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Cities struggle with rising cost of police, firefighter pensions
The attractive pensions that municipalities have traditionally offered to police officers and firefighters could become another victim of tight times at City Hall. Across Central Florida, cities are finding they can't keep up with rising pension costs,...Tags: Politics, Maitland, Local Government, Retirement, Career and Workplace
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House pension bill: What's in it
The Illinois House approved a comprehensive pension overhaul last week. It's now pending in the Senate, where President John Cullerton has raised concerns about whether it would pass a court challenge. Time is running out, with lawmakers scheduled to...Tags: John J Cullerton, Politics, Chicago Public Schools, Career and Workplace, Employees
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Greuel, Garcetti focus on jobs
A day after a debate in which they told Los Angeles voters their prime focus as mayor would be promoting job creation, Wendy Greuel and Eric Garcetti took up the topic Monday, while also continuing a furious debate over union influence in their runoff...
Tags: Politics, Television Industry, Political Fundraising, Advertising, Seema Mehta
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'Education first'? Not in The Deadbeat State.
Indiana lawmakers are proposing huge increases in state education funding this year. Ditto those in Wisconsin. Here in Illinois, The Deadbeat State? Just the opposite. Education funding is being strangled by the same python that is strangling the rest...
Tags: Crime, Law and Justice, Politics, Teaching and Learning, Economy, Business and Finance, Interior Policy
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Illinois Constitution may impede pension reform effort
ReutersA House-backed plan to repair Illinois' underfunded pension system, that would increase employee contributions while reducing benefits, may face a Constitutional challenge. After the Illinois House of Representatives passed its plan to bridge the $100...Tags: Crime, Law and Justice, Illinois General Assembly, Politics, Unions, Interior Policy
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The do-nothing caucus
Last fall on this page, we endorsed candidates for the Illinois House based largely on their fiscal policies. Illinois is beyond a crisis point; its lawmakers need to find solutions. So: Were candidates willing to enact serious pension reform? Cut state...
Tags: Sandra M. Pihos, Crime, Law and Justice, Politics, Frank J Mautino, Robert W. Pritchard
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Dave Gold dies at 80; entrepreneur behind 99 Cents Only chain
Dave Gold launched his 99 Cents Only Stores empire in Los Angeles at age 50 after mulling over the idea for over a decade. The thrifty entrepreneur took the dollar store concept and introduced it to middle-class and upscale neighborhoods. In the...
Tags: 99 Cents Only Stores, Politics, Heart Attack, Leukemia, Interior Policy
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Pension reform and the state constitution....again
Change of SubjectOur editorial board has long championed pension reform and expresses enthusiasm today for the new proposal floated by House Speaker Michael Madigan. Madigan's bill incorporates several reforms we have advocated on this page: requiring younger employees to... -
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...
Tags: Executive Branch, Politics, Lobbying, Interior Policy, Labor Legislation
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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: Politics, Chicago Public Schools, Career and Workplace, Employees, Interior Policy
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Madigan pension reforms pass House
Clout StreetSPRINGFIELD — The Illinois House today approved a far-reaching pension reform plan pushed by Speaker Michael Madigan that is headed for an uncertain fate in the Senate. The proposal aims to erase the state's nearly $100 billion pension debt by...Tags: Michael Madigan, Politics, Oswego, Elaine Nekritz, John E. Bradley
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What's next for Allentown's water and sewer systems?
In just 90 days, Allentown is scheduled to turn over its water and sewer systems to a nonprofit authority for the next 50 years, the next phase in Mayor Ed Pawlowski's unprecedented plan to bail out the city's struggling pension system. That's three...Tags: Finance, Politics, Consumers, Allentown, Interior Policy
Apr 27, 2013
|Story| Orlando Sentinel
May 5, 2013
|Story| Chicago Tribune
May 7, 2013
|Story| Los Angeles Times
Apr 27, 2013
|Story| Chicago Tribune
May 6, 2013
|Story| Chicago Tribune
May 6, 2013
|Story| Chicago Tribune
Apr 26, 2013
|Story| Los Angeles Times
May 1, 2013
| Chicago Tribune
May 5, 2013
|Story| Chicago Tribune
May 3, 2013
|Story| Chicago Tribune
May 2, 2013
|Story| Chicago Tribune
Apr 26, 2013
|Story| Allentown Morning Call
Original site for Pension and Welfare topic gallery.