Police Pensions Fund

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7h
Crain's Chicago Business
Rauner vetoes Emanuel's police and fire pension billwar, Gov. Bruce Rauner vetoed Mayor Rahm Emanuel's bill that aimed to give the
Rauner vetoes Emanuel's police and fire pension bill
Crain's Chicago Business / Posted 7 hours ago
war, Gov. Bruce Rauner vetoed Mayor Rahm Emanuel's bill that aimed to give the city more time to bring its cash-short police and fire pension systems up to full funding. Rauner asserted that the plan fails to include cost-cutting savings and,... Read more
2 related stories
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Australian Broadcasting Corporation
Shorten's rhetorical rampage fails to convinceMay 2014 9:44:06am With the resources Australia has had we should not even hav
Shorten's rhetorical rampage fails to convince
Australian Broadcasting Corporation / Posted yesterday
May 2014 9:44:06am With the resources Australia has had we should not even have debt. We should have a welfare fund by now of 40 years x 30 billion. Plus interest would be well over a Trillion by now. We simply have too many hangers... Read more
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Australian Broadcasting Corporation
Polls don't mean a thing if Labor ain't got that swingare so wrong ALP has promised free ice creams for all, but like unlimited spend
Polls don't mean a thing if Labor ain't got that swing
Australian Broadcasting Corporation / Posted yesterday
are so wrong ALP has promised free ice creams for all, but like unlimited spending on schools, health, infrastructure, pensions ..... it's all in the forward estimates, your ice cream will arrive in 2022, and just like Gillards promise of a... Read more
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The Herald News
Correia releases $255 million Fall River spending plantoday, and as promised, has eliminated the sanitation household fee and met 100
Correia releases $255 million Fall River spending plan
The Herald News / Posted yesterday
today, and as promised, has eliminated the sanitation household fee and met 100 percent net school spending without level funding the education budget. “With the elimination of the household trash fee, this budget was a particular challenge. I’d... Read more
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Business Wire
Fitch Rates District of Columbia's $422MM GOs 'AA'; Outlook Stablecredit profile. The large long-term liability burden for the current rating lev
Fitch Rates District of Columbia's $422MM GOs 'AA'; Outlook Stable
Business Wire / Posted yesterday
credit profile. The large long-term liability burden for the current rating level is a comparative credit weakness. Pensions are very near full-funding so debt makes up nearly the entire long-term liability burden. Statutory caps on debt... Read more
6 related stories
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Mountain View Voice
Policy passed by Santa Clara County Board of Supervisors allows requests for change of measure letterB on the June 7 ballot asks San Jose voters whether the city should implement a
Policy passed by Santa Clara County Board of Supervisors allows requests for change of measure letter
Mountain View Voice / Posted yesterday
B on the June 7 ballot asks San Jose voters whether the city should implement a quarter-cent sales tax to help fund "essential" services such as emergency response, police assistance and road repairs. In June 2012, another Measure B... Read more
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KFVS 12 Cape Girardeau
City of Carbondale discuss possible tax increasesHenry said at the council meeting on Tuesday. The primary two reasons for an in
City of Carbondale discuss possible tax increases
KFVS 12 Cape Girardeau / Posted 2 days ago
Henry said at the council meeting on Tuesday. The primary two reasons for an increase in taxes would be the rising cost of pensions for police officers and firefighters, as well as for paying for the revitalization of the city’s downtown area. The... Read more
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Palo Alto Weekly
Policy passed by Santa Clara County Board of Supervisors allows requests for change of measure letterB on the June 7 ballot asks San Jose voters whether the city should implement a
Policy passed by Santa Clara County Board of Supervisors allows requests for change of measure letter
Palo Alto Weekly / Posted 2 days ago
B on the June 7 ballot asks San Jose voters whether the city should implement a quarter-cent sales tax to help fund "essential" services such as emergency response, police assistance and road repairs. In June 2012, another Measure B... Read more
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KFVS 12 Cape Girardeau
City of Carbondale discusses possible tax increasesHenry said at the Council meeting on Monday. The primary two reasons for an inc
City of Carbondale discusses possible tax increases
KFVS 12 Cape Girardeau / Posted 2 days ago
Henry said at the Council meeting on Monday. The primary two reasons for an increase in taxes would be the rising cost of pensions for police officers and firefighters, as well as for paying for the revitalization of the city’s downtown area. The... Read more
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Business Wire
Fitch Rates Nassau County (NY) GOs 'A'; Rates BANs & RANs 'F1'The bonds will be sold competitively; the BANs and RANs will be sold on a negot
Fitch Rates Nassau County (NY) GOs 'A'; Rates BANs & RANs 'F1'
Business Wire / Posted 2 days ago
The bonds will be sold competitively; the BANs and RANs will be sold on a negotiated basis. Bond and BAN proceeds will fund capital projects and refinance outstanding BANs. The RANs are issued in anticipation of the receipt of sales taxes in... Read more
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The Florida Times-Union
Thursday's Letters: Are we really being true to Christian values?to wake up and look around. God help us if this ignorant, racist bigot becomes
Thursday's Letters: Are we really being true to Christian values?
