More Pensions Articles

  • 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...

  • Settlement fails in Rhode Island pension overhaul

    A proposed settlement that would have ended the legal fight over Rhode Island's 2011 landmark pension overhaul, which has been a model for other states looking to rein in runaway pension costs, was rejected by one of the groups voting on it, officials announced Monday. The parties were ordered...

  • Illinois' next pension issue: Police and fire funds

    Mayors across Illinois are demanding that state lawmakers address serious shortfalls in local police and fire pension funds. The effort comes after the Illinois Legislature dealt with the state's own pension problem last year.

  • Examiner Editorial: Teachers union strong-arms the financial community

    Randi Weingarten says she just wants to help the financial community. To that end, the president of the American Federation of Teachers has compiled a document called “Ranking Asset Managers.” The purpose of the pamphlet, released last month, is to promote “transparency and disclosure”...

  • Lawmakers fear blame for Chicago pension tax hike

    SPRINGFIELD, Ill. (AP) — A fast-tracked plan to overhaul two Chicago city-pension programs slowed in the Illinois House Thursday, as nervous lawmakers said they fear backlash for a massive property-tax increase even if they don't directly approve it. House Speaker Michael Madigan wanted quick...

  • Chicago mayor reaches tentative pension deal

    Chicago Mayor Rahm Emanuel's plan to cut about half of the city's pension debt would raise property taxes while increasing the amount of money city workers contribute to their retirement.

  • Rhode Island workers, retirees mull pension deal

    The fate of Rhode Island's landmark pension overhaul — a model cited in other states wrestling with escalating retirements — now hinges on the votes of the same government workers and retirees who sued to block the law.

  • Rhode Island workers, retirees mull pension deal

    PROVIDENCE, R.I. (AP) — The fate of Rhode Island's landmark pension overhaul — a model cited in other states wrestling with escalating retirements — now hinges on the votes of the same government workers and retirees who sued to block the law. Thousands of teachers, firefighters, police...

  • Illinois Gov. Pat Quinn: Extending income tax hike is 'tough choice'

    Gov. Pat Quinn knows trying to make the state's temporary income tax increase permanent will be a "tough choice" for Illinois lawmakers, but that the issue could be even tougher for voters who'll decide if the Chicago Democrat gets another term.

  • Illinois Gov. Pat Quinn ready to present state budget proposal

    Quinn is expected to stress his election-year theme of protecting the middle class as he presents a budget address Wednesday that political experts and lawmakers say could be his toughest yet.

  • Arizona House delays vote on $9.2 billion budget

    The Arizona House of Representatives on Monday failed to reach a budget deal after hours of tenuous discussions and a called off vote that left a frustrated Speaker Andy Tobin huddled with members of his own party who refused to back a plan he endorsed.

  • High court to New Orleans: pay $17M for NOFD pensions

    The city of New Orleans must pay $17.5 million for its share of the fire department's retirement fund for 2010 through 2012, The Louisiana Supreme Court has ruled.



From the Weekly Standard

  • Why the New York Times Poll Is Bogus

    The Arkansas Senate race has been close in virtually every serious poll. The Republican challenger, Tom Cotton, probably had a small lead a month or so ago; after a massive negative assault on him...

    Read More...
  • Hustle Is Overrated

    The Bryce Harper-Mike Trout showdown is underway and the outcome is, well, inconclusive. In round one Monday night, the Nationals leftfielder walked and went hitless in three at bats while the...

    Read More...
  • Kennedy’s Question

    We often think of the Constitution as a two-part document: first the original 1787 text, which primarily establishes the government’s structure; and then the amendments, which primarily set...

    Read More...