More Pensions Articles

  • Detroit bailout plans just paper over the problem with more money

    In Detroit's unfolding saga, the only innocent victims are city residents. So if there is any case for a Motown bailout, it is to make the city more livable for them. However, that seems to be the main goal of neither the Democratic White House nor the state's Republican governor -- both of...

  • Rhode Island judge: Pension lawsuit may go forward

    PROVIDENCE, R.I. (AP) — A lawsuit brought by public sector unions and retirees over Rhode Island's 2011 pension overhaul can now move forward, a judge ruled Wednesday, days after both sides said a lengthy mediation had failed. Superior Court Judge Sarah Taft-Carter denied the state's motion...

  • Detroit strikes 2nd deal with its other retirees

    DETROIT (AP) — The Detroit pension fund that covers all retirees except former police officers and firefighters says it has reached a tentative agreement with the bankrupt city. Tina Bassett, a spokeswoman for the city's general pension fund, says retirees would see a 4.5 percent cut and...

  • Alaska House panel advances governor's pension plan

    JUNEAU, Alaska (AP) — The House Finance Committee advanced Gov. Sean Parnell's plan for addressing the state's pension obligation Tuesday, but the issue was not yet settled. As HB385 was moving from committee, Senate Finance was meeting on the opposite end of the fifth floor of the Capitol,...

  • Pulitzer Board vindicates Oregonian for pension reform push that Big Labor opposed

    Throughout 2013, the Oregonian's editorial board fought a valiant battle to get state lawmakers to address the Beaver State's staggering public worker pension liabilities. The effort failed primarily due to staunch opposition from the state's Big Labor leaders, who argued there was no pension...

  • Illinois Gov. Pat Quinn's tour highlights questions of taxes

    Gov. Pat Quinn's tour of the state to push his program aimed at helping first-time homebuyers quickly turned political Monday as both he and his Republican gubernatorial opponent wasted no time highlighting likely recurring themes in the 2014 race: wealth and taxes.

  • Alaska Gov. Sean Parnell's pension plan gets municipal support

    Municipal leaders on Saturday expressed support for Gov. Sean Parnell's approach to addressing the state's pension obligation.

  • Tough tax votes loom in Illinois

    Faced with an expected $3 billion budget hole from an expiring income tax increase, Illinois lawmakers are grappling with whether to raise taxes to avoid major cuts to schools and social services next year.

  • Puerto Rico court strikes down new pension law

    SAN JUAN, Puerto Rico (AP) — Puerto Rico's Supreme Court on Friday ruled that a law to change a teachers' retirement system is unconstitutional, dealing a blow to the U.S. territory's governor as he tries to revive a sluggish economy. The decision responds to a lawsuit that teachers filed...

  • Mediation in Rhode Island pension lawsuits fails

    PROVIDENCE, R.I. (AP) — Talks to salvage a proposed settlement that would end the legal fight over Rhode Island's 2011 landmark pension overhaul have failed, and the court challenge is moving ahead. Gov. Lincoln Chafee and General Treasurer Gina Raimondo on Friday announced the settlement...

  • Detroit reaches bankruptcy deal over some bonds

    The city of Detroit reached a deal in bankruptcy over $388 million in bonds, mediators announced Wednesday, a significant agreement that could influence other creditors to try to get a settlement.

  • Chris Christie pushes for arbitration changes

    Gov. Chris Christie is trying to build pressure on lawmakers to re-adopt a cap on raises for police and firefighters that arbitrators can award.

  • Illinois Legislature OKs Chicago pension overhaul

    State lawmakers on Tuesday approved Chicago Mayor Rahm Emanuel's proposal for overhauling two city pension programs that officials say could otherwise be out of money in little more than a decade.

  • Rahm Emanuel: Chicago pension changes tough, but worth it

    Chicago Mayor Rahm Emanuel says his plan to overhaul two city pension funds may be difficult to swallow, but will be worth it.

  • Pensions pose latest challenge for Chicago mayor

    CHICAGO (AP) — Rahm Emanuel has been a force in politics — the mastermind behind a Democratic takeover of Congress, dealmaker in two White Houses and now the hard-charging mayor intent on fixing what ails the nation's third-largest city, no matter whom he ticks off in the process. But less...



From the Weekly Standard

  • Through a Google Glass, Darkly

    “Just because something bears the aspect of the inevitable one should not, therefore, go along willingly with it.” ​—​Philip K. Dick

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  • 2014 ≠ 2016

    Polls are overrated, but they can be still instructive. So what’s to be learned from a Fox News survey of 1,012 registered voters conducted April 13-15? 

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  • As Goes North Carolina

    Raleigh, N.C.  To win the Senate, Republicans must win North Carolina. While it’s mathematically possible to take the Senate without ousting Democratic senator Kay Hagan, the chances of that...

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