The Florida Times-Union / Posted 2 days ago
to wake up and look around. God help us if this ignorant, racist bigot becomes president. C. Wayne Alford, Jacksonville POLICE AND YOUTHS Simple principles to follow The majority of law-enforcement officers perform their duties in a... Read more
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Zero Hedge
Detroit, Fresh Out Of Bankruptcy, Discovers $195M Pension Shortfalleverything was supposed to be fixed. It wasn’t. Detroit is closer to figuring
Detroit, Fresh Out Of Bankruptcy, Discovers $195M Pension Shortfall
Zero Hedge / Posted 2 days ago
everything was supposed to be fixed. It wasn’t. Detroit is closer to figuring out how to address a hole in pension funding that is far larger than it had anticipated when it exited from bankruptcy. The city in March put out requests for... Read more
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KJZZ 91.5 Phoenix
Ratings Firm: Passage Of Props 123, 124 Credit Positives For Arizonaschool districts. Moody's Investors Services said in a credit outlook report M
Ratings Firm: Passage Of Props 123, 124 Credit Positives For Arizona
KJZZ 91.5 Phoenix / Posted 3 days ago
school districts. Moody's Investors Services said in a credit outlook report Monday that Proposition 123's boost in school funding is a positive for districts because it increases their state funding by about 3.5 percent. The analysis doesn't... Read more
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Business Wire
Fitch Upgrades Cranston RI's IDR to 'AA-'; and GO Bonds to 'AA+'Ratings has assigned a 'AA+' rating to the following city of Cranston, RI gener
Fitch Upgrades Cranston RI's IDR to 'AA-'; and GO Bonds to 'AA+'
Business Wire / Posted 3 days ago
Ratings has assigned a 'AA+' rating to the following city of Cranston, RI general obligation (GO) bonds: --$8,145,000 GO refunding bonds, series 2016A. The bonds are scheduled to price on June 1 via negotiation. Proceeds will be used to advance... Read more
6 related stories
3d
Marin Independent Journal
Marin IJ Readers’ Forum for May 25respectively Kevin Haroff, Susan Kirsch and Al Dugan, have publicly stated thei
Marin IJ Readers’ Forum for May 25
Marin Independent Journal / Posted 3 days ago
respectively Kevin Haroff, Susan Kirsch and Al Dugan, have publicly stated their support of such a committee. Underfunded pensions are the ticking time bomb that will destroy the county’s financial stability. The coziness of the incumbents... Read more
3d
KJZZ 91.5 Phoenix
Ratings Firm: Passage Of Props 123, 124 Credit Positivesschool districts. Moody's Investors Services said in a credit outlook report M
Ratings Firm: Passage Of Props 123, 124 Credit Positives
KJZZ 91.5 Phoenix / Posted 3 days ago
school districts. Moody's Investors Services said in a credit outlook report Monday that Proposition 123's boost in school funding is a positive for districts because it increases their state funding by about 3.5 percent. The analysis doesn't... Read more
3d
New Haven Independent
Library, Crossing Guard Jobs Added Back Into BudgetBoard of Alders June 6 for final approval. At a nearly three-hour meeting in C
