NCPERS News Clips

April 17, 2012

News Clips for April 17th, 2012

• Senate OK's traditional retirement plan for public employees
  Bill has little chance to pass through House in session's final day
• Our view: Adjust COLA in pensions
  Ingram correctly pointed out that the state's unpaid bills, increasing Medicaid costs, and more than $80 billion in unfunded pension liability are going to pose a problem for future pension funding – with or without reduction of pension benefits for current and future teachers.
• Jindal's Retirement Legislation Is Moving
  The legislative session began with hordes of teachers descending upon the State Capitol to oppose Governor Jindal's aggressive education reform package. The dust had barely settled after those two historic bills were passed, a new battle began brewing over the administration's efforts to reform the state's retirement system.
• Minnesota lawmakers preparing for next contract showdown with state workers
  The Minnesota Senate today passed a bill that prevents public employees and governments from extending a union contract beyond the point at which it expires. Before doing so, however, it added an amendment that eliminates police, fire, corrections, military and veterans services workers from its impact.
•  The War on Public Sector Workers
  The targets of these politicians' wrath are school teachers, firefighters and other public sector workers.