Police Pensions Fund

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22h
Zero Hedge
1 Million Ohio Public Employees Face Pension Cuts As Another Ponzi Teeters On The BrinkEmployees Retirement System (OPERS) has been forced to consider COLA cuts for i
Zero Hedge / Posted 22 hours ago
Employees Retirement System (OPERS) has been forced to consider COLA cuts for its 1 million pensioners in order to keep the fund solvent. Ohio’s biggest public pension system is considering cutting the cost of living allowances for its 1-million... Read more
5 related articles
1d
Philly.com
Philly City Hall sits on pension deal infoThis year, Philadelphia taxpayers will be on the hook to pay $600 million or mo
Philly.com / Posted yesterday
This year, Philadelphia taxpayers will be on the hook to pay $600 million or more a year for Philadelphia city worker pensions. That staggering number is partly based on calculations the city makes about the return its pension fund will get on its... Read more
1d
Zero Hedge
Mauldin: Americans Don't Grasp The Magnitude Of The Looming Pension TsunamiAuthored by John Mauldin via MauldinEconomics.com, Total unfunded liabilities
Zero Hedge / Posted yesterday
Authored by John Mauldin via MauldinEconomics.com, Total unfunded liabilities in state and local pensions have roughly quintupled in the last decade. You read that right—not doubled, tripled, or quadrupled—quintupled. That’s nice when it happens on... Read more
1d
Dayton Daily News
1 million Ohio public employees, retirees may see pension cutcutting the cost of living allowances for its 1-million members as a way to sho
Dayton Daily News / Posted yesterday
cutting the cost of living allowances for its 1-million members as a way to shore up the long-term finances of the fund. Ohio Public Employees Retirement System trustees on Wednesday discussed options that could affect all current and... Read more
5 related articles
1d
Springfield News-Sun
1 million Ohio public employees, retirees may see pension cutcutting the cost of living allowances for its 1-million members as a way to sho
Springfield News-Sun / Posted yesterday
cutting the cost of living allowances for its 1-million members as a way to shore up the long-term finances of the fund. Ohio Public Employees Retirement System trustees on Wednesday discussed options that could affect all current and... Read more
5 related articles
1d
The Hamilton Journal News
1 million Ohio public employees, retirees may see pension cutcutting the cost of living allowances for its 1-million members as a way to sho
The Hamilton Journal News / Posted yesterday
cutting the cost of living allowances for its 1-million members as a way to shore up the long-term finances of the fund. Ohio Public Employees Retirement System trustees on Wednesday discussed options that could affect all current and... Read more
5 related articles
2d
Springfield News-Sun
1 million Ohio public employees, retirees may lose pension benefitcutting the cost of living allowances for its 1-million members as a way to sho
Springfield News-Sun / Posted 2 days ago
cutting the cost of living allowances for its 1-million members as a way to shore up the long-term finances of the fund. Ohio Public Employees Retirement System trustees on Wednesday discussed options that could affect all current and... Read more
5 related articles
2d
The Hamilton Journal News
1 million Ohio public employees, retirees may lose pension beneiftcutting the cost of living allowances for its 1-million members as a way to sho
The Hamilton Journal News / Posted 2 days ago
cutting the cost of living allowances for its 1-million members as a way to shore up the long-term finances of the fund. Ohio Public Employees Retirement System trustees on Wednesday discussed options that could affect all current and... Read more
5 related articles
2d
Newsmax
Americans Unaware Pension Tsunami May Hit Us Within 10 YearsTotal unfunded liabilities in state and local pensions have roughly quintupled
Newsmax / Posted 2 days ago
Total unfunded liabilities in state and local pensions have roughly quintupled in the last decade. You read that right—not doubled, tripled, or quadrupled—quintupled. That’s nice when it happens on a slot machine, not so nice when it’s money you... Read more
2d
The Tampa Tribune
Things to Know in the World for Sept. 20last message before the nation's communications were knocked out Tuesday, Skerr
The Tampa Tribune / Posted 2 days ago
last message before the nation's communications were knocked out Tuesday, Skerrit appealed for international aid. Wealth fund hits $1T in value Norway's sovereign wealth fund, the world's largest of its kind, has hit a milestone value of $1... Read more
2d
Scoop.co.nz
Socialist Equality Group statement on the electioncompanies and the sale of mining company Solid Energy; thousands of job cuts th
Scoop.co.nz / Posted 2 days ago
companies and the sale of mining company Solid Energy; thousands of job cuts throughout the public sector; drastic underfunding of health and education; pushing thousands of people off welfare; tax cuts for corporations and high income earners;... Read more
3d
Market Watch
Your state’s finances might look like Puerto Rico’s 10 years from nowthe assumptions of what constitutes adequate preparedness were largely flawed.