Library, Crossing Guard Jobs Added Back Into Budget
New Haven Independent / Posted 3 days ago
Board of Alders June 6 for final approval. At a nearly three-hour meeting in City Hall, the Finance Committee rearranged funding for several of the priorities that Mayor Toni Harp had identified in her revised budget for next year that sought to... Read more
3d
The Hazleton Standard-Speaker
State officials mull option for Hazleton's pension fundsRetirement System, a state agency. It would establish different options for Pen
State officials mull option for Hazleton's pension funds
The Hazleton Standard-Speaker / Posted 3 days ago
Retirement System, a state agency. It would establish different options for Pennsylvania’s 2,600 municipal plans for paid police and firefighters based on a pension plan’s financial health. A proposed amendment seeks to prevent a spike in... Read more
4d
The Scranton Times-Tribune
State officials mull option for Scranton's troubled pension fundsRetirement System, a state agency. It would establish different options for Pen
State officials mull option for Scranton's troubled pension funds
The Scranton Times-Tribune / Posted 4 days ago
Retirement System, a state agency. It would establish different options for Pennsylvania’s 2,600 municipal plans for paid police and firefighters based on a pension plan’s financial health. A proposed amendment seeks to prevent a spike in... Read more
4d
The Lewistown Sentinel
Senator Corman leads town hall meetingsaid the hold-up from the last budget was based on "significant issues" such as
Senator Corman leads town hall meeting
The Lewistown Sentinel / Posted 4 days ago
said the hold-up from the last budget was based on "significant issues" such as the governor's proposed tax increases. The fundamental difference between what the legislature and the governor proposed was based on how to approach the fact that... Read more
4d
New York Magazine
Bernie Sanders Calls on Democrats to Kill the Puerto Rico Debt Dealcan’t wait until the political revolution for some form of financial relief. At
Bernie Sanders Calls on Democrats to Kill the Puerto Rico Debt Deal
New York Magazine / Posted 4 days ago
can’t wait until the political revolution for some form of financial relief. At present, the Puerto Rican government can’t fund its pensions or finance basic services, like fuel for school buses and police cars. And this July, the island will fall... Read more
39 related stories
5d
Detroit Free Press
Detroit picks firm to help fix $195M pension shortfallDetroit is closer to figuring out how to address a hole in pension funding that
Detroit picks firm to help fix $195M pension shortfall
Detroit Free Press / Posted 5 days ago
Detroit is closer to figuring out how to address a hole in pension funding that is far larger than it had anticipated when it exited from bankruptcy. The city in March put out requests for proposals seeking national firms with expertise in public... Read more
6d
The Youngstown Vindicator
Comic relief in Niles?solve anything.” The unruly behavior may not solve anything, but it’s sure goo
Comic relief in Niles?
