Maryland pensions: Maryland Court of Appeals keeps firm on hook for state pension funds - baltimoresun.com
"Maryland's highest court ruled Wednesday that an actuarial firm is on the hook for about $73 million after making mistakes in valuations for three state retirement programs over more than two decades."
Saturday, July 30, 2011
Michigan's 401(k) plan saved state more than $4 billion
Michigan's 401(k) plan saved state more than $4 billion Lansing State Journal lansingstatejournal.com
"A 14-year-old reform that ended defined pension benefits for new state employees has saved the state up to $4.3 billion in unfunded state employee pension liability, according to a new report by the Mackinac Center for Public Policy."
"A 14-year-old reform that ended defined pension benefits for new state employees has saved the state up to $4.3 billion in unfunded state employee pension liability, according to a new report by the Mackinac Center for Public Policy."
Bureaucracy Humor, Probably Created by Somebody at Homeland Security or HUD « International Liberty
Bureaucracy Humor, Probably Created by Somebody at Homeland Security or HUD « International Liberty: "Want to know why we are still in a recession even though we have added
over 200,000 new federal employees in the past two years?
Simple, it’s not a good time to be an ant!"
over 200,000 new federal employees in the past two years?
Simple, it’s not a good time to be an ant!"
Friday, July 29, 2011
Case Ends; Forced Unionization Still a Threat
Case Ends; Forced Unionization Still a Threat [Mackinac Center]
"Attorney: Policymakers should ensure it can't happen again, end similar scheme affected home health care providers"
"Attorney: Policymakers should ensure it can't happen again, end similar scheme affected home health care providers"
Unsustainable pension gap growing
Unsustainable pension gap growing
"Canada has become a land of pension haves and have-nots."
"Canada has become a land of pension haves and have-nots."
Most Orland firefighters made more than $100,000 in 2010
Most Orland firefighters made more than $100,000 in 2010 - chicagotribune.com
"Overtime added nearly $2 million to $21 million payroll"
"Overtime added nearly $2 million to $21 million payroll"
Officials may offer more locking trash cans to thwart scavengers
Officials may offer more locking trash cans to thwart scavengers - latimes.com
"The Costa Mesa Sanitary District distributed the bins to residents earlier this month as part of a pilot program.
Now, because of demand, the district's board of directors will weigh a request for $10,000 to supply residents with more of the scavenger-proof bins."
"The Costa Mesa Sanitary District distributed the bins to residents earlier this month as part of a pilot program.
Now, because of demand, the district's board of directors will weigh a request for $10,000 to supply residents with more of the scavenger-proof bins."
Thursday, July 28, 2011
Embarrassment Of Riches
Embarrassment Of Riches - Investors.com
"The poor aren't so bad off, though."
"The poor aren't so bad off, though."
Bankruptcy!
Yahoo! News
"Alabama's largest county began laying the groundwork Tuesday for what would be the largest-ever U.S. municipal bankruptcy after three years of trying to work out a solution with Wall Street to more than $3 billion in debt linked to a massive sewer rehabilitation project tainted by corruption."
"Alabama's largest county began laying the groundwork Tuesday for what would be the largest-ever U.S. municipal bankruptcy after three years of trying to work out a solution with Wall Street to more than $3 billion in debt linked to a massive sewer rehabilitation project tainted by corruption."
New pension rule may force Granite City layoffs
New pension rule may force Granite City layoffs
Granite City officials say they may have to lay off police and firefighters if more money isn't made available to fund pensions."
Granite City officials say they may have to lay off police and firefighters if more money isn't made available to fund pensions."
Wisconsin Creates 13,000 Private-Sector Jobs
Wisconsin Creates 13,000 Private-Sector Jobs - By Christian Schneider - The Corner - National Review Online
"According to new jobs figures, Wisconsin created 12,900 new private-sector jobs in June, almost as many as the 18,000 new jobs created nationwide last month.
This represents the largest one-month gain of private-sector jobs in Wisconsin since 2003, according to the state Department of Workforce Development."
"According to new jobs figures, Wisconsin created 12,900 new private-sector jobs in June, almost as many as the 18,000 new jobs created nationwide last month.
This represents the largest one-month gain of private-sector jobs in Wisconsin since 2003, according to the state Department of Workforce Development."
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