Billions in loans may save pensions or sink New Jersey

By   /  July 30, 2015  /  Budget and Spending, National, New Jersey, Pensions, State Government  /  No Comments

Governor's Office/Tim Larsen

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.

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New Jersey pensions sue Christie for $4 billion in missed payments

By   /  July 27, 2015  /  New Jersey, Pensions  /  No Comments

Governor's Office/ Mykwain Gainey

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.

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Will Colorado taxpayers be investors in Iran?

By   /  July 15, 2015  /  Pensions, Watchdog Arena  /  No Comments

Photo by xtock via Shutterstock.com

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.

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Pensions ailing Colorado’s fiscal health

By   /  July 14, 2015  /  Pensions, Watchdog Arena  /  No Comments

shutterstock_261716156

Colorado’s overall fiscal health scores pretty well, but pensions will cause headaches in the future if reforms are implemented.

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Watchdog Podcast: A Greek tragedy, school choice at the Supreme Court and political spy games in Wisconsin

By   /  July 3, 2015  /  Accountability, Budget and Spending, California, Commentary, Education, Education Blog, Features, Federal Government, Finances, Issues, National, News, Pensions, Podcast, Politics & Elections, State Budgets, State Government, Watchdog Radio  /  No Comments

WatchdogPodcast90

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?

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Wolf’s veto, opposing mandates leave Pennsylvania without budget

By   /  July 1, 2015  /  News, PA Independent, Pennsylvania, Pensions, Politics & Elections, State Budgets, State Government, Taxes  /  No Comments

Andrew Staub/PA Independent

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 […]

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