The Youngstown Vindicator / Posted 6 days ago
solve anything.” The unruly behavior may not solve anything, but it’s sure good for a belly laugh. In fact, Niles Acting Police Chief Jay Holland emerged as the buzz kill of the evening because he blocked Safety Director James DePasquale from... Read more
6d
Philly.com
Big pensions add to city's retirement fund woesfact, taxpayers continue to send each more than $100,0000 a year for their form
Big pensions add to city's retirement fund woes
Philly.com / Posted 6 days ago
fact, taxpayers continue to send each more than $100,0000 a year for their former service as mayor, district attorney, and police commissioner, respectively. The trio of retirees are among 33 former city employees, including elected officials, who... Read more
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Philly.com
Big pensions add to city's retirement fund woesfact, taxpayers continue to send each more than $100,0000 a year for their form
Big pensions add to city's retirement fund woes
Philly.com / Posted 6 days ago
fact, taxpayers continue to send each more than $100,0000 a year for their former service as mayor, district attorney, and police commissioner, respectively. The trio of retirees are among more than 30 former city employees, including elected... Read more
7d
The Florida Times-Union
JaxPort needs a better strategy if it is to thriveshort of other port projects on the East Coast, JaxPort’s dredging plan has bee
JaxPort needs a better strategy if it is to thrive
The Florida Times-Union / Posted 7 days ago
short of other port projects on the East Coast, JaxPort’s dredging plan has been unsuccessful in attracting the federal funding that it needs. ■ State funding has been minimal, showing lack of real commitment at that level. ■ Mayor Lenny Curry... Read more
7d
The Houma Courier
State retirees to receive increase in pension checksBill 2, now called Act 93, distributes the cost-of-living adjustments, called C
State retirees to receive increase in pension checks
The Houma Courier / Posted 7 days ago
Bill 2, now called Act 93, distributes the cost-of-living adjustments, called COLAs, based on calculations that rely on the funding levels of the individual retirement systems. Members of the Louisiana State Employees' Retirement System are in line... Read more
5 related stories
7d
La Prensa San Diego
SD City Pensions May Have to ReturnB, championed back then as the cure for San Diego’s fiscal problems. Prop B was
SD City Pensions May Have to Return
La Prensa San Diego / Posted 7 days ago
B, championed back then as the cure for San Diego’s fiscal problems. Prop B was a City Charter amendment that eliminated pensions for all employees except police officers, a carve-out to get cops from opposing the measure. The new law was the... Read more
7d
The Daily Comet
State retirees to receive increase in pension checksBill 2, now called Act 93, distributes the cost-of-living adjustments, called C
State retirees to receive increase in pension checks
The Daily Comet / Posted 7 days ago
Bill 2, now called Act 93, distributes the cost-of-living adjustments, called COLAs, based on calculations that rely on the funding levels of the individual retirement systems. Members of the Louisiana State Employees' Retirement System are in line... Read more
5 related stories
7d
Newsmax
Chicago's Pension-Fund Troubles Just Became $11.5 Billion BiggerChicago’s pension-fund shortfall just got $11.5 billion bigger. Thanks to the
Chicago's Pension-Fund Troubles Just Became $11.5 Billion Bigger
Newsmax / Posted 7 days ago
Chicago’s pension-fund shortfall just got $11.5 billion bigger. Thanks to the defeat of the city’s retirement-fund overhaul by the Illinois Supreme Court and new accounting rules, Chicago’s so-called net pension liability to its Municipal Employees’... Read more
2 related stories
7d
Crain's Chicago Business
Chicago's pension-fund troubles just became $11.5 billion bigger(Bloomberg)—Chicago's pension-fund shortfall just got $11.5 billion bigger. Th
Chicago's pension-fund troubles just became $11.5 billion bigger
Crain's Chicago Business / Posted 7 days ago
(Bloomberg)—Chicago's pension-fund shortfall just got $11.5 billion bigger. Thanks to the defeat of the city's retirement-fund overhaul by the Illinois Supreme Court and new accounting rules, Chicago's so-called net pension liability to its... Read more
2 related stories
8d
The Advocate
State retirees to see bump in pension checks with Governor Edwards' COLA approvalBill 2, now called Act 93, distributes the cost-of-living adjustments, called C
State retirees to see bump in pension checks with Governor Edwards' COLA approval
The Advocate / Posted 8 days ago