Market Watch / Posted 3 days ago
the assumptions of what constitutes adequate preparedness were largely flawed. This also applies to public pensions. Both pension-plan shortfalls and hurricanes are known risks for which state and local governments must prepare.... Read more
3d
The Hazleton Standard-Speaker
Mayor to visit pension board to discuss issues, head off ‘problems’up in the air,” Cusat said. The meeting will be the first held by the pension
The Hazleton Standard-Speaker / Posted 3 days ago
up in the air,” Cusat said. The meeting will be the first held by the pension board since June, when Cusat clashed with police union representatives over the formula used for calculating pension payments. Council President Jack Mundie also... Read more
3d
Slate
Police Officers Need to Accept the Risk That Comes With Showing Restrainttheft, and other wickedness. No One Becomes a Cop Because It’s SafeThe shootin
Slate / Posted 3 days ago
theft, and other wickedness. No One Becomes a Cop Because It’s SafeThe shooting of a Georgia Tech student reminds us that police officers need to accept the risk that comes with showing restraint. A student at Georgia Tech was shot dead by a... Read more
4d
Reuters
French unions and left-wing plan 10 days of action to rattle Macronby the Communist Party-linked CGT union against changes to the labor code drew
Reuters / Posted 4 days ago
by the Communist Party-linked CGT union against changes to the labor code drew many fewer protesters than expected, with police saying 220,000 people turned out nationwide, against union estimates of 400,000. Despite opposition, the government... Read more
4d
Zero Hedge
Pension Storm Coming: "This Will Become One Of The Most Heated Battles Of My Lifetime"We learn new things and invent new technologies. Players come and go. But in th
Zero Hedge / Posted 4 days ago
We learn new things and invent new technologies. Players come and go. But in the big picture, this time is usually not fundamentally different, because fallible humans are still in charge. (Ken Rogoff and Carmen Reinhart wrote an important book... Read more
7d
The Mercury News
Doubts arise on whether corporate tax cut would boost growththe lower rates would have helped him because he was maxing out his personal cr
The Mercury News / Posted 7 days ago
the lower rates would have helped him because he was maxing out his personal credit cards and taking a second mortgage to fund NRS. But today’s borrowing rates are so low that investing in workers isn’t a burden, and tax changes would make little... Read more
6 related articles
7d
FOX Business
Doubts arise on whether corporate tax cut would boost growththe lower rates would have helped him because he was maxing out his personal cr
FOX Business / Posted 7 days ago
the lower rates would have helped him because he was maxing out his personal credit cards and taking a second mortgage to fund NRS. But today's borrowing rates are so low that investing in workers isn't a burden, and tax changes would make little... Read more
6 related articles
7d
FOX Business
Doubts arise on whether corporate tax cut would boost growththe lower rates would have helped him because he was maxing out his personal cr
FOX Business / Posted 7 days ago
the lower rates would have helped him because he was maxing out his personal credit cards and taking a second mortgage to fund NRS. But today's borrowing rates are so low that investing in workers isn't a burden, and tax changes would make little... Read more
6 related articles
7d
Stamford Advocate
Doubts arise on whether corporate tax cut would boost growththe lower rates would have helped him because he was maxing out his personal cr
Stamford Advocate / Posted 7 days ago
the lower rates would have helped him because he was maxing out his personal credit cards and taking a second mortgage to fund NRS. But today's borrowing rates are so low that investing in workers isn't a burden, and tax changes would make little... Read more
6 related articles
7d
Connecticut Post
Doubts arise on whether corporate tax cut would boost growththe lower rates would have helped him because he was maxing out his personal cr
Connecticut Post / Posted 7 days ago
the lower rates would have helped him because he was maxing out his personal credit cards and taking a second mortgage to fund NRS. But today's borrowing rates are so low that investing in workers isn't a burden, and tax changes would make little... Read more
