Last year, Rhode Island enacted what experts said was the most far-reaching, sophisticated public pension reform in the country to date. Yet the smallest state in the United States can't say it has won the fight.
Source: Boston Globe | Massachusetts |
August 10, 2012
The Massachusetts state pension agency is set to give a huge $815,000 performance bonus package to most of its 25-member staff, including a nearly $100,000 payout to its executive director, despite the fact that the fund sputtered through a fiscal year that ended with a slight loss in value.
Lawmakers have become acutely familiar with the financial challenges caused by pension underfunding, and they're certainly aware of the political difficulties involved in trying to change pension formulas. But the legal hurdles involved in changing pension benefits can be formidable as well.
Source: Newark Star-Ledger | New Jersey |
August 7, 2012
After some two years of bitter public clashes, Gov. Christie set aside his differences with the state’s teachers unions and signed a bill making it easier for school districts to weed out underperforming teachers while preserving job security for the most senior educators.
Bringing an official end to one of the most notable political careers in Alabama history, a federal judge resentenced former Alabama Gov. Don Siegelman to six and a half years in prison on bribery and conspiracy charges.
New York City was sued by the U.S. government on Thursday over allegations it unlawfully reduced pension benefits for police officers who have served in the military since the September 11, 2001, attacks.
The University of Southern California and former Gov. Arnold Schwarzenegger on Wednesday announced a partnership to establish a think tank that will seek bipartisan solutions to environmental problems, economic policy, political reform and other public policy issues.
Source: Denver Post | Denver, Colo. |
August 1, 2012
Hundreds of photo-speed-van and red-light-camera tickets issued to city of Denver employees driving city cars have gone unpaid, according to manager of safety records. Using 3½ years of records obtained using Colorado open-records laws, 607 citations were found to be unpaid, even though most city agencies require workers to pay tickets they receive in city vehicles.