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    May 5, 2013 |Story| Chicago Tribune

  1. Illinois pension overhaul aims to stop outsider access

    — For years, the big debate about reforming the state's heavily underfunded pension system has centered on how many billions the state could save and how much money retirees might lose. But the proposal the House passed last week also seeks to stop allowing interlopers who aren't state workers into the taxpayer-supported retirement systems.
    — For years, the big debate about reforming the state's heavily underfunded pension system has centered on how many billions the state could save and how much money retirees might lose. But the proposal the House passed last week also seeks to...

    Tags: Labor Legislation, Politics, Government, Lobbying, Elaine Nekritz

    2. May 3, 2013 |Story| Chicago Tribune

  2. What's in the Illinois House pension bill

    The Illinois House approved a comprehensive pension overhaul Thursday. Here's what's in it: •Whom it covers: Applies to state government workers, teachers outside Chicago Public Schools, state university employees and the General Assembly. •...

    Tags: Career and Workplace, Interior Policy, Politics, Employees, Chicago Public Schools

    3. May 8, 2013 |Story| Chicago Tribune

  3. 2nd N.Y. pension fund divests holdings in gunmakers

    The $45.7 billion New York City Employees' Retirement System has divested its $16.3 million holdings in Alliant Techsystems Inc., Olin Corp,, Sturm Ruger & Co,, Smith & Wesson Holding Corp. and Forjas Taurus SA.
    The $45.7 billion New York City Employees' Retirement System has divested its $16.3 million holdings in Alliant Techsystems Inc., Olin Corp,, Sturm Ruger & Co,, Smith & Wesson Holding Corp. and Forjas Taurus SA. It is the second New York City pension...

    Tags: Alliant Techsystems Inc., New York City, Interior Policy, Politics, Olin Corporation

    4. May 9, 2013 |Story| Chicago Tribune

  4. Local Voices: Highland Park

    Letters to the editor from Highland Park residents.
    Letters to the editor from Highland Park residents. Community success It is a sincere honor to be elected to serve as councilman for Highland Park. Campaigns are not as much about the candidates as they are about the community they want to serve. As...

    Tags: Elections, Rick Perry, Interior Policy, Highland Park (Cook, Illinois), Government

    5. May 3, 2013 |Story| Chicago Tribune

  5. Lululemon sued over exec bonuses before pant recall

    Trendy yoga wear retailer Lululemon Athletica has been sued by a pension fund shareholder looking into if the board wasted company money by raising potential executive bonuses on the eve of a massive pant recall that could cost the company millions of dollars.
    Reuters
    Trendy yoga wear retailer Lululemon Athletica has been sued by a pension fund shareholder looking into if the board wasted company money by raising potential executive bonuses on the eve of a massive pant recall that could cost the company millions of...

    Tags: Hallandale Beach, Crime, Law and Justice, Trials, Laws, Justice System

    6. May 7, 2013 |Story| Glendale News Press

  6. After impasse with IBEW, Glendale City Council imposes pay cut on utility workers

    More than 200 Glendale Water &amp; Power employees and their union comrades packed City Hall&nbsp;<span class="aBn" data-term="goog_1533189364"><span class="aQJ">Tuesday</span></span>&nbsp;night to protest a contract that cuts their pay<span><span>&nbsp;by</span></span>&nbsp;1.75%.
    More than 200 Glendale Water & Power employees and their union comrades packed City Hall Tuesday night to protest a contract that cuts their pay by 1.75%. Despite the showing, the City Council — unable to reach a deal with the International...

    Tags: Google Inc., Health Insurance, Judges, Public Officials, Crime, Law and Justice

    7. May 3, 2013 |Story| Chicago Tribune

  7. St. Charles park district release errors blamed on misunderstanding

    The St. Charles park board president cited a misunderstanding in explaining why the district sent out a press release that inaccurately described the departure of the parks director as a retirement due to his being "fully vested" in his pension, rather than as a resignation.
    The St. Charles park board president cited a misunderstanding in explaining why the district sent out a press release that inaccurately described the departure of the parks director as a retirement due to his being "fully vested" in his pension, rather...

    Tags: Interior Policy, Politics

    8. May 8, 2013 |Story| Glendale News Press

  8. Glendale officials to see black ink

    Glendale officials say they expect the city to end the fiscal year next month $3.9 million in the black — money that could be used to shore up worker compensation and other funds that are in severe need of replenishment. In addition to the surplus...

    Tags: Google Inc., Economy, Business and Finance, California Public Employees' Retirement System, Budgets and Budgeting, Career and Workplace

    9. May 8, 2013 |Story| Chicago Tribune

  9. Retired teachers threaten to sue over pension changes

    &mdash; Senate President John Cullerton says one good reason to support his pension reform plan is that the unions won't sue because they're in on the deal, but already a group of retired teachers is prepared to go to court if the proposal becomes law.
    — Senate President John Cullerton says one good reason to support his pension reform plan is that the unions won't sue because they're in on the deal, but already a group of retired teachers is prepared to go to court if the proposal becomes law....

    Tags: Education, Trials, Politics, Teaching and Learning, Elaine Nekritz

    10. May 8, 2013 |Story| Chicago Tribune

  10. Voice of the People, May. 08

    This is in response to "Tribune Watchdog: Divorce court weds power and privacy; Well-connected politicians, prominent lawyers keep their family matters secret with consent of judges in Domestic Relations Division." The article conveniently ignores two...

    Tags: Economic Policy, Springfield, Michael Madigan, Budgets and Budgeting, Interior Policy

    11. Apr 22, 2013 |Column| Los Angeles Times

  11. Newton: Mayoral candidates, show us the money

    The complaint I hear most often about this race for mayor of Los Angeles is that the candidates, Controller Wendy Greuel and Councilman Eric Garcetti, spend too much time talking in generalities without providing details about what they'd do. But when it comes to the city budget, the two candidates are so lost in the details that they often seem to be missing the big picture.
    The complaint I hear most often about this race for mayor of Los Angeles is that the candidates, Controller Wendy Greuel and Councilman Eric Garcetti, spend too much time talking in generalities without providing details about what they'd do. But when...

    Tags: Eric Garcetti, Elections, Los Angeles Times Columnists, Jim Newton, Budgets and Budgeting

    12. Apr 22, 2013 |Column| South Florida Sun-Sentinel

  12. Ex-Miramar cop drew paid leave while losing Caravella lawsuit

    While George Pierson was attending — and losing — a civil trial for framing a mentally challenged teen, the former Miramar police detective was drawing a full paycheck from his current government employer, Citrus County. Pierson, 63, a code...

    Tags: Prosecution, Crime, Law and Justice, Trials, Justice System, Interior Policy

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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
 » All 32 Pension and Welfare photos