More Pensions Articles

  • Metropolitan Opera reaches deal with stagehands

    NEW YORK (AP) — New York City's Metropolitan Opera reached a deal early Wednesday with its stagehands and said it expects to avert a lockout by reaching agreements with the remaining unions. The opera company said rehearsals will continue and the season will open as scheduled Sept. 22 with a...

  • California committee approves higher pension calculations

    A state pension fund committee on Tuesday approved retirement calculations for new government hires despite concerns about so-called "pension spiking" raised by Gov. Jerry Brown and local governments.

  • Bobby Jindal supports reversal of Edmonson pension boost

    Gov. Bobby Jindal believes the last-minute passage of a pension hike for his state police superintendent, Col. Mike Edmonson, was improperly handled and should be repealed, the governor's office said Tuesday.

  • Committee approves higher pension calculations

    SACRAMENTO, Calif. (AP) — A state pension fund committee on Tuesday approved retirement calculations for new government hires despite concerns about so-called "pension spiking" raised by Gov. Jerry Brown and local governments. The committee of the California Public Employees' Retirement System...

  • Florida pension plan posts strong year

    TALLAHASSEE, Fla. (AP) — Florida's main retirement account for state workers, teachers and other public employees is growing by a double-digit margin. The State Board of Administration released preliminary numbers Tuesday showing that the Florida Retirement System plan grew 17.4 percent in the...

  • Colorado high court won't hear pension lawsuit

    DENVER (AP) — The Colorado Supreme Court has decided not to hear a lawsuit from state Treasurer Walker Stapleton seeking information about employee benefits in the state's pension system. The court issued its decision Monday. Stapleton had appealed to the state's highest court after two lower...

  • In governor's race, Gina Raimondo touts her pension fix

    At first, Gina Raimondo thought solving Rhode Island's pension problem was just a matter of math: Billions of dollars of unfunded benefits were owed to the state's teachers, police officers, firefighters and others.

  • NY pension fund estimate reaches $180.7 billion

    ALBANY, N.Y. (AP) — New York's pension fund for state and local government workers reported Friday reaching a record high of $180.7 billion following a 3.6 percent return on investment in the most recent quarter. That includes "solid performance" in domestic and global stocks, which account for...

  • US settles with Kansas over alleged pension fraud

    WICHITA, Kan. (AP) — Federal authorities announced Monday that Kansas has agreed settle a securities fraud charge accusing the state of misleading investors about the financial health of its public employee pension system in 2009 and 2010 — at the time the second-worst underfunded system of its...

  • Illinois governor, opponent clash over investments, pensions

    As one of the nation's most competitive governor's races picks up, voters in Illinois are hearing a whole lot about a British territory thousands of miles away in the Caribbean.

  • Change to public employee annuities spurs exodus

    A northwestern Indiana judge will lose a combined 67 years of experience this month when all three of his employees retire.

  • Christie creates panel to study pension overhaul

    PARSIPPANY, N.J. (AP) — Gov. Chris Christie is looking outside his administration for solutions to the state's budget woes. Christie signed an executive order Friday convening a nonpartisan blue ribbon commission assigned to produce recommendations for tackling the state's rising pension and...

  • Congress passes highway bill hours before deadline

    After several delays, Congress voted late Thursday to keep federal highway money flowing to states just hours ahead of a midnight deadline.

  • NYC pension funds at $160.5 billion

    New York City's pension funds ended the latest fiscal year with a record-high value of $160.5 billion, City Comptroller Scott Stringer said Monday.

  • Still fighting: The Delphi workers Obama robbed

    The White House pretended to champion American workers this week with gimmicky initiatives on federal job training and "workplace innovation."



From the Weekly Standard

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    On Tuesday, August 19, an American citizen, James Foley, was savagely killed. The group of jihadists known as ISIL had previously killed and brutalized tens of thousands of non-Americans. But they...

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    President Obama insists Republican opposition to his policies has forced him to boycott Congress and resort to governing by executive order. This is only partially true. Yes, Republicans strongly...

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