Sentences with phrase «public employee pensions»

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.

Major issues during the 2016 legislative session included passing a state budget, public employee pension plan reform, and school funding.

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.

But more must be done to control public employee pension costs.

Under state law, the bulk of public employee pensions come from investment returns generated by the retirement fund.

She expressed concerns about stripping or reductions of public employee pensions.

Legislators in New Jersey and teachers in Florida are now calling for public employee pension funds to sell their shares of firearms companies.

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.

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.

Last night, by overwhelming margins, the Rhode Island legislature passed what may be the nation's most comprehensive state public employee pension reform ever.

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 previous government jobs, a practice that taxpayer activists condemn as «double dipping.»

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.

New York's Department of Financial Services has been closely examining the state's multibillion - dollar public employee pension funds for the past two years, and its findings will soon be made public.

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..

For example, state legislators packed a session on modifying public employee pensions at the recent meeting of...

Traditional public employee pension programs in New York State have become unaffordable for taxpayers

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.

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.

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.

Courts, including the Wisconsin State Supreme Court, have historically protected public employee pension benefits.

The stock market would have tanked big time if public employees pension plans had not kept buying into it even during the lowest of the lows.

By Matt Pommer Public employee pensions are back in the spotlight as several states try to change benefits for current and future retirees.

If these principles are adopted, the war against public employee pensions should end and all Americans will be able to enjoy a secure retirement.

Mayor Michael Bloomberg blasted public employee pensions, current layoff rules and educators serving in the Absent Teacher Reserve in a State of the City address on Jan. 19 in which he said he would shrink the cost of government by going after public employee benefits rather than raise taxes to meet this year's budget challenges.

«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.

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.

New Jersey's recently - enacted public employee pension reform package, despite its shortcomings, has been called a national model.

Senator Sweeney has been pushing Governors and fellow legislators to address the health of New Jersey's public employee pension systems since 2002.

In addition, my Democratic colleagues have worked hard to implement reforms that both demonstrate our commitment to a new era in Albany and affect taxpayers directly — including a strict property tax cap, reforms and cost - savings for public employee pensions and tough new rules for insurance companies and HMOs.

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...

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.

Dietl's 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.

New York's Department of Financial Services has been closely examining the state's multibillion - dollar public employee pension funds for the past two years.

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.

Last night, by overwhelming margins, the Rhode Island legislature passed what may be the nation's most comprehensive state public employee pension reform ever (see our analysis for an education perspective on the bill).

Biggs examines the evidence for «transition costs» and concludes that the concerns are «largely mistaken and should not stand in the way of public employee pension reforms.»

Hyping the difficulty of public employee pension funds is one of the few growth industries in the current economy.

These large Rust - Belt metropolitan areas are collapsing under the weight massive budget deficits and catastrophically underfunded public employee pension funds.

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.

Pension income, whether from a public employee pension fund or from a private employer, is also taxable.

New York Governor Andrew Cuomo previously has said he planned to halt future fossil fuel investments in the state's public employee pension fund.

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.

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

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.