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The error affects Tier 2 members of the Policemen’s Annuity and Benefit Fund of Chicago, those who started working for the CPD on or after Jan. 1, 2011.
Read More →The lawsuit by Baltimore police and firefighters has been winding through the courts since a 2010 city council decision to change existing laws on when employees can retire and receive pension benefits.
Read More →Two lawmakers in New York state have proposed a bill that would strip police officers of their state pension benefits if fired for issues involving “serious” misconduct.
Read More →Officers in Oaxaca, Mexico often retire in their 80s or even 90s because they cannot afford to live off the miniscule pensions the government provides.
Read More →In a unanimous decision written by Chief Justice Tani-Cantil Sakauye, the court upheld California’s 2012 repeal of the “air time” benefit that allowed state workers to buy credits toward retirement service.
Read More →An officer with the South Kingstown (RI) Police Department—who claims he was permanently injured on duty in 2010—was again denied his request for accidental disability pension.
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Government retirement programs may not be as safe as you think. Here's what you can do to protect your future.
Read More →Overall, the 40 cuts represent about a quarter of the city’s police union members, 40 percent of its firefighters union and 55 percent of its non-sworn police personnel, union officials said.
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A judge ruled Tuesday that former Baltimore Mayor Stephanie Rawlings-Blake's overhaul of pension benefits "unlawfully withdrew" a variable pension benefit that paid out more money to retirees when the stock market improved.
Read More →n a Wednesday memo, the NHRS announced House Bill 561 was amended in the Senate Executive Departments and Administration Committee and, if passed as expected, will limit the number of hours pensioners can work at post-retirement jobs for employers in the public retirement system.
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