OKLAHOMA CITY (AP) — Most retired school teachers, firefighters and other public workers would receive their first pension increase in 12 years under a bill that sailed through the Oklahoma House on Tuesday. Members voted 99-0 for the bill to …
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WASHINGTON, March 3, 2020 /PRNewswire/ — As many small towns and rural communities across America face shrinking populations and slowing economic growth, a new report finds that one positive economic contributor to these areas is the flow of benefit dollars from public pension …
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A compromise over how much to hike payments to retired public employees would provide different cost of living adjustments based upon how long individuals have been receiving benefits. Called a COLA, a cost of living adjustment has not been approved …
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CHICAGO (Reuters) – Former U.S. senator Alan Simpson summarized the argument well: seniors fighting Social Security benefit cuts were nothing more than “greedy geezers” stealing from young people “who are going to get gutted.” The Wyoming Republican’s memorable phrase from …
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Note: The author is a retired state employee. Retired Oklahoma state and local public servants have now gone 10 years without a cost of living adjustment, while inflation has eaten away at their income. For decades they taught our children, …
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WASHINGTON, Feb. 5, 2020 /PRNewswire/ — As governments struggle to fill jobs that deliver vital public services, new research from the National Institute on Retirement Security (NIRS) finds that Millennials working in state and local government are satisfied with their jobs and intend to stay …
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