Source: Chicago Tribune | Chicago |
August 30, 2012
The Chicago Teachers Union filed a 10-day strike notice that moved the city closer to its first teacher walkout in 25 years and left the district racing to finalize a plan if more than 402,000 students are locked out of the classroom.
Gov. Jerry Brown and Democratic lawmakers unveiled a long-awaited deal Tuesday that for the first time would set statewide public pension formulas for new hires in both state and many local government jobs. The plan, which is likely to win approval in the Democratic-controlled Legislature, assumes higher contributions from existing employees and imposes pension caps, and raises the retirement age for new workers.
While it’s unclear how many public universities use a similar system, a survey this year by executive compensation consultants Yaffe & Company suggests that just over one-third of presidents at private universities have some of their pay tied to performance.
Source: Sacramento Bee | California |
August 21, 2012
What started as a quiet scheme to draw down excessive leave hours built up by state parks managers quickly spread, first to hardship cases and then to the rank and file, according to recently released state investigative documents.
Source: Washington Post | Nation |
August 17, 2012
Already-strapped state and local governments are coming under increasing pressure to reduce pension benefits or increase taxpayer contributions that help pay for them because of new rules that would require them to report those obligations more honestly, advocates say.
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