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The American Legislative Exchange Council (ALEC), a corporate-funded conservative think tankbest known for pushing “stand your ground”, voter ID, and anti-union laws, has identified its latest cause célèbre: public pensions.
Since the once-great city of Detroit filed for bankruptcy, Americans everywhere are in a panic. Is my city next? Is my state facing financial disaster? From Wisconsin’s controversial Gov. Scott Walker to New Jersey’s Chris Christie, politicians all over seem…
So we have a new feature out today, “Looting the Pension Funds,” that looks at the blame game being played with state and municipal fiscal crises and the hiring of ultra-expensive “alternative investments” like hedge funds as a key trend…
Public employees pushed back Tuesday against escalating pressure from legislative leaders and the Fallin administration to accept changes to the state’s public employee retirement plans.
This morning, Pew Charitable Trusts – which has jeopardized its credible reputation by teaming up with former Enron executive John Arnold to introduce pension-crippling plans all over the country – made an initial presentation to the Jacksonville Retirement Reform Task…
In May of 2013, the Pew Charitable Trusts released a report that sounded a frightening alarm. Titled “Retirement Security Across Generations” and widely cited throughout the national media, the study found that a lack of retirement savings, less guaranteed pension…
Yesterday, the Jacksonville Daily Record reported that Pew Charitable Trusts is dropping into Jacksonville to promote their cash balance overhaul policies as a “solution” to the city’s pension problems.
A proposal to alter Illinois’ public pension systems would significantly undermine the retirement security of teachers and other public-sector workers and create a new threat to the fiscal sustainability of the state’s pension systems, according to a new study
In light of news surrounding Detroit’s bankruptcy filing, pundits and outside observers are already using the city’s fiscal woes as an opportunity to perpetuate the argument that public pension plans are unsustainable.
According to a recent Capitolwire report, a new draft analysis by the Public Employee Retirement Commission (PERC) concludes that Governor Corbett’s 401(k)-style pension reform proposal would cost billions of additional dollars.
Today, the editorial board of the Philadelphia Inquirer joined the voices of 800,000 teachers, emergency responders, nurses, retirees and other middle-class Pennsylvanians, in opposition to Governor Corbett’s attack on middle-class retirement security.
Rhode Island’s Public Pension Reform Looks More Like Wall Street Feeding Frenzy.