NYC to Pony Up $20.8 Million for Discriminating Against Women Nurses
The city of New York has agreed to pay $20.8 million to settle federal charges for discriminating against registered nurses and midwives because they are women.
Pension
Teamsters Launch Effort to Push Pension Reform
The International Brotherhood of Teamsters is pushing lawmakers to preserve retirement security as the nation’s pension system continues to teeter toward crisis.
Unfunded Liabilities of State Public Pensions Top $6 Trillion in 2017
Unfunded liabilities of state public pension plans now tops $6 trillion, an increase of $433 billion from the previous year, according to a report from the American Legislative Exchange Council.
Trump KOs State-Run Retirement Accounts for Private Sector Workers
President Donald Trump reversed another eleventh-hour Obama administration regulation, rolling back Democrats’ effort to push private sector workers into state government retirement plans.
Chaffetz, Ernst to Propose Legislation That Could Affect Obama’s Pension After Revelation of His $400,000 Speech
Rep. Jason Chaffetz (R., Utah) and Sen. Joni Ernst (R., Iowa) on Wednesday said they will re-introduce the Presidential Allowance Modernization Act later this month to curb the pensions of former presidents if they take outside income that exceeds $400,000.
Public Pension Funds Will Not Take Stand on Burger King Controversy
Struggling public pension funds are refusing to take a stand on the outsourcing controversies that have arisen due to America’s corporate tax rates.
Report: Government Accounting Hides Debt
Your state may not be as fiscally solvent as politicians have led you to believe, according to a new report.
Gutting Pensions to Spite Guns
Several of the nation’s most imperiled pension funds have cut off investments to profitable weapons manufacturers in the midst of the controversial gun control debate.
Starting Over in the Land of Lincoln
Conservatives are calling for a total transformation of Illinois’ public pension system in the wake of Democratic Gov. Pat Quinn’s failure to reform the program, which is nearly $100 billion in debt.
Ill Pension
Illinois lawmakers rejected Democratic Gov. Pat Quinn’s push for pension reform in the state’s lame duck sessions this week, leaving Illinois with nearly $100 billion in unpaid pension debt and the Democratic Party at odds with its labor base.
