By First Responder Pension Facts on July 23, 2014
(Reuters) – Detroit will head into the critical phase of its historic bankruptcy case next month with the backing of an overwhelming majority of its active and retired workers and with opposition from a small, hard-core group of hold-out creditors.
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By First Responder Pension Facts on July 23, 2014
Lawyers representing state retiree groups say they aim to use a recent Supreme Court decision on health care benefits as a way to expedite their case…
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By First Responder Pension Facts on July 23, 2014
The Pension Rights Center has collected links to fact sheets and other publications that serve as a roadmap to helpful information about retirement plans for private-sector workers. Following a section on general information about planning for retirement, the links are organized according to stages…
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By First Responder Pension Facts on July 18, 2014
Democratic state treasurer candidate Mike Frerichs says he thinks lawmakers should “go back to the drawing board” and start over on changes to public employee pension benefits following a recent Illinois Supreme Court ruling.
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By First Responder Pension Facts on July 16, 2014
Thoughts and prayers and more – please help this PBPA member’s family. Waukegan Patrol Officer Mueller was killed off duty Saturday in a tragic car accident. This former Army Ranger and mid-East war veteran leaves behind a young wife and very young daughter.
This fundraiser has been set up in the wake of Officer Mueller’s tragic death to assist his young wife and baby girl.
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By First Responder Pension Facts on July 16, 2014
About 10,000 Americans a day are turning 65 years old. While Wall Street’s 401(k) plans have done nothing to help retirees enjoy their golden years, defined benefit plans are the best way to support retirees and allow them to continue to contribute to their local economies.
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By First Responder Pension Facts on July 14, 2014
A writer must “know and have an ever-present consciousness that this world is a world of fools and rogues… tormented with envy, consumed with vanity; selfish, false, cruel, cursed with…
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By First Responder Pension Facts on July 14, 2014
Anti-government conservatives have been attacking public employees and their pensions for years, but the attacks picked up after the financial crisis in 2008, when the stock market crashed, leaving many public plans—and private plans, too—temporarily underfunded. Rather than going…
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By First Responder Pension Facts on July 14, 2014
On July 3, the Illinois Supreme Court found that state constitutional protections for pensions apply to retiree health care subsidies that were cut by the State of Illinois (A3 negative). The decision reversed a lower…
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By First Responder Pension Facts on July 14, 2014
A writer must “know and have an ever-present consciousness that this world is a world of fools and rogues… tormented with envy, consumed with vanity; selfish, false, cruel, cursed with illusions… He should free himself of all doctrines, theories, etiquettes, politics…” –Ambrose…
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