NCPERS News Clips

February 22, 2011

News Clips for February 22nd, 2011

• NCPERS executive director Hank Kim sets the record straight
  NCPERS executive director Hank Kim sets the record straight on the Dylan Ratigan Show that aired Monday, Feb. 21 on MSNBC.
• Retiring Boomers Find 401(k) Plans Fall Short
  The retirement savings plans that many baby boomers thought would see them through old age are falling short in many cases.
• Unions have to make concessions
  The feud between Wisconsin Gov. Scott Walker and that state's employees has all of a sudden become ground zero in the battle between efforts by the GOP to shut down unions as they exist, and those same union workers desperate to hold on to long-fought-for wages and benefits.
• Wisconsin Teacher Walkout Reverberates in Florida
  Teachers and Democratic legislators fired a shot across the bow of government reformers when they walked off their jobs last week in Wisconsin.
• ND House defeats closing state pension funds
  Teachers and government workers helped defeat two bills in the North Dakota House on Friday that would have closed their pension funds to newly hired employees, although advocates for overhauling the retirement systems promised the debate would continue.
• Pension Changes Worry Oklahoma Workers
  Oklahoma's firefighters, teachers and other public employees are growing restless as Republican lawmakers who vowed to shrink the size and cost of Oklahoma's government are also taking aim at the state's pension system.
• State pension funds sinking fast; legislators study options
  Oklahoma's public employee retirement system is not as precarious as that of Illinois, state Sen. Mike Mazzei says.
•  Wisconsin Power Play
  Last week, in the face of protest demonstrations against Wisconsin's new union-busting governor, Scott Walker — demonstrations that continued through the weekend, with huge crowds on Saturday — Representative Paul Ryan made an unintentionally apt comparison: “It’s like Cairo has moved to Madison.”