Sentences with phrase «public employee pension»

Amid ongoing warnings about underfunded public employee pension funds, more than a dozen California state lawmakers are augmenting their $ 107,242 salaries by collecting retirement payments from...
At least $ 600 billion in assets currently invested by California's 80 different public employee pension funds, earning financial interests billions in management fees and commissions every year, and guaranteeing public employees retirement packages that ordinary citizens can only dream of.
Unfortunately, the new state budget won't help either despite allocation an additional $ 6 billion from the state's reserves to pay its public employee pension fund.
Rising costs of public employee pension plans are a source of fiscal stress in many cities and states and have led to calls for reform.
Some public employee pension plans around the country are less than 50 percent funded, and states and localities sometimes struggle to meet their benefit obligations, especially for pensions.
Oregon has the most expensive public employee health insurance on the West Coast and its public employee pension system is grappling with a $ 22 billion unfunded liability.
The public employee pension problem isn't new, but a teacher union leader's defense of it has sunk to new depths.
With everything «on the table» this year there will certainly be discussions about reforming Connecticut's public employee pension system.
Hyping the difficulty of public employee pension funds is one of the few growth industries in the current economy.
It got so bad for the unions that the one Republican they backed — Allen Fung for governor of Rhode Island — lost to Democrat Gina Raimondo who, as treasurer, worked to rein in out - of - control public employee pension spending.
The rift deepened last year, after Sweeney reneged on a pledge to allow a public referendum on constitutionally guaranteeing that the state regularly contribute to its public employee pension funds.»
Last night, by overwhelming margins, the Rhode Island legislature passed what may be the nation's most comprehensive state public employee pension reform ever.
[BOX 5] Alliance of Third Class Non-Profit Mailers, 1981 - 1982 Bureau of Oceans and International Environmental and Scientific Affairs (OES) files I, 1981 II, 1980 - 1981 III, 1978 - 1980 IV, 1979 - 1980 Council of Allied Engineering and Scientific Societies, 1969 - 1981 Council of Allied Engineering and Scientific Societies, 1981 - 1982 Department of Education, 1977 - 1978 Energy Research Advisory Board Multiprogram Laboratory Panel, 10/15/81 -11 / 19/82 Institute of Medicine - I, 1982 - 1983 Institute of Medicine - II, 1979 - 1982 Roger W. Jones Award, 1979 - 1980 W. K. Kellogg Foundation, 1982 Mellon (Andrew W.) Project, 1978 National Academy of Public Administration (NAPA) Files: I, 1981 - 1984 National Academy of Public Administration (NAPA) Files: II, 1981 - 1982 National Committee on Public Employee Pension Systems (PEPS), July 1982 National Governors» Association Meeting - Task Force on Technological Innovation, 2/21/82 National Publication Act of 1979 Office of Technology Assessment, 1972 - 1973 Peace and Conflict Resolution, 1980 Pensions for Professionals, 1971 - 1972 Saturday Review of Science, 1972 - 1979 Scientists and Engineers Emigrant Fund, 1978 - 1979 SOHIO, Standard Oil of Ohio Grant, 1982 - 1986 Technology in Science - Advisory Board, 1981 Tyler Prize, 1984 - 1985 White House Study of Science and Engineering Education, 1980 Znaiye (Soviet Scholarly Society), 1971 - 1977
There are a lot of misconceptions about New York's public employee pension systems.
«CSEA has no hesitation in saying that the proposal for a new public employee pension tier is an assault on the middle class and a cheap shot at public employees.
Unlike New York City's public employee pension, which voted to exit its hedge fund portfolio, the state pension isn't planning to yank its money from hedge funds, Fuller said.
«CSEA is offended by the recommendation on mandating public employees» share of health insurance coverage and the proposal to undermine the integrity of the public employee pension system,» said CSEA President Danny Donohue.
For the first time, we have a public employee pension system that contains the option of a defined contribution plan for some future non-union public employees.
Changing the public employee pension program would clearly be a bold action.
Additionally, lawmakers made a dark deal with Gov. Andrew Cuomo last spring trading support for onerous and unnecessary public employee pension tier changes in exchange for favorable legislative redistricting.
Traditional public employee pension programs in New York State have become unaffordable for taxpayers — while denying workers the ability to choose more flexible approaches to retirement planning.
