NCPERS News Clips

January 24, 2012

News Clips for January 24th, 2012

• Rowe Calls for Pension Reform Passage
  Candidate for State Rep in the 52nd district, Danielle Rowe, is calling for passage of pension reform legislation, and proposes eliminating legislator pensions.
• Public unions: What's the big deal?
  (Op-Ed) For decades, collective bargaining for government workers wasn't controversial.
• State Pension Officials Argue Against Budget Cuts
  (video) The National Public Pension Coalition (NPPC) hosts a press briefing on the state of America's public pension systems.
• Public employees hit back in pension fight
  Public employees in the United States are striking back at what they see as attacks on their pensions.
• DiNapoli: Replacing Defined Benefit Pension With 401(K)-Style Plan 'Unacceptable'
  State Comptroller Tom DiNapoli today issued an aggressive defense of the current pension system and – without getting into specifics – slammed Gov. Andrew Cuomo's proposal to offer a 401(k)-style defined contribution plan as part of his Tier 6 proposal, calling the change “unacceptable” and “extreme.”
• Congress' Pension Math Doesn't Add Up
  Last week Sen. Orrin Hatch issued a report noting the rising unfunded liabilities of state and local defined benefit pension plans, and which illustrates the potential impact of those liabilities on the taxpayer, says Steven Malanga, a senior fellow at the Manhattan Institute.
• Experts Correct Myths about Public Employee Pensions
  In politics and policymaking, the facts aren't always convenient. Such is the case with public employee defined-benefit retirement plans and the policymakers who want to dismantle them.
• Pension tensions continue to mount
  Retirement benefits for government workers continue to receive scrutiny early in 2012, as budget-cutting once again takes center stage and the presidential campaign gains momentum.
• Protecting Public Employee Pensions
  As more governors try to force 401 (k) style pension plans on public employees, a group of pension experts say they aren’t the solution for workers who want a secure retirement.
•  OpEd: Lack of pension makes for wobbly retirement
  Media coverage by Crain's and others during the last several years has cast a bright light on Illinois' poorly funded state pensions and the abuse of those systems.