Search
Categories
Tags
Date
OKLAHOMA CITY (AP) — Most retired school teachers, firefighters and other public workers would receive their first pension increase in 12 years under a bill that sailed through the Oklahoma House on Tuesday. Members voted 99-0 for the bill to…
WASHINGTON, March 3, 2020 /PRNewswire/ — As many small towns and rural communities across America face shrinking populations and slowing economic growth, a new report finds that one positive economic contributor to these areas is the flow of benefit dollars from public pension…
A compromise over how much to hike payments to retired public employees would provide different cost of living adjustments based upon how long individuals have been receiving benefits. Called a COLA, a cost of living adjustment has not been approved…
CHICAGO (Reuters) – Former U.S. senator Alan Simpson summarized the argument well: seniors fighting Social Security benefit cuts were nothing more than “greedy geezers” stealing from young people “who are going to get gutted.” The Wyoming Republican’s memorable phrase from…
Note: The author is a retired state employee. Retired Oklahoma state and local public servants have now gone 10 years without a cost of living adjustment, while inflation has eaten away at their income. For decades they taught our children,…
WASHINGTON, Feb. 5, 2020 /PRNewswire/ — As governments struggle to fill jobs that deliver vital public services, new research from the National Institute on Retirement Security (NIRS) finds that Millennials working in state and local government are satisfied with their jobs and intend to stay…
FRANKFORT, Ky. — As state lawmakers continue to grapple with funding teacher pensions, some say lessons from neighboring West Virginia can offer insight into whether or not Kentucky should switch to a defined-contribution retirement plan for teachers or uphold its…
PHOENIX, Ariz. – Healthy pension plans for public workers help the Arizona economy, not just the retirees who get the checks, according to the latest research. Backers of Arizona’s public pension system say their defined-benefit retirement plans are doing well, although…
Although state retirement systems have made a strong recovery from the Great Recession to reduce once-yawning funding gaps, years of tax cuts could come back to haunt states and force them to reduce retirement benefits. That’s according to a report…
Service is a special word. Americans grant the word to our servicemen and women around the globe protecting our country, and to police officers, firefighters and educators in our communities. Dedicating one’s life to service requires a special type of…
Of all the issues likely to come up during the 2020 budget session, a solution for retirees on the state’s pension system — who have not seen a cost-of-living increase to their benefits in more than a decade — is…
There are millions of state and local public employees across the U.S who are not covered by Social Security, and are banking instead on government pensions as a main source of retirement income. Researchers with the Urban Institute recently highlighted how these…