02/18/14 05:30 PM
PROVIDENCE, R.I. (AP) — Rhode Island mayors on Tuesday blasted the closed-door talks that yielded a proposed settlement in the legal challenge to the state's 2011 pension overhaul, complaining that they weren't consulted about a proposal that will cost local taxpayers millions. Several local...
02/18/14 05:15 PM
SACRAMENTO, Calif. (AP) — California's largest pension fund is considering increasing how much government agencies contribute to their workers' pensions. The rate increases proposed in this afternoon's California Public Employees' Retirement System board meeting comes because retirees are...
By Sean Murphy | 02/18/14 08:35 AM
Hundreds of teachers, firefighters and state employees rallied at the Oklahoma Capitol on Monday to protest proposed changes to the retirement system for public workers.
By Mark Flatten | 02/18/14 04:43 AM
From California to New Hampshire, state governments are using smoke and mirrors instead of cash to meet the constitutional or statutory mandates that they finish their fiscal years with balanced budgets.
By Bloomberg News | 02/15/14 01:21 PM
Rhode Island officials and union leaders said they reached a deal to settle challenges to public pension-overhaul laws aimed at strengthening one of the U.S.’s most underfunded retirement programs.
By associated press | 02/14/14 08:57 AM
The measure was approved 64-1 on Thursday and goes to the Senate for consideration. Under the legislation, judges would contribute a larger share of their salaries to the retirement system. Government employers also would pay more into the pension program.
By associated press | 02/14/14 08:54 AM
Representatives from both sides of the lawsuit are scheduled to report on efforts to reach a settlement in the case Friday afternoon.
By Sean Lengell | 02/12/14 05:19 PM
A bipartisan deal in the Senate cleared a path to undo a scheduled cut to military pensions, as both parties agreed to drop their proposals and accept a House version. The Senate on Wednesday overwhelming approved a House-passed measure that pays to restore the veterans' benefits by extending...
02/12/14 10:15 AM
WARWICK, R.I. (AP) — A federal mediation agency on Wednesday indefinitely postponed an announcement of a proposed settlement of a legal challenge to Rhode Island's landmark 2011 pension overhaul, leading to questions about the status of the deal. The Federal Mediation and Conciliation Service...
By Sean Lengell | 02/12/14 06:19 AM
Despite strong bipartisan support in Congress to undo a recently passed cut to military pensions, a debate between the House and Senate over whether to offset the cost of restoring the benefits has muddied its path for progress. The Republican-led House on Tuesday easily passed a measure to...
02/11/14 06:15 PM
WASHINGTON (AP) — The House voted overwhelmingly Tuesday to restore full cost of living increases to pension benefits for younger military retirees, responding eagerly to election-year pressure from veterans groups. The Senate debated a similar bill as lawmakers hastened to reverse course on...
02/10/14 08:00 PM
WASHINGTON (AP) — House Republican leaders Monday unveiled a plan to reverse a recently passed cut to military pensions as the price for increasing the government's borrowing cap, but it received a rocky reception from skeptical conservatives. GOP leaders briefed rank-and-file GOP lawmakers...
By Hugh Hewitt | 02/09/14 05:47 PM
The House of Representatives will almost certainly undo this week the very unjust cut to the retirement benefits of career military which House Appropriations Committee Chairman Hal Rogers, R-Ky., engineered in the recently adopted spending bill. House Budget Committee Chairman Paul Ryan,...
By Susan Ferrechio | 02/04/14 10:19 PM
The Senate this week will make another attempt to pass an extension of federal unemployment insurance by tying the effort to a plan to restore military pension benefits. Senate Majority Leader Harry Reid announced a Thursday vote on a bill that would provide federal jobless pay for three...
By Timothy P. Carney | 01/30/14 09:28 AM
President Obama plans to unilaterally create a new middle-class/working-class savings plan he calls the "MyRA" (intended to invoke Individual Retirement Accounts, presumably, rather than the Irish Republican Army).
By Paul Bedard | 03/09/14
By Charlie Spiering | 03/09/14
By Joel Gehrke | 03/08/14
By Philip Klein | 03/06/14
By Joel Gehrke | 03/08/14