By Lynna Soller and Steve Burrows — Tempe, Ariz., adjusted its financial obligations to retirees last year, but the changes did not come easily....More
With government pension costs going up and revenues still down, Rhode Island Gov. Lincoln Chafee signed a law on Nov. 18 that alters the public pension system and reduces the state’s liability....More
Public sector employees prefer defined benefit pensions over other forms of retirement plans, according to a new study from the National Institute on Retirement Security....More
The reason it is solid is due to massive layoffs, benefits reductions, and frozen wages. Cities are using part-time help to make ends meet...
on Feb. 13, 2012