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Highlights

A collection of news and information related to Pension and Welfare published by this site and its partners.

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    May 19, 2013 |Column| Baltimore Sun
  1. How not to run a local government

    One of the more enjoyable aspects of my public career was an excellent relationship with public safety unions. Law enforcement, fire and EMT groups were supportive of my races for the state legislature, Congress and governor. Although not unheard of,...

    Tags: Bankruptcy, Interior Policy, Elections, Politics, Public Employees

  2. May 19, 2013 |Story| Chicago Tribune
  3. Editorial: Mayor Difficult -- Has Emanuel alienated Chicagoans?

    Early in 2011, Candidate Rahm Emanuel warned Chicagoans that their City Hall had to fix its finances or risk entering into eternal rest. The distance from broke government to broken government, he observed, is short: Without restoring financial health, this city cannot continue to serve its citizens.
    Early in 2011, Candidate Rahm Emanuel warned Chicagoans that their City Hall had to fix its finances or risk entering into eternal rest. The distance from broke government to broken government, he observed, is short: Without restoring financial health,...

    Tags: Interior Policy, Career and Workplace, Elections, Politics, Richard M. Daley

  4. May 18, 2013 |Story| Los Angeles Times
  5. How the IRS spun out of control

    WASHINGTON — Steven Miller, the top enforcement official at the Internal Revenue Service, thought he might have trouble on his hands.
    WASHINGTON — Steven Miller, the top enforcement official at the Internal Revenue Service, thought he might have trouble on his hands. Election season was well underway in March 2012 when tea party organizations started to complain angrily of IRS...

    Tags: Interior Policy, Politics, U.S. Department of the Treasury, Crime, Law and Justice, U.S. Congress

  6. May 18, 2013 |Story| WSBT-TV
  7. 21 NE Ind. residents charged in welfare fraud scam

    FORT WAYNE, Ind. (AP) — Northeastern Indiana authorities have charged 21 people in a welfare fraud scam alleging that they illegally exploited welfare benefits to stock a Fort Wayne restaurant's pantry shelves. All 21 charged Friday are accused of...

    Tags: Interior Policy, Lifestyle and Leisure, Restaurants, Restaurant and Catering Industry, Politics

  8. May 18, 2013 |Story| Chicago Tribune
  9. Cullerton, Madigan square off with competing pension reform plans

    — As Illinois lawmakers weigh a pair of competing pension reform plans this spring, a big factor they're considering is how much each approach would save the beleaguered state treasury.
    — As Illinois lawmakers weigh a pair of competing pension reform plans this spring, a big factor they're considering is how much each approach would save the beleaguered state treasury. Illinois already spends more on government worker...

    Tags: Interior Policy, Career and Workplace, Health Insurance Cost, Heather Steans, Politics

  10. May 17, 2013 | Chicago Tribune
  11. Open thread: The weeks in review

    Change of Subject
    The "Weeks in Review" feature is now an open thread in which commenters can talk about any current events or cultural phenomena that have caught their attention, including but limited to the topics brought up in our traditional roundup of......
  12. May 17, 2013 |Story| Burbank Leader
  13. Ron Kaye: It's time for Burbank to think twice

    Here we go again — at the first sign of recovery from the worst recession since the Great Depression, government officials are gearing up to line their pockets with taxpayer money.
    Here we go again — at the first sign of recovery from the worst recession since the Great Depression, government officials are gearing up to line their pockets with taxpayer money. The Burbank City Council took the lead last week by granting 100...

    Tags: Interior Policy, Politics, Government, Missing Persons, Civil and Public Service

  14. May 17, 2013 |Story| Los Angeles Times
  15. JPMorgan's Jamie Dimon facing push to drop chairman title

    NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank.
    NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...

    Tags: Interior Policy, Elections, Politics, New York City, Jamie Dimon

  16. May 17, 2013 |Story| Chicago Tribune
  17. Illinois pension troubles reduce talent pool, school officials say

    Lake Forest High School District 115 Superintendent Michael Simeck said new restrictions on Illinois' pension program may render it more difficult to recruit out-of-state teachers and administrators.
    Lake Forest High School District 115 Superintendent Michael Simeck said new restrictions on Illinois' pension program may render it more difficult to recruit out-of-state teachers and administrators. Simeck said a number of cost-reducing reforms that...

    Tags: Interior Policy, Elections, Politics, Illinois General Assembly, Lake Forest

  18. May 17, 2013 |Story| Los Angeles Times
  19. Letters: A perfect storm in politics

    Re "501(c)(4)s are the real IRS scandal," Column, May 15 Michael Hiltzik is right. The IRS should put every tax-exempt 501(c)(4) organization under a microscope. Vague tax rules, the Supreme Court's Citizens United decision and the absurd cost of...

    Tags: Interior Policy, Elections, Politics, Internal Revenue Service, Taxation

  20. May 17, 2013 |Story| Chicago Tribune
  21. Madigan says universities, community colleges willing to share pension costs

    — House Speaker Michael Madigan on Thursday announced that he has struck a preliminary deal with the state's universities and community colleges that will require them to slowly pick up the cost of teacher pensions over several years even as tuition rates continue to rise.
    — House Speaker Michael Madigan on Thursday announced that he has struck a preliminary deal with the state's universities and community colleges that will require them to slowly pick up the cost of teacher pensions over several years even as tuition...

    Tags: Interior Policy, Northbrook, Politics, Elaine Nekritz, Michael Madigan

  22. May 16, 2013 |Story| Los Angeles Times
  23. Facing walkout, UC medical centers canceling elective surgeries

    SACRAMENTO — Facing a possible two-day strike next week by patient care and technical workers, the five large University of California medical centers are starting to cancel elective surgeries that had been scheduled as soon as Monday, officials said.
    SACRAMENTO — Facing a possible two-day strike next week by patient care and technical workers, the five large University of California medical centers are starting to cancel elective surgeries that had been scheduled as soon as Monday, officials...

    Tags: Interior Policy, Career and Workplace, Strikes, Hospitals and Clinics, Politics

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Pension and Welfare Photos
States nationwide have badly underfunded pension plans.
(April 29, 2013)
States nationwide have badly underfunded pension plans.
Welfare benefits changes
(April 22, 2013)
Welfare benefits changes
Kim Matthews has joined Northern Trust's Multi-Manager...
(March 4, 2013)
Kim Matthews, pension risk strategist, Northern Trust