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How does a state worker get a pension seven times higher than it should be? (Thinkstock)

Error allows Illinois to overpay state pensions

Kelly Cohen -
0
Public pension fund hits all-time asset high
Business

Public pension fund hits all-time asset high

Washington Examiner -
0
Schuette may not oppose Detroit pensions cuts
Business

Schuette may not oppose Detroit pensions cuts

Washington Examiner -
0
FILE--In this Oct. 12, 2006 file photo, Detroit's skyline is shown. The historic restructuring of Detroit through bankruptcy is taking a crucial step by putting its plan before the people most affected: roughly 30,000 retirees and city employees. Monday, May 12, 2014 was the deadline for ballots to have been sent to those who qualify for pensions, and should be arriving by mid-week. Detroit is proposing to cut pensions by 4.5 percent and eliminate cost-of-living payments. Retired police officers and firefighters have a better deal that trims only the cost-of-living payments. (AP Photo)
Business

Critical pension deal put before Detroit employees

Washington Examiner -
0
(Thinkstock Image)

New York pension fund estimate reaches $176 billion

Associated Press -
0
Detroit Emergency Manager Kevyn Orr, center, talks to reporters outside the Governor's office at the Michigan Capitol in Lansing, Mich., Tuesday, April 29, 2014. Orr made his first pitch of the city’s debt-cutting plan to lawmakers Tuesday and planned to return to the Capitol on Wednesday for more meetings with legislative leaders. The Legislature’s financial support is seen as crucial to getting retiree groups to settle their pension claims and speed Detroit’s exit from bankruptcy by October. (AP Photo/Detroit News, Dale G. Young)

Michigan House forms panel for Detroit bankruptcy

Associated Press -
0
(Thinkstock Image)
Education

New York court limits privacy of teacher pension records

Associated Press -
0
Lou Tashash, owner and president of R-D Manufacturing Inc., poses at his precision sheet manufacturing business in East Lyme, Conn. Tashash, who employs 14 workers, is lobbying legislators to kill a measure to establish a state-run pension plan, which he sees as a burdensome mandate. Lawmakers in Connecticut and other states are responding to a widespread loss of private-sector pensions, a lack of access to employer-sponsored retirement accounts in smaller businesses and stagnant incomes that make it hard for workers to contribute to their own retirement plan or company account. (AP Photo/Jessica Hill)

Connecticut public pension legislation now a study

Stephen Singer -
0
Lou Tashash, owner and president of R-D Manufacturing Inc., left, watches break operator Scott Finlayson work at his precision sheet manufacturing business in East Lyme, Conn. Tashash, who employs 14 workers, is lobbying legislators to kill a measure to establish a state-run pension plan, which he sees as a burdensome mandate. Lawmakers in Connecticut and other states are responding to a widespread loss of private-sector pensions, a lack of access to employer-sponsored retirement accounts in smaller businesses and stagnant incomes that make it hard for workers to contribute to their own retirement plan or company account. (AP Photo/Jessica Hill)

States seek a spot in retirement plan landscape

Stephen Singer -
0
Students walk past the Alma Mater statue, a landmark on the University of Illinois campus in Urbana, Ill. Public universities in Illinois are bracing for waves or retirements because a state pension-reform law will sharply cut their retirement funds. (AP Photo/David Mercer)
Education

Illinois schools struggle to soften pension losses

David Mercer -
0
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