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  • Kentucky Analysis Dispels Myth of 401ks as Pension Saviors

    Newly elected Kentucky Gov. Andy Beshear has released a financial analysis of a 2017 pension reform proposal that his predecessor Matt Bevin had commissioned and then kept hidden from the public. What the report shows will not be welcome news…

  • State retirees need an inflation adjustment

    Veronica Kay Garcia wrote in the Star-Tribune’s Dec. 7 Forum: “Pension inflation adjustment for retirees of the state of Wyoming is long overdue.” She makes several relevant points regarding Wyoming retirees. One point in particular is that there hasn’t been…

  • WY Retirees Face Steep Health Insurance Increases

    On December 1, retired public employees in Wyoming saw a 12% increase in the cost of their health coverage, which is taken directly out of their monthly pension checks. Retirees receive, on average, $1,600 in pension benefits a month, and…

  • We served our communities, now we need an inflation adjustment to survive

    In the early 1990s, a woman who was struggling entered my office. She had two little boys and an ex-husband who refused to pay child support. I sat her down, discussed her options for assistance and asked a question I…

  • The system is ‘flawed’ when most Americans have little or no retirement savings

    It’s no secret that Americans are falling short when it comes to saving enough for retirement. But as a new report shows, many are disastrously unprepared — and that may point to flaws in the system. Progressive think tank the Economic…

  • Oregon Initiatives To Revamp PERS Withdrawn As Political Picture Changes

    A business-backed effort to get Oregon voters to reduce the costs of the state’s public pension system has quietly closed shop — at least for the 2020 election. Backers had filed five potential ballot measures sponsored by two prominent Oregon political figures —…

  • Pension leaders: Oklahoma’s pension systems can withstand retiree COLA

    Some leaders of Oklahoma’s pension systems think the systems can withstand paying a cost-of-living adjustment to state retirees next year. State retirees have gone 11 years without a cost-of-living adjustment in their pension checks, but that could change after executive…

  • Amid Worker Shortages, New Research Examines State & Local Employee Views on Their Jobs, Pay and Benefits

    WASHINGTON–(BUSINESS WIRE)–At a time when state and local governments are struggling to attract and retain employees to deliver vital taxpayer services, a new national poll finds that retirement and healthcare benefits are critically important job features, more so than salary. These…

  • How Republican Governor Matt Bevin Lost Teachers and Lost Kentucky

    Matt Bevin, the notoriously unpopular Republican governor of Kentucky, appears to have narrowly lost his bid for reelection in the deep-red state. And experts say the teachers who led statewide walkouts last year are the reason why. Kentucky was one…

  • Pensions are good for CT

    As a Connecticut state employee and taxpayer, I feel that public service workers are among Connecticut’s greatest assets — and among the most unfairly vilified. From teachers to sanitation workers to first responders, we care for our children, plow our…

  • Retired state workers urge state leaders to hike pensions

    Elsa Solis, a 75-year-old retired state caseworker, tries to stay out of her home as much as possible, spending most of the day volunteering at a local senior center. On a fixed income that hasn’t budged for 17 years, the…

  • Who Goes Bankrupt in America? Increasingly, the Elderly

    Every month, 73-year-old Suzan Benge lives on just $771 in disability payments, $100 in food stamps and $14 in state low-income subsidy. So when her credit card debt hit $18,000 earlier this year, she felt she had little choice but…