6 related articles
7d
The Times and Democrat
Doubts arise on whether corporate tax cut would boost growththe lower rates would have helped him because he was maxing out his personal cr
The Times and Democrat / Posted 7 days ago
the lower rates would have helped him because he was maxing out his personal credit cards and taking a second mortgage to fund NRS. But today's borrowing rates are so low that investing in workers isn't a burden, and tax changes would make little... Read more
6 related articles
7d
San Francisco Chronicle
Doubts arise on whether corporate tax cut would boost growththe lower rates would have helped him because he was maxing out his personal cr
San Francisco Chronicle / Posted 7 days ago
the lower rates would have helped him because he was maxing out his personal credit cards and taking a second mortgage to fund NRS. But today's borrowing rates are so low that investing in workers isn't a burden, and tax changes would make little... Read more
6 related articles
9d
AllAfrica.com
Tucta Welcomes Move to Combine Pension FundsCongress of Tanzania (Tucta) has welcomed the government plan of amending the S
AllAfrica.com / Posted 9 days ago
Congress of Tanzania (Tucta) has welcomed the government plan of amending the Social Security Act so as to merge pension funds and to introduce unemployment benefits. This was said by Tucta secretary general Yahya Msigwa as he addressed... Read more
11d
AllAfrica.com
Pension Reform Bill - Experts Warn Amendment Will Jeopardise CPs, Deplete N6.5 Trillion Pension Assetsorganisations including the Nigerian Security and Civil Defence Corps (NSCDC),
AllAfrica.com / Posted 11 days ago
organisations including the Nigerian Security and Civil Defence Corps (NSCDC), Nigeria Customs Service, the Nigeria Police, the Nigeria Prison Service, Nigeria Immigration Service and the Economic and Financial Crimes Commission (EFCC). It... Read more
12d
AllAfrica.com
In Backing Chad, the West Faces Moral Hazardscrisis. On 7-8 September, President Idriss Déby is in Paris for an Internationa
AllAfrica.com / Posted 12 days ago
crisis. On 7-8 September, President Idriss Déby is in Paris for an International Donor Conference to seek much-needed funding for the country's National Development Program. The government likes to portray the country's problems as due to... Read more
13d
The Scranton Times-Tribune
Some Scranton retirees to get pension raiseArticle Tools Scranton must pay raises on a small portion of the pensions of c
The Scranton Times-Tribune / Posted 13 days ago
Article Tools Scranton must pay raises on a small portion of the pensions of certain retired police officers and firefighters who retired under a buyout program offered in 1989, a labor arbitrator ruled. The ruling will impact only a handful of... Read more
13d
SaukValley.com
State replacement tax raid creates more uncertainty locallyprojected replacement tax reductions received more attention because the timing
SaukValley.com / Posted 13 days ago
projected replacement tax reductions received more attention because the timing coincided with the chaos of the school funding bill stalemate in Springfield, cities, counties, villages, townships, libraries, park districts, and fire protection... Read more
14d
Lebanon Daily News
Thelma and Louise governancevehicle off a cliff. In the case of government, though, the cliff is fiscal, t
Lebanon Daily News / Posted 14 days ago
vehicle off a cliff. In the case of government, though, the cliff is fiscal, the vehicle is debt, and the engine is unfunded financial liabilities. Some, including New Jersey, Illinois, Connecticut and California, may have passed the point... Read more
14d
Greenwich Time
Greenwich BET candidates make their case before Tuesday’s primary votemaintains the town should borrow only sparingly and only in the short term, tou
Greenwich Time / Posted 14 days ago
maintains the town should borrow only sparingly and only in the short term, touting his work on the BET’s Debt and Fund Policy Working Group, which supports a policy of modest borrowing. “This work protects all of us from high municipal... Read more
15d
express
SNP slammed for putting 'nationalism ahead of security' over transport police merger THE SNP was today accused of putting "nationalism ahead of national security"
express / Posted 15 days ago
THE SNP was today accused of putting "nationalism ahead of national security" after a watchdog criticised its "political" transport police merger. The SNP was... Read more
