CONTACT US
This website belongs to the members of Local 801. We welcome all suggestions from our members, if you have a suggestion that you believe would make this site better, please visit our "Contact Us" page and let your suggestion be known. All suggestions will be considered. If you know of something that we need to share about our members or their family please let us know using the "Contact Us" webpage. Remember, a strong union local is an active union local. Good things don't happen if we are passive. So please play an active part in our local.
Buffett warns of rough road ahead for public pension funds Billionaire Warren Buffett has a warning for investors in his 2014 annual letter to Berkshire Hathaway shareholders released Saturday: During the next decade, there will be a lot of bad news about public pension funds.
Class actions at risk in Supreme Court challenge Institutional investors are holding their collective breath as the Supreme Court considers making it harder to bring class-action securities lawsuits. (Subscription Required)
First PBS, now Brookings: Has another institution sold its soul?
The assiduous billionaire-tracker David Sirota, who last exposed the connections between billionaire John Arnold and a suspiciously one-sided series on public pension reform that ran on Public Broadcasting Service stations, is at it again.
Pressure building on Pew to cut ties with foundation Public pension fund groups are pressuring the Pew Charitable Trusts to stop taking money from a foundation to finance Pew's Public Sector Retirement Systems Project. (Subscription Required)
State News
Pension reform: Settlement talks brewing in landmark San Jose case After years of intense fighting, the city and its employee unions are discussing a settlement of at least parts of a pension battle that has divided San Jose over key issues ranging from taxpayer costs to police staffing.
Back in December, Pando reported on how Michigan and Detroit officials were simultaneously pleading poverty to justify cuts to municipal workers' average $19,000-a-year pensions all while promising to keep spending taxpayer cash on a new professional hockey stadium.
Detroit reaches settlement over controversial debt deal
The city of Detroit revealed a proposed settlement with two banks late Monday to pay off a controversial debt deal called swaps, which helped plunge Detroit into bankruptcy.
North Carolina state workers are paying a lot higher fees to Wall Street to manage their pension assets these days according to fiscal year 2013 data provided to me by State Treasurer Janet Cowell.
On tap this week, Republican Ken Block's plan to rescue the Rhode Island economy, and the outlook for the settlement aimed at ending the lawsuit over the state pension system.
Japan's Government Pension Investment Fund, the world's largest pool of retirement savings, will invest as much as $2.7 billion in infrastructure over the next five years.
Opinions
Pension History Lesson As Black History Month comes to a close, we are reminded that many of the social and economic justice struggles that persist today began over a century ago.
