By Eric Boehm | Watchdog.org
Meet the new poster child for Pennsylvania’s municipal pension problems.
York is a mid-sized city of 43,000 residents in central Pennsylvania near the state’s southern border that’s facing more than $64 million in pension-related debt.
In next year’s budget, York will be expected to pay more than $10 million toward the retirement fund […]
As New Jersey looks to fix a state pension system that’s billions in debt, Patrick J. Higgins and other double-dippers find new ways to squeeze it for every dollar they can. Higgins found a way to retire twice, so he’ll start collecting two state pensions, totaling nearly $100,000 a year, instead of one. New Jersey Watchdog investigates loopholes in the state’s troubled retirement system, underfunded by $170 billion.Read More →
Breaking The Piggy Bank is Watchdog.org’s weekly look at the national public pension crisis, how it’s affecting state and city budgets and what can be done — if anything — to fix it.Read More →
By Eric Boehm, Ben Yount | Watchdog Radio
Breaking the Bank is Watchdog.org’s weekly look at the national public pension crisis, how it is affecting state and city budgets and what can be done — if anything — to fix it.
In this week’s episode, host Eric Boehm sits down with Ben Yount of Illinois Watchdog Radio to discuss […]
New Jersey is the nation’s biggest pension deadbeat, ranking last among states in funding public retirement plans, according to a study released Thursday. From fiscal years 2001 to 2013, New Jersey paid only 38 percent of its annual required contributionsRead More →