16d
TribLIVE
Pittsburgh pension funds hit ‘milestone’ after years of lagging behindPittsburgh pension funds hit 'milestone' after years of lagging behind | TribLI
TribLIVE / Posted 16 days ago
Pittsburgh pension funds hit 'milestone' after years of lagging behind | TribLIVE Obituaries Front Bridgeville Area NewsSewickley HeraldMurrysville StarSouth Hills RecordThe HeraldHampton JournalShaler JournalPine Creek JournalTriblive Online... Read more
16d
Orlando Sentinel
Orlando leaders OK $1.2 billion budget, with boost for police, fire departmentsa $17 million boost from rising property values, but nearly all of the money is
Orlando Sentinel / Posted 16 days ago
a $17 million boost from rising property values, but nearly all of the money is slated to cover the city’s rising costs for police and fire services. The City Council on Wednesday gave initial approval to a proposed $1.2 billion budget for the 2018... Read more
18d
WZZM 13 Grand Rapids
Auto insurance reform, veto override on tax cut tops legislative agenda for the fallLANSING - The continuing battles over no-fault auto insurance, municipal employ
WZZM 13 Grand Rapids / Posted 18 days ago
LANSING - The continuing battles over no-fault auto insurance, municipal employee pensions and retirement benefits, road funding, mental health services, aid for Flint residents and the rare possibility of an override of a Gov. Rick Snyder veto will... Read more
18d
Detroit Free Press
Auto insurance reform, veto override on tax cut tops legislative agenda for the fallLANSING — The continuing battles over no-fault auto insurance, municipal employ
Detroit Free Press / Posted 18 days ago
LANSING — The continuing battles over no-fault auto insurance, municipal employee pensions and retirement benefits, road funding, mental health services, aid for Flint residents and the rare possibility of an override of a Gov. Rick Snyder veto will... Read more
18d
Orlando Sentinel
Central Florida cities to reap windfall in property tax revenues thanks to booming economyfiscal year, which means the city stands to receive nearly $17 million in addit
Orlando Sentinel / Posted 18 days ago
fiscal year, which means the city stands to receive nearly $17 million in additional property tax revenues for its general fund. Most of the extra cash — nearly $15.7 million — is earmarked for the police and fire departments “to further enhance... Read more
21d
McDonough County Voice
Sen. Jil Tracy on unfunded pensions and capitalismTracy's remarks at the Aug. 23 Interagency Council meeting. Part one, published
McDonough County Voice / Posted 21 days ago
Tracy's remarks at the Aug. 23 Interagency Council meeting. Part one, published Aug. 24, detailed her comments on school funding issues. Part three, which will publish Saturday, is based on an interview with media after the meeting. MACOMB —... Read more
22d
Chicago Tribune
Gov. Rauner signs major Illinois school funding bill into lawGov. Bruce Rauner on Thursday signed into law a new state school funding formul
Chicago Tribune / Posted 22 days ago
Gov. Bruce Rauner on Thursday signed into law a new state school funding formula, putting in place the final and perhaps most politically crucial component of a new budget that ensures classroom doors across Illinois remain open. "This shows what we... Read more
148 related articles
24d
Chicago Tribune
Emanuel defends CPS property tax increase— and perhaps tens of millions of dollars more — to help cover growing contribu
Chicago Tribune / Posted 24 days ago
— and perhaps tens of millions of dollars more — to help cover growing contributions to the Chicago Teachers' Pension Fund. "I've never, ever said that we were not going to also come up with the resources to make sure our schools were well... Read more
24d
Chicago Tribune
Senate advances landmark school funding bill; Rauner has pledged to sign itThe legislation would allow the state to resume payments to schools after many
Chicago Tribune / Posted 24 days ago
The legislation would allow the state to resume payments to schools after many began the academic year without funding, and it sets the stage for a property tax hike for Chicago Public Schools. While billed as a compromise between the four... Read more
148 related articles
24d
Chicago Tribune
School funding bill could mean even bigger CPS property tax hikeyou up with what's going on in government and politics from Chicago to Springfi
