June 5, 2012
Last week, a State Senate bill that initially sought to replace New Hampshire’s defined benefit (DB for short — think pension) plan with a defined contribution plan (DC for short — think 401(k)) dissolved into a stalemate.
May 25, 2012
A year after Emil Jones Jr. retired from the Illinois Senate in 2008, his annual pension jumped by more than 50 percent to $122,334 — far more than he ever earned as Senate president.
May 22, 2012
Ohio Democrats are pouncing on state Treasurer Josh Mandel (R) for apparently forgetting $65 billion in state pension funds under his supervision, calling it an example of his management of his office while running for U.S. Senate.
May 15, 2012
Frustrated with politicians trying to force teachers, fire fighters, nurses and other public employees alone to bear the burden of solving the state’s pension funding crisis—a crisis politicians themselves caused by failing for years to pay their share to public …
May 8, 2012
A proposal for a 401(k)-style retirement plan for new teachers and government workers failed on a tie vote Thursday in the Kansas Senate, but its members later approved other changes designed to bolster the long-term financial health of the state …
May 8, 2012
Yvonne Walker says Americans would be better served by a new type of pension instead of 401(k)s.
