Chicago Mayor Rahm Emanuel last week proposed issuing bonds to improve the city’s pension funding levels. Is that a good idea?
Gov. Matt Bevin, who championed the legislation, called Thursday’s state Supreme Court ruling “an unprecedented power grab by activists judges.”
New research takes a look at post-retirement employment policies in states across the U.S.
Currently, none are in that demographic category.
New research offers a dim assessment of some of the most poorly funded state and local public retirement systems.
STATE AND LOCAL ROUNDUP | Rare polio-like disease spreads to 22 states … Tornado Alley’s eastward shift … and disaster unemployment insurance in Florida.
It’s the latest effort by lawmakers to overhaul the “Windfall Elimination Provision," which affects benefits for thousands of state and local government employees around the U.S.
Maryland enacted changes to save billions of dollars on health care coverage for retired public employees. But a rollback of prescription drug benefits has led to a court challenge.
A single retirement or multiple departures of experienced staffers don’t necessarily need to be scary for public-sector organizations.
“It's a huge burden,” the executive director of the National Conference on Public Employee Retirement Systems said as he discussed the tax proposal.
The changes are taking place in an era when some state and local governments are struggling with pension costs.
Laws keep evolving, budgets keep tightening and more experienced attorneys are ready to retire, making automation that much more important for governments.
As Congress steps back on supporting small business employee retirement accounts, the state treasurers from Illinois and Oregon point out the need to continue forward.
Some working poor may have to choose between assistance and savings without government action.
A new survey reveals priorities and limited knowledge about plans.
In response to the budget strains and funding challenges, some states have looked to alternatives to traditional pensions.
At a California forum, experts and officials discuss implementing the state’s new Secure Choice Act.
The mayor of Florida’s largest city continues to fume over fiscally troubled police and fire pensions and calls a possible $45 million miscalculation by an actuary “outrageous.”
Also in our State and Local Daily Digest: New York governor vs. controller power struggle; California town is exempt from state ban on plastic bags; Tucson mayoral candidate sues city
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