Pension Reform

Putting pension to the vote

Tue, 19 Feb 2013 16:28:00 +0000

While some governments have sought to reduce their pension costs through reductions in benefits for future employees, San Jose, Calif., voters adopted a ballot measure in June 2012 that trimmed pension plan provisions for current employees.

Budget tug of war means pension cuts

Tue, 19 Feb 2013 15:48:00 +0000

According to the National Association of Government Defined Contribution Administrators, 43 states have made one or more significant changes to their plans since 2008.

Report: Funding gap in local public pension plans

Mon, 18 Feb 2013 18:16:00 +0000

But the gap with state-run plans is narrowing

Changes continue in government retirement plans

Mon, 05 Nov 2012 20:29:00 +0000

They affect both new and current employees

One-third of local government HR executives made changes to the retirement plans they offer to employees within the past 12 months — affecting both new and current employees.

Los Angeles moves to cut employee pensions

Fri, 28 Sep 2012 19:37:00 +0000

New city workers will have fewer retirement benefits

California changes government workers' pension benefits

Wed, 19 Sep 2012 16:18:00 +0000

New law raises the retirement age and employee contributions

Report: Public employees are pessimistic about their retirement

Mon, 06 Aug 2012 20:10:00 +0000

They worry about saving enough and having to work longer

New rules aim to improve public pension reporting

Mon, 06 Aug 2012 19:05:00 +0000

Guidelines help account for unfunded pension liabilities

Pension liabilities could lower government credit ratings

Mon, 09 Jul 2012 19:00:00 +0000

Changes would require more accurate reporting on pension costs

Illinois ends free retiree health care

Wed, 27 Jun 2012 14:46:00 +0000

New law requires retired state workers to pay health insurance premiums