Source: Chicago Tribune | Illinois |
August 17, 2012
Former lawmakers will cost the state less money when they fatten their state pensions with short-time lucrative jobs with cities, counties and other local governments under a law Gov. Pat Quinn signed.
Gov. Susana Martinez has decided to post the names and salaries of classified state employees in a new place after a judge ruled last month that Martinez must remove those workers' names from the New Mexico Sunshine Portal.
Source: Washington Post | Virginia |
August 16, 2012
Virginia finished its fiscal year June 30 with a $448.5 million surplus through a combination of higher-than-projected revenues and agency cost-cutting, putting the state far enough into the black to give a 3 percent bonus to state workers who have not had a pay raise in five years.
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.
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