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    May 14, 2013 |Story| South Florida Sun-Sentinel

  1. Rich Danker: For real pension reform, inequality must be stressed

    Just a few years ago, pension reform appeared inevitable. The drop in asset prices during the financial crisis had left public pension funds trillions of dollars behind on meeting future obligations. The defined benefit model was under fire as unduly...

    Tags: Retirement, Politics, Civil and Public Service, Jack Latvala, Elections

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

  2. 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: Politics, Health and Safety at Work, Justice System, Google Inc., Collective Contract

    3. May 13, 2013 |Story| Petoskey News

  3. Report: Detroit is broke; could bankruptcy lie ahead?

    DETROIT (AP) &mdash; The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money &mdash; a financial meltdown that could mean employees don't receive paychecks, retirees lose their pensions and residents endure even deeper cuts in municipal services.
    DETROIT (AP) — The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money — a financial meltdown that could mean employees don't receive paychecks, retirees lose their...

    Tags: Rick Snyder, Bankruptcy, Politics, Financially Distressed Companies, Finance

    4. May 13, 2013 |Story| Allentown Morning Call

  4. Mensch and Costa: Remove stigma of welfare from DPW

    The term "welfare" is defined as the general well-being of an individual or group of individuals. However, when used in association with government services, the term has unfortunately developed a negative connotation.
    The term "welfare" is defined as the general well-being of an individual or group of individuals. However, when used in association with government services, the term has unfortunately developed a negative connotation. One state agency that suffers from...

    Tags: Abusive Behavior, Politics, Edward G. Rendell, Jay Jr Costa, Nursing Homes

    5. May 10, 2013 |Story| Los Angeles Times

  5. IRS admits to improperly targeting conservative groups

    WASHINGTON &ndash; The Internal Revenue Service improperly screened applications from conservative groups that sought tax-exempt status, a senior IRS official said Friday.
    WASHINGTON – The Internal Revenue Service improperly screened applications from conservative groups that sought tax-exempt status, a senior IRS official said Friday. IRS staffers selected for more review the applications that included the words...

    Tags: Politics, Taxation, U.S. Congress, Internal Revenue Service, Tea Party Movement

    6. May 12, 2013 |Story| South Florida Sun-Sentinel

  6. Now, it's Gov. Scott's turn to show leadership on the budget

    South Florida survived the Florida Legislature. Up next is Gov. Rick Scott who can turn a bill into law and a lawmaker's budget request into reality — or not. Over the next two weeks, the governor will either approve, or kill, a number of...

    Tags: Palm Beach County, Politics, Budgets and Budgeting, Medicaid, Regional Authority

    7. May 11, 2013 |Story| Glendale News Press

  7. Former city workers retired, but still working

    Former Glendale Police Capt. Ray Edey is not one to relax, so when he had the opportunity to return to writing grant applications for the city in September 2011, about a week after he retired, he took it.
    Former Glendale Police Capt. Ray Edey is not one to relax, so when he had the opportunity to return to writing grant applications for the city in September 2011, about a week after he retired, he took it. "I don't golf, fish or hunt," said the 30-year...

    Tags: Health and Safety at Work, Politics, Public Employees, Google Inc., California Public Employees' Retirement System

    8. May 11, 2013 |Story| Glendale News Press

  8. Glendale pays big pension numbers

    As Glendale struggles to get a handle on its growing pension obligations, records show that about 11% of the nearly 1,350 city retirees draw annual pensions of more than $100,000 a year &mdash; and some of them far more than that.
    As Glendale struggles to get a handle on its growing pension obligations, records show that about 11% of the nearly 1,350 city retirees draw annual pensions of more than $100,000 a year — and some of them far more than that. At the top of the list...

    Tags: Politics, Retirement, 401K, Public Employees, Employee Benefits

    9. May 11, 2013 |Story| Allentown Morning Call

  9. Legislators, not teachers, at fault for Pa. pension crisis

    Your article about the state pension crisis failed to mention an important factor. Not only did the legislators vote themselves a 50 percent increase in their pensions, but also they severely contributed to the crisis by allowing school districts to...

    Tags: Politics, Northampton (Bethlehem, Pennsylvania), Interior Policy

    10. May 10, 2013 |Story| Los Angeles Times

  10. Poll: The feds' selective scrutiny of tax-exempt 'patriots'

    Vindicating the complaints of some "tea party" activists, a top IRS official <a href="http://www.washingtonpost.com/business/economy/irs-admits-targeting-conservatives-for-tax-scrutiny-in-2012-election/2013/05/10/3b6a0ada-b987-11e2-92f3-f291801936b8_story.html">admitted</a> Friday that the agency had singled out such groups for scrutiny in the months leading up to the 2012 election.
    Vindicating the complaints of some "tea party" activists, a top IRS official admitted Friday that the agency had singled out such groups for scrutiny in the months leading up to the 2012 election. The revelation (accompanied by an apology from Lois...

    Tags: John Boehner, Religion and Belief, Literature, Politics, Elections

    11. May 13, 2013 |Story| Chicago Tribune

  11. Voice of the People, May. 13

    Purchasing Plan B As a liberal-minded individual who believes in a woman's right to choose, I believe 15-year-old girls should not be purchasing the Plan B One-Step morning-after pill without their parents' knowing. Most 15- through 17-year-old girls are...

    Tags: Religion and Belief, Labor Legislation, Politics, Family, Dave Syverson

    12. May 8, 2013 |Story| Chicago Tribune

  12. Knock yourselves out, Senators

    If a good plan for relieving Illinois' pension crisis has momentum, why not offer an inferior proposal that wouldn't do as much good? To that end, Senate President John Cullerton on Monday unveiled another insufficient pension reform bill, this one with the blessing of public employee unions. And no wonder: Cullerton's plan would ask less of their members &mdash; but more from taxpayers &mdash; than a plan that already passed the House.
    If a good plan for relieving Illinois' pension crisis has momentum, why not offer an inferior proposal that wouldn't do as much good? To that end, Senate President John Cullerton on Monday unveiled another insufficient pension reform bill, this one with...

    Tags: Abusive Behavior, Retirement, Labor Legislation, Politics, John J Cullerton

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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