By Eric Boehm | PA Independent
Johnstown is deep in pension debt, but is handing out retirement payments in excess of what is allowed under state law.
A recent audit of the city’s four pension funds found more than $24 million in unfunded liabilities. Collectively, the four retirement accounts for the city’s police officers, firefighters, sewage workers [...]
A judge is giving the state’s Division of Criminal Justice one final chance to argue why an index of records from a hush-hush criminal investigation involving Lt. Gov. Kim Guadagno should not be released to a New Jersey Watchdog reporter.Read More →
The state police career of Gov. Chris Christie’s shoplifting bodyguard may end soon, but the trooper could keep his hands deep in the pockets of New Jersey taxpayers for decades.Read More →
The state government may struggle to balance a budget and fix insolvent pension accounts, but that isn’t stopping it from thinking about hawking a state-run retirement savings account.Read More →
By Eric Boehm | Watchdog.org
MINNEAPOLIS — Two years ago, when Rhode Island passed bi-partisan legislation to reform a state pension system that threatened to bankrupt the budget, it was hailed as an example for other states to follow.
Now, Rhode Island is once again an example for other states struggling with their own pension issues. But it’s [...]