Bill 2, now called Act 93, distributes the cost-of-living adjustments, called COLAs, based on calculations that rely on the funding levels of the individual retirement systems. Members of the Louisiana State Employees’ Retirement System are in line... Read more
5 related stories
9d
Crain's Chicago Business
Junky Chicago presents a mixed-message year to Wall Streetlittle to loosen the financial bind that tarnished its standing on Wall Street
Junky Chicago presents a mixed-message year to Wall Street
Crain's Chicago Business / Posted 9 days ago
little to loosen the financial bind that tarnished its standing on Wall Street in the first place: A $20 billion pension-fund deficit that's adding hundreds of millions of dollars a year to its bills, a legacy of long promising workers more in... Read more
9d
The Hazleton Standard-Speaker
Council's 3 police hires short of mayor's planHazleton City Council meeting. A majority of council opposed Mayor Jeff Cusat’
Council's 3 police hires short of mayor's plan
The Hazleton Standard-Speaker / Posted 9 days ago
Hazleton City Council meeting. A majority of council opposed Mayor Jeff Cusat’s proposal for a long-term plan for the city police department. But in the short term, they agreed to hire three officers. Cusat’s proposal would increase the city’s... Read more
9d
The Arizona Republic
Big Prop. 124 win to change public-safety pensionsProp. 124 wins big, following support from firefighters, police officers and la
Big Prop. 124 win to change public-safety pensions
The Arizona Republic / Posted 9 days ago
Prop. 124 wins big, following support from firefighters, police officers and lawmakers. It will lower increases to retirement benefits, but is expected to improve ailing retirement trust. Proposition 124 sailed to easy victory Tuesday amid... Read more
9d
Daily Herald
$30 ticket if you back into Palatine garage parking spaceEvery time police spot a car backed into a space at downtown Palatine's Gateway
$30 ticket if you back into Palatine garage parking space
Daily Herald / Posted 9 days ago
Every time police spot a car backed into a space at downtown Palatine's Gateway Center Parking Garage, the driver gets a $30 ticket. It happens more than 200 times a year and netted the village nearly $12,000 in fines between January 2014 and April... Read more
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The Hazleton Standard-Speaker
City hires 3 new copsHazleton City Council meeting. A majority of council opposed Mayor Jeff Cusat’
City hires 3 new cops
The Hazleton Standard-Speaker / Posted 9 days ago
Hazleton City Council meeting. A majority of council opposed Mayor Jeff Cusat’s proposal for a long-term plan for the city police department. But in the short term, they agreed to hire three officers. Cusat’s proposal would increase the city’s... Read more
10d
KJZZ 91.5 Phoenix
Arizona Special Election: Slim Lead For Prop 123, Prop 124 Winning Bigno long lines on Tuesday afternoon. Arizona voters were almost evenly split on
Arizona Special Election: Slim Lead For Prop 123, Prop 124 Winning Big
KJZZ 91.5 Phoenix / Posted 10 days ago
no long lines on Tuesday afternoon. Arizona voters were almost evenly split on a proposal to tap the state's land trust fund to boost education funding, but a measure overhauling public safety pensions was winning by a wide margin Tuesday... Read more
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The Arizona Republic
Big Prop. 124 win to change public-safety pensionsProp. 124 wins big, following support from firefighters, police officers and la
Big Prop. 124 win to change public-safety pensions
The Arizona Republic / Posted 10 days ago
Prop. 124 wins big, following support from firefighters, police officers and lawmakers. It will lower increases to retirement benefits, but is expected to improve ailing retirement trust. Proposition 124 sailed to easy victory Tuesday amid... Read more
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The Arizona Republic
Arizona special election: Here's what you need to knowon the ballot, Proposition 123 and Proposition 124, involve some serious and co
Arizona special election: Here's what you need to know
The Arizona Republic / Posted 10 days ago
on the ballot, Proposition 123 and Proposition 124, involve some serious and costly policy. Prop. 123 would increase funding for public schools for 10 years, largely from the state's land trust fund. The plan would take an additional $2.2... Read more
11d
The Escanaba Daily Press
How They Votedcounties are reportedly considering bag bans. Sen. Tom Casperson, R - Escanaba
How They Voted
The Escanaba Daily Press / Posted 11 days ago