New York City's biggest public employee pension fund is poised to vote today to begin pulling its investments from hedge funds, the latest move by a large pension plan to scrap an investment path that once promised big returns.
State Comptroller Tom DiNapoli, sole trustee of the state public employee pension fund, is again pushing for energy giant ExxonMobil to disclose how efforts to mitigate global warming will impact its corporate bottom line.
What: Forced out of office in 2006 for trading access to New York's $ 124 billion public employee pension fund for $ 1 million in benefits — including campaign
What: Forced out of office in 2006 for trading access to New York's $ 124 billion public employee pension fund for $ 1 million in benefits — including campaign contributions and luxury trips to Israel and Italy.
New York Governor Andrew Cuomo previously has said he planned to halt future fossil fuel investments in the state's public employee pension fund.
Albert Teichman, Chief Assistant to Rice in her former position as Nassau County District Attorney, was accused of double - dipping in the state's public employee pension program.
Pension income, whether from a public employee pension fund or from a private employer, is also taxable.
These large Rust - Belt metropolitan areas are collapsing under the weight massive budget deficits and catastrophically underfunded public employee pension funds.
Public employee pension funds are vulnerable to being used as a vehicle for advancing political / social goals unrelated to shareholder interests generally.
Legislators in New Jersey and teachers in Florida are now calling for public employee pension funds to sell their shares of firearms companies.
Resnick noted that Oregon's public employee pension fund lowered its assumed rate of return this summer from 7.75 percent to 7.5 percent.
The people in Denver who bother to read the news, especially the ones who are or will be dependent on the Colorado public employees pension fund (PERA), were greeted with a shock Tuesday.
Cuomo's press conference comes on the heels of a WSJ report by Jacob Gershman (subscription required) in which the AG called public employee pensions «disproportionate,» but stopped short of backing a plan to shift more of the cost — and risk — to workers.
Malliotakis» expressed view matches that of much of organized labor, opposing a convention on fears that it could result in weakening or eliminating the existing state constitution's prohibition on reducing public employee pensions.
In particular, he singled out the high cost property taxes and the main cost - driver, public employee pensions, taking issue with DiNapoli's office pointing to a record - high return for the fund at the end of the 2013 - 14 fiscal year.
Whether it's been attacking public employee pensions, refusing to help New York's unemployed workers, or failing to stand up to the Governor when he shut down hundreds of construction jobs, there is a long line of broken promises and actions in the Senate that have targeted the labor movement.
Cohen supports the Business Council's Enough Already NY campaign's Five to Survive economic reform agenda which includes: a property tax cap; a state spending cap; reducing the tax burden; reforming public employee pensions and limiting government borrowing.
Absent serious reforms in Albany regarding such items as skyrocketing Medicaid costs and public employee pensions, we will have much more difficult choices to make next year.
For example, state legislators packed a session on modifying public employee pensions at the recent meeting of the National Conference of State Legislatures in Louisville, Ky..
Public employee pensions are back in the spotlight as several states try to change benefits for current and future retirees.
Issues include: increasing the tax on health insurance; attacking public employee pensions by creating a new Tier V; and supporting an irresponsible property tax cap.
For example, state legislators packed a session on modifying public employee pensions at the recent meeting of...
Malloy is talking about the public employee pensions.
If these principles are adopted, the war against public employee pensions should end and all Americans will be able to enjoy a secure retirement.
The UFT set out its 2011 legislative priorities [http://files.uft.org/priorities.pdf] in a document that sought to bust the myths about generous public employee pensions and pointed out how any progress that schools have made will be erased by more cuts.
He proposed a series of policy reforms involving the state's budget, public employee pensions, the drawing of political district lines, and education.
However, voters are fed up with the union's attempts to keep a failing public education system from being reformed and having massive debt foisted on them in the form of public employee pensions.
According to the Federal Reserve, public employee pensions in aggregate nationally are in serious trouble.
Ultra-conservative Grover Nordquist just said that he's not worried about the national election because his party added new governors: «Our strength is state by state,» Norquist said, adding that it is there that Republicans would enact the policies — ending teacher tenure, reining in public employee pensions, promoting school choice — that would invigorate the national party from the bottom up.»
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