Chicago Tribune / Posted 24 days ago
you up with what's going on in government and politics from Chicago to Springfield. Subscribe here. The compromise school funding bill the Illinois House approved Monday contains a provision to let the Chicago Board of Education raise property... Read more
25d
14 WFIE Evansville
Indiana Lottery earns a profit despite decrease in salesoperator IGT Indiana to produce nearly $294 million in net income. The state wi
14 WFIE Evansville / Posted 25 days ago
operator IGT Indiana to produce nearly $294 million in net income. The state will receive almost $290 million of the funds, an increase of nearly $8 million when compared to last year. The report says scratch-off ticket sales accounted for... Read more
2 related articles
25d
San Antonio Express-News
Indiana Lottery earns a profit despite decrease in salesoperator IGT Indiana to produce nearly $294 million in net income. The state wi
San Antonio Express-News / Posted 25 days ago
operator IGT Indiana to produce nearly $294 million in net income. The state will receive almost $290 million of the funds, an increase of nearly $8 million when compared to last year. The report says scratch-off ticket sales accounted for... Read more
2 related articles
25d
The Times of Northwest Indiana
Hoosier Lottery earns record profit for Indiana despite slight sales dipTaylor, executive director. Lottery profits are used by Indiana to provide Hoo
The Times of Northwest Indiana / Posted 25 days ago
Taylor, executive director. Lottery profits are used by Indiana to provide Hoosiers an annual vehicle excise tax credit, fund state building projects and support teacher, police and firefighter pensions. According to the lottery's financial... Read more
2 related articles
26d
The Youngstown Vindicator
Campbell’s ex-police chief will likely keep his pension.CAMPBELL Experts say a former Campbell police chief will likely keep his pensi
The Youngstown Vindicator / Posted 26 days ago
CAMPBELL Experts say a former Campbell police chief will likely keep his pension, assuming he’s not convicted of a felony at a later date. Andrew Rauzan, who was ultimately allowed to resign after originally being fired by the city, is expected to... Read more
29d
The Champaign News-Gazette
Jim Dey: With pension system on brink, there will be hurtgoing to have to go without." This is not some academic inquiry. Scores of mun
The Champaign News-Gazette / Posted 29 days ago
going to have to go without." This is not some academic inquiry. Scores of municipal pension systems in Illinois are underfunded. One of them, the firefighters pension in Harvey, recently was the subject of an unprecedented state appellate court... Read more
30d
Athens Banner-Herald
Tear gassing of Greek pensioners adds pressure on governmentATHENS, Greece | Greek police fired tear gas and pepper spray at protesting pen
Athens Banner-Herald / Posted 30 days ago
ATHENS, Greece | Greek police fired tear gas and pepper spray at protesting pensioners who challenged a cordon near the office of Prime Minister Alexis Tsipras, whose left-wing government faces mounting pressure over planned austerity measures. More... Read more
1m
chad
Reports from the courtfor eight weeks suspended for 12 months. He had previous driving while disquali
chad / Posted a month ago
for eight weeks suspended for 12 months. He had previous driving while disqualified convictions and offence committed when police officer had told him he was disqualified he bought a car on the same day. He was ordered to take part in a... Read more
5 related articles
m
Boston Globe
August 17, 201710 years to jump-start the life sciences sector — attracting the best minds, re
Boston Globe / Posted 1 months ago
10 years to jump-start the life sciences sector — attracting the best minds, research facilities and the venture capital funding. By most yardsticks, Patrick’s gamble has paid off. Massachusetts, and the greater Boston area in particular, are... Read more
m
guardian-series
Company director jailed for orchestrating £1m pension fraudbetween 2010 and 2016. Say invented a pension scheme where he loaned money to
guardian-series / Posted 1 months ago
between 2010 and 2016. Say invented a pension scheme where he loaned money to investors for their self-invested pensions. Those loans, together with tax relief, were invested with a property company that he was also the director... Read more
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