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Search Result: Retirement Benefits

Displaying 1  -  15  of  15

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.

Financial Literacy for Cops

June 19, 2013

If ever a cop had to concern himself with providing for his family today and tomorrow, it is now. To that end, some cops have taken on second and even third jobs; others have deferred their retirement. And still they worry.

Misguided Legislation

January 23, 2013

Disabled federal agents face severe and unwarranted reductions to their Federal Employees Compensation Act (FECA) benefits should Title III of S. 1789, the "21st Century Postal Service Act," become law.

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.

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.

Detroit Cops Face 10% Pay Cut

July 16, 2012
Detroit Police officers face a 10% wage cut and increased medical expenses under a city proposal offered today that would supplant the department's existing union contract.

Calif. Cops Brace for Bankruptcy Cutbacks

July 12, 2012
Officers serving with the San Bernardino (Calif.) Police Department are bracing for severe cutbacks following the City Council's decision to file for bankruptcy.

Calif. Chiefs Taking Huge Payouts

July 11, 2012
A group of retiring California police chiefs have been collecting payments reaching as much as $600,000, in one case, for cashed-out sick and vacation time.

Stockton Cops May Face Wage, Benefit Cuts Due To Bankruptcy

June 26, 2012
Stockton, Calif., officials have proposed cutting wages of city employees including police officers and eliminating retiree healthcare benefits in its bankrupty plan.

New-Hire Benefits: Read the Fine Print

December 20, 2010
Many agencies are changing their benefits due to the economy. Some are even changing benefit packages for future hires, so if a cop tells you about how good his or her benefits may be for them, it could well be far different for you.

Mass. Deputy's Movie Stunt Work May Imperil Pension Benefits

December 6, 2010
Richard F. Bonavita Jr., a former Barnstable County Sheriff's Office assistant superintendent of jail operations, is collecting a $67,000 annual disability pension for an on-the-job arm injury.

San Diego Mayor Proposes Eliminating Pensions for New Officers

November 23, 2010
San Diego Mayor Jerry Sanders has proposed eliminating pensions for new-officer hires, and instead giving them a 401(k) account.

California Candidate's Aide Slurs Challenger For Protecting LE Pensions

October 8, 2010
The comment came during a call which Brown placed to the Los Angeles Police Protective League's Scott Rote asking for the union's endorsement. In the recording Brown also asks Rote about the California Statewide Law Enforcement Association, which on Thursday announced its endorsement of Whitman.

CHP Agrees to Pension Reduction for New Hires

June 17, 2010
The union representing California Highway Patrol officers has agreed to reduced pension benefits for new hires, under a plan that will help reduce the state's budgetary deficit.
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