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April 18, 2024
IAFF Local Newswire
 
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Updated: Apr. 18 (13:00)

3rd Annual "Sweat for a Cause"
Colorado Professional Fire Fighters
A Message from IAFF President Ed Kelly
Colorado Professional Fire Fighters
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March 18, 2014: NCPERS News Clips
Posted On: Mar 78, 2014

News Clips for March 18, 2014

NCPERS News

Richard Tettamant & the 2014 Annual Conference
Richard Tettamant, NCPERS Executive Board member and chair of the Education Committee + Administrator of Dallas Police & Fire Pensions System, talks about why you should attend the 2014 Annual Conference & Exhibition in Chicago, IL

Bruce Leppla & the 2014 Annual Conference
Bruce Leppla, from Lieff Cabraser Heimann & Bernstein will be speaking on Monday, April 28th at the 2014 Annual Conference during the Lunch & Lecture series. He will speaking on financial literacy and developing a basic financial literacy program for you and your fund.

NCPERS Applauds Superior Court Decision Rejecting Language Changes to Public Pensions Ballot Proposal



National News

As Living Standards Fall for Seniors, Some See Signs of 'Silver Revolution
Community activist Ann A. Stewart, seated, attends a Massachusetts Senior Action Council chapter meeting. Ms. Stewart, 89, was arrested in Boston for participating in a street protest over the doubling of fares for a local paratransit service.
The Brookings Institution is attacking public pensions, but rather than taking the usual fiscal-responsibility angle, a new paper argues that defined-benefit pension funds systematically offer women fewer benefits for the same work as men

Retirement confidence bounces back, but only among wealthy savers
Americans who owned stocks in 2013 are feeling better about their retirement prospects than they did just a few years ago. For everyone else, not so much.



State News
Elected officials outside Duval County are taking notice of Jacksonville Mayor Alvin Brown's proposal that JEA boost its contribution to help solve the city's pension woes.

In Illinois, Republicans See an Office Up for Grabs
Democrats have dominated state government here for so long that they even held on to the governor's office in 2010 as their last governor, Rod R. Blagojevich, was facing corruption charges that would send him to federal prison.
The city's pension funds and a bond insurer were among those filing objections Monday in U.S. Bankruptcy Court to Detroit's proposed plan to end a troubled pension-related debt.
While trumpeting "pension reform," the New Jersey governor placed retiree assets in the hands of hedge fund managers bankrolling his political career.
An investigator for North Carolina's public employees' union asked the state auditor to investigate what it called hundreds of millions of dollars of undisclosed fees in the state pension fund.
President of the Pennsylvania branch of the American Federation of Labor and Congress of Industrial Organizations Rick Bloomingdale sent a letter to Democrats in the Senate to warn them about the conflict of interest and possible collusion between billionaire John Arnold and the Pew Charitable Trusts.

Canadian News
On March 17, 2014, HOOPP and its Settlor organizations presented We're All Invested, an afternoon devoted to understanding the economic impact of defined benefit (DB) pensions, public attitudes towards them and the broader issue of retirement security.


Opinions

The Last Reason Not to Vote for Chris Christie
If there's anyone out there still looking for a reason not to vote for Chris Christie for anything, Lee Fang has handed you one on a satin pillow. A couple weeks ago, addressing the CPAC wingnut hootenanny, Chris Christie started with a talk about how he had forced "pension reform" on New Jersey's firefighters and how those who once had booed him later cheered him to the skies.
I am a state worker and am not writing to whine, cry or complain, but rather to inform others of a segment of state employees that have been gravely impacted by pension reform.

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