counties are reportedly considering bag bans. Sen. Tom Casperson, R - Escanaba, Yes Senate Bill 738, Require more state pensions disclose amount of underfunding: Passed 108 to 0 in the House To require that state pension systems include an... Read more
11d
Australian Broadcasting Corporation
Why the super debate is a Liberal flashpointhad made decisions under the law as it was were suddenly being told that they h
Why the super debate is a Liberal flashpoint
Australian Broadcasting Corporation / Posted 11 days ago
had made decisions under the law as it was were suddenly being told that they had actually been acting unlawfully. It was, fundamentally, a fairness battle fought against the government's supporters. In his autobiography, John Howard spends a big... Read more
11d
Aljazeera
Why it doesn't pay to be a bankeror in any way worse. Take the slick Wall Street traders who line their pockets
Why it doesn't pay to be a banker
Aljazeera / Posted 11 days ago
or in any way worse. Take the slick Wall Street traders who line their pockets at the expense of another retirement fund. Take the shrewd lawyers who can draw a corporate lawsuit out until the end of days. Or take the brilliant ad writer who... Read more
12d
The Florida Times-Union
Reports on Jacksonville's future pension costs have dramatically different findingsof a half-cent sales tax in August, Mayor Lenny Curry has said the city’s annua
Reports on Jacksonville's future pension costs have dramatically different findings
The Florida Times-Union / Posted 12 days ago
of a half-cent sales tax in August, Mayor Lenny Curry has said the city’s annual pension costs for its three plans — police and fire, general employees, and corrections officers — will balloon from $260 million this year to $433 million in... Read more
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Orange County Register
Here we go again: Another Anaheim tax giveawaywill build it with their own money. Normally, a city takes its hotel bed tax r
Here we go again: Another Anaheim tax giveaway
Orange County Register / Posted 12 days ago
will build it with their own money. Normally, a city takes its hotel bed tax revenues and places them in the general fund to improve and increase city services to residents, like better parks programs, graffiti-removal services and more... Read more
13d
Daily Dispatch
Pensioners’ tough protestin Cape Town. Braving chilly autumn nights, they are demanding they be paid th
Pensioners’ tough protest
Daily Dispatch / Posted 13 days ago
in Cape Town. Braving chilly autumn nights, they are demanding they be paid their pension and unemployment insurance fund (UIF) money, which they claim is owed to them by apartheid-era rail companies. Former Ciskei employees have spent... Read more
13d
The Iron Mountain Daily News
How they votedor reusable bag, cup, bottle or other packaging. Sen. Tom Casperson, R-Escanab
How they voted
The Iron Mountain Daily News / Posted 13 days ago
or reusable bag, cup, bottle or other packaging. Sen. Tom Casperson, R-Escanaba, Y Senate Bill 738, Require more state pensions disclose amount of underfunding: Passed 108 to 0 in the House To require that state pension systems include an... Read more
14d
Weirton Daily Times
Weirton finalizes budgetary actionsit had been discovered $2,300 set aside for the city's Parks Department could n
Weirton finalizes budgetary actions
Weirton Daily Times / Posted 14 days ago
it had been discovered $2,300 set aside for the city's Parks Department could not be used the way it had been proposed. The funds had been suggested to purchase safety surface materials for the Brookline and Dunbar playgrounds. "It can't be used... Read more
14d
The Valley Chronicle
Measure E: Opinion of The Valley Chronicle�s Publisher, Eric Buskirkthe following: Crime rates: per capita (per resident � man, woman and child) H
Measure E: Opinion of The Valley Chronicle�s Publisher, Eric Buskirk
The Valley Chronicle / Posted 14 days ago
the following: Crime rates: per capita (per resident � man, woman and child) Hemet and San Jacinto spend about the same on police and we have approximately the same number of duty officers per thousand, yet Hemet's violent crime rate is more than... Read more
14d
The Advocate
RDA approves budget to survive another year, with hopes of getting funding from a new mayorfinancially strapped organization will operate at least another year and potent
RDA approves budget to survive another year, with hopes of getting funding from a new mayor
The Advocate / Posted 14 days ago
financially strapped organization will operate at least another year and potentially find favor with a new mayor willing to fund the organization. The RDA Board of Commissioners easily approved the general fund budget, which calls on the... Read more
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