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Search Result: Pensions

Displaying 1  -  20  of  28

The Reality of Police Retirement: Live Lean or Keep Working

September 22, 2014
Are you doing your retirement planning in the briefing room or through the patrol car window? It may be better to seek a financial professional who knows your police retirement system and can guide you though the intricacies of retirement.

Memphis Police Fight Pension Cuts

July 28, 2014
Memphis public safety personnel continue to call in sick, fighting proposed cuts to retirement health benefits.

Misplaced Budget Priorities

January 30, 2014

Before going into recess, the House passed the budget committee's recommendation to increase the amount new government employees have to pay into their pensions beginning this month.

Judge Rules Detroit Can Reduce Retiree Pensions

December 5, 2013
U.S. Bankruptcy Judge Steven Rhodes has ruled that pensions of city retirees can legally be cut in Detroit’s bankruptcy — a decision that came as a significant surprise to people observing the case.

Detroit Pension Ruling Could Affect Some Calif. Officers

December 5, 2013
Stockton’s bankruptcy case, for instance, is further along than Detroit’s, and until Tuesday it seemed likely to leave public pensions fully intact.

Detroit Chief: Debt Hinders Force's Effectiveness

October 28, 2013
“Everything’s broken,” Chief James Craig said during the third day of Detroit’s bankruptcy eligibility trial in federal court. “Deplorable conditions. Crime is extremely high, morale low.”

San Jose Officers Reject 3% Raise

October 10, 2013
San Jose's police union rejected a 3 percent raise and demanded the city double it to stem the exodus of personnel from the agency.

San Jose Hopes to Reverse Police Exodus

September 10, 2013
San Jose's elected leaders hope a plan to hire 200 officers over four years will stem the tide of a massive exodus of officers following a 10 percent pay cut two years ago.

Detroit Pension Fight Heads To Court

July 22, 2013
The Ingham County (Mich.) judge who said Detroit's bankruptcy petition violates the state constitution set a hearing for July 29 to consider the state's attempt to tamper with pension benefits for public employees including police officers.

Detroit Declares Bankruptcy, Police Union Sues

July 18, 2013
Detroit filed for bankruptcy today, setting up an historic municipal bankruptcy process in which the city's police union has vowed to fight for retirement and health care benefits for current and retired officers.

Anti-Pension Propaganda from Shadowy Websites

April 11, 2013
Public employee critics in their continuing attempt to place all blame for economic woes on public employees have begun a new line of attack. This time they're employing social media and shadowy websites to bolster their cause.

Ex-L.A. Mayor To Debate Police Union on 401(k) Plan

November 15, 2012
Multimillionaire businessman and former Los Angeles mayor Richard Riordan agreed Wednesday to three debates with the police union on his pension revamp initiative that would create a 401(k)-style retirement plan for newly hired officers.

Reckless Pension Reform In Los Angeles

November 13, 2012
Former Los Angeles Mayor Richard Riordan has taken the first steps toward eliminating the current pension system for all future city employees, including LAPD officers, and replacing it with 401(k) plans.

Former L.A. Mayor Launches Petition To Give Cops 401K Plans

October 31, 2012
Richard Riordan, Los Angeles' millionaire former mayor, plunged deeper into the fray over public pensions Friday, announcing he is finalizing language for a ballot initiative that would move newly hired workers into 401(k)-style plans and freeze retirement benefits for existing workers.

Vallejo Hires Officers, Seeks New Police Pension Plan

October 10, 2012
Vallejo leaders unanimously agreed Tuesday night to accelerate a plan approved in June to hire five new police officers. The Vallejo City Council's vote comes before city labor negotiators have hammered out a city-forged plan to reduce new police hires' pension packages.

Police Assn.: Calif. Governor's Pension Plan Is 'Wrong'

August 29, 2012
A California association representing the state's officers said Gov. Jerry Brown's "wrong" pension reform plan announced Tuesday would impose "draconion cuts" on middle-class families.

Public Safety Unions Oppose Calif. Gov.'s 'Radical' Pension Plan

August 28, 2012
California Governor Jerry Brown introduced what he called "radical change" to the pension system Tuesday, a plan that met with stiff opposition from the state's public employee unions.

Police Unions Vow To Fight Pension Reform

June 6, 2012
During municipal elections in San Jose and San Diego on Tuesday, voters approved Measure B and Proposition B by 70% and 69% respectively. While the measures passed in landslide votes, unions representing officers in those cities said the ill-conceived initiatives take too hard a line and may violate state or federal statues governing public pensions.

How To Choose an Agency

May 2, 2012
There are not as many jobs out there. You may have to apply; hope to land employment; and make the best of the situation. Don't count on the plush police pension of yesteryear.

Calif. Police Union Sues City Over Pensions

March 20, 2012
Attorneys for the San Jose Police Officers' Association on Monday elaborated on two lawsuits they filed against the city of San Jose, including one that seeks to force the city back to the bargaining table and another that alleges the city violated the union's contract by trying to change retirement benefits through an election rather than arbitration.
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