Mississippi pension fund heads for final ‘Jeopardy’

By   /  July 21, 2014  /  Budget and Spending, Mississippi, National, News, Pensions, State House, State Politics, State Senate  /  No Comments

PERS

We’ll take pension reform for a thousand.

Make no mistake, Mississippi is playing “Jeopardy” with its retirement fund.

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Even with GOP majority, Pennsylvania can’t accomplish conservative agenda

By   /  July 18, 2014  /  News, Pennsylvania, Pensions  /  No Comments

REFORM BLOCKADE: The state Legislature has failed so far to tackle pension reform, perhaps the biggest item on the conservative agenda this year. When asking why, attention has recently turned to the more moderate Republicans who perhaps rely more on labor support than their more conservative brethren.

By Andrew Staub | PA Independent
As Gov. Tom Corbett crisscrosses Pennsylvania to gin up support for public pension reform while lawmakers break for the summer, there’s ample opportunity to explore what has held up legislation that could save the state $11 billion over 30 years.
In recent weeks, that focus has shifted to the General Assembly’s [...]

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House passes Internet access tax ban amid battle over states’ rights

By   /  July 16, 2014  /  National, News, Pensions, Taxes, Technology  /  No Comments

taxes

A debate over states’ rights ensued in the U.S. House as it looked to permanently ban state and local governments from taxing Internet access

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Christie poses as action hero in NJ pension reform video

By   /  July 16, 2014  /  National, New Jersey, News, Pensions, State Government  /  No Comments

LIGHTS, CAMERA, ACTION: Chris Christie makes a cinematic effort to sell pension reform.

 
 
By Mark Lagerkvist | New Jersey Watchdog
With a dash of high drama, Chris Christie is taking a Hollywood approach to pension reform in New Jersey.
The governor’s latest YouTube video — “No Pain, No Gain” — is a send-up of a movie trailer for an action thriller based on the state’s fiscal conflicts. Interspersed with ominous sound bites [...]

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House ends pension debate by sending bill back to committee

By   /  July 2, 2014  /  Pennsylvania, Pensions, WatchBlog  /  No Comments

DIGIROLAMO ON THE HOUSE FLOOR WITH THE MOTION TO RE-COMMIT: State Rep. Gene DiGirolamo killed the state House's effort to overhaul Pennsylvania's public pensions - though he merely delivered the fatal blow to a proposal that seemed unlikely to survive.

By Eric Boehm | PA Independent
Fifteen Republicans broke ranks and voted with a unanimous block of House Democrats to shut down debate on a pension bill Tuesday afternoon and send it back to committee.
It was an inglorious end to a two-week push from some House Republicans and Gov. Tom Corbett, who wanted to see changes [...]

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Christie signs budget as New Jersey faces ‘disaster’

By   /  July 1, 2014  /  New Jersey, News, Pensions  /  No Comments

Gov. Christie signed a new budget, slashing new taxes and the state's pension contributions.

 
 
By Mark Lagerkvist | New Jersey Watchdog
New Jersey’s budget mess is so bad a judge last week ruled it a “disaster.”
It could be even worse in the new fiscal year that begins Tuesday.  At stake is a financial future of New Jersey, struggling under the weight of a $51-billion shortfall in the state retirement system.
Gov. [...]

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