By Associated Press | 07/28/14 08:11 AM
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.
By Michelle Malkin | 07/25/14 11:40 AM
The White House pretended to champion American workers this week with gimmicky initiatives on federal job training and "workplace innovation."
By Paul Bedard | 07/24/14 04:16 PM
Vice President Biden is looking to the future and retirement and wishing he had a Republican son--to help pay for his retirement home.
By Associated Press | 07/23/14 08:01 AM
Gov. Chris Christie's summertime talks with residents in beach communities starting Tuesday come with a theme that has some of his biggest critics riled up anew.
By Associated Press | 07/23/14 07:59 AM
A Superior Court judge has turned down the state's request to add municipal governments, school districts and scores of other defendants to a lawsuit that challenges the 2011 overhaul of Rhode Island's pension system.
07/22/14 04:15 PM
DETROIT (AP) — Companies that insure Detroit bonds and stand to lose millions repeated a pledge Tuesday to aggressively challenge the city's bankruptcy plan, a day after retirees endorsed pension cuts and qualified for a bailout led by the state. Syncora and Financial Guaranty Insurance said...
07/22/14 09:00 AM
LANSING, Mich. (AP) — Michigan Gov. Rick Snyder says a vote by Detroit workers and retirees to approve pension cuts in the city's bankruptcy is recognition that the state has pulled together in support of the city. In a statement Tuesday morning, Snyder said: "We have farther to go down this...
07/22/14 05:01 AM
DETROIT (AP) — Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday, a crucial step to emerging from the largest municipal insolvency in U.S. history. The city disclosed results from two months of balloting, which ended July 11. Judge...
By Associated Press | 07/20/14 01:51 PM
Douglas County is not obligated to contribute the same amount to retiree health plans as it does for active employees, the Nebraska Supreme Court has ruled.
By Associated Press | 07/20/14 01:55 PM
Since 2011, Pennsylvania Democrats have pointed to the budget-balancing cuts in education aid that GOP Gov. Tom Corbett signed six months into office. And there's evidence voters are listening: A recent independent voter poll found that the single biggest factor behind voter disapproval of...
07/18/14 08:15 PM
ALBANY, N.Y. (AP) — New York's $176.2 billion pension fund for public workers this year has proposed 29 corporations more thoroughly disclose their political spending. Three have agreed to do it: Comcast, Peabody Energy and CF Industries. New York Comptroller Thomas DiNapoli, the fund's...
07/16/14 11:45 AM
WASHINGTON (AP) — If there's anything that can unite Democrats and Republicans in the partisan swamp of Capitol Hill, it's free money. The latest example of free money in Washington is a retread proposal called "pension smoothing" that raises money but doesn't increase anyone's taxes. To some...
By Sean Higgins | 07/15/14 02:59 PM
On Monday, Detroit is expected to release the results of a vote by the state's retirees on an accepting a "grand bargain" bailout package from Michigan.
07/15/14 01:01 AM
SACRAMENTO, Calif. (AP) — Two of the nation's two largest public pension funds are reporting investment returns of more than 18 percent for the fiscal year. The Sacramento Bee reported (http://bit.ly/1sgna4M ) Monday that the California Public Employees Retirement System had earnings of 18.4...
By Mark Scolforo | 07/14/14 08:17 AM
The relationship between Gov. Tom Corbett and his fellow Republicans in the Legislature took a turn toward the dysfunctional this week as they traded insults about leadership following his decision to veto millions from the General Assembly's budget.
By Philip Klein | 07/28/14
By Paul Bedard | 07/28/14
By Byron York | 07/26/14
By Sean Higgins | 07/25/14
By David M. Drucker | 07/28/14