The federal government should rescue troubled state pension plans with billions of dollars in long-term loans, proposed New Jersey Senate President Steve Sweeney. The trillion-dollar question is whether it would save public pensions or sink states deeper in debt.Read More →
New Jersey’s three largest public pension plans are taking Gov. Chris Christie to court in a renewed effort to force the state to pay more than $4 billion in missed payments to retirement funds.Read More →
If the new agreement with Iran is upheld by Congress, Colorado taxpayers and members of the state pension system could find their retirement funds investing in that country.Read More →
Colorado’s overall fiscal health scores pretty well, but pensions will cause headaches in the future if reforms are implemented.Read More →
Watchdog Podcast: A Greek tragedy, school choice at the Supreme Court and political spy games in Wisconsin
Greece is in crisis after decades of over-spending finally caught up to it.
What lessons does the mess in Greece offer for American cities and states that have piled up debts in the public pension system?Read More →
By Andrew Staub | PA Independent
HARRISBURG, Pennsylvania – Republican lawmakers on Tuesday steamrolled through liquor privatization, public pension reform and a state budget without a tax increase.
They were doing what the people elected them to do, they said.
Gov. Tom Wolf, a Democrat, squashed the conservative celebration not long after, announcing he will veto the entire […]