (blog)
As part of the
concessions package, however, employees saw increased contributions toward
their pensions and moderate adjustments to healthcare ...
Hunt Scanlon Media (press
release)
Before that, she
worked for the Joint Committee on Public Employee Retirement for 16 years,
including the last six as executive director. “I am honored ...
Economic Policy Institute
A few years ago,
the Wall Street Journal praised San Jose Mayor Chuck Reed for taking an axe to
police and other public employee pensions.
Motley Fool
However,
public-sector pensions often call for at least modest employee contributions to
support payments. Currently, most longer-tenured employees ...
Pensions & Investments
Money managers and
pension funds seeking to fill investment management vacancies with millennials
are finding it takes more than just posting a ...
Santa Fe New Mexican
Public union
membership in the state declined and, by increasing employee payments for
health insurance and pensions, the state imposed an ...
Santa Fe New Mexican
The Public
Employee Retirement Association has about 75 percent of the money necessary to
pay out all claims to members, placing it among the ...
Politico
The answer is
critical to our national future. Social Security was one of the great policy
successes of the 20th century, but it was never intended as a ...
Chicago Sun-Times
It would, however,
rob Illinois workers of their pensions. ... The managers of the California
Public Employees Retirement System have steadily drawn ...
Politico
He's also got lots
of ideas for how to fix the American retirement crisis more broadly. .....
Every retirement system out there whether it's public, private, ...
National Public Pension
Coalition
There is an
increasing gap in the retirement ages across socio-economic status. This has
important implications for public pensions and Social Security.
The Pew Charitable Trusts (blog)
A new study,
"Assessing the Risk of Fiscal Distress for Public Pensions: State Stress
Test Analysis," presents findings about the largest public ...
Concord Monitor
Our public
employees here in New Hampshire are much the same. They pay into their pensions
with the New Hampshire Retirement System each and ...
Courier Journal
Attorney General
Andy Beshear says Kentucky's new pension law illegally cuts benefits of public
employees and was zipped through the General ...
Forbes
Public pensions
are a vital part of American workers' long-term financial health. Whether they
are police officers, firefighters, teachers, or the public ...
Pensions & Investments
John W.
Hickenlooper signed into law on Monday a pension reform bill ... funded status
of the Colorado Public Employees' Retirement Association, ...
Bloomberg
The Federal
Reserve estimates that public pensions in the U.S. are underfunded by about
$1.6 trillion. Over the past several years, pensions have ...
Cincinnati.com
Firefighters,
school teachers, police officers and other public employees shouldn't have to
worry about their long-term retirement security. Happily ...
Chicago Tribune
The legislature
has done very little to control pension costs. ... That state's constitution
contained similar language to Illinois' that pensions could not be ... unions
and conservative groups to educate the public and to build consensus.
Reuters
So far Missouri
is the only state to offer pension buyouts to former workers, according to
Keith Brainard, research director at the National Association of ...
Pensions & Investments
A taxpayer
lobbying organization sued to halt implementation of the California Secure
Choice Retirement Savings program — a new state defined ...
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