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Pensions

House and Senate not in sync on state pension reform

The Gainesville Sun | April 14, 2014

House Speaker Will Weatherford said the changes, which will not directly impact current public employees, are needed to reduce the state's long-term costs for the retirement system.

RI pension case will go forward in court; mediation fails

The Providence Journal | April 11, 2014

In a joint statement, Governor Chafee and state General Treasurer Gina Raimondo said that while they there was a strong effort to reach a mediated settlement, the rejection of that settlement "by a small group of union members" means the process "has failed and the mediation process has ended."

Governor's plan to address pension obligation gets municipal support

The Anchorage Daily News | April 14, 2014

Under the plan, about $1.9 billion would go to the public employees' system and the rest to the teachers' retirement system.

New pension plans differ greatly from 'classic' models

Sacramento Bee - The State Worker | April 10, 2014

California became a dual-class public employee state last year when a sweeping law lowered pension benefits for state and local government workers hired in 2013 and later.

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The Williams Report Launches

SBS President Bob Williams compiles the recent developments in state budgets and pensions on a weekly basis.  SBS has now combined those three updates into The Williams Report, a comprehensive overview of the latest headlines and information from all 50 states.

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