Tags: Pensions

Executives in school districts getting big raises before retiring

Most savings come from future hires, does little to address current unfunded liabilities

The decision is based on weak funding for government pensions and a "lack of action on reform measures."

Plan for California will help fight fraud and pension spiking, but doesn't deal with the reality of the system's unsustainability.

Deal brokered by Democrats and union leaders to cut the state's public employee pension costs.

Several creditors say they are owed $39.5 million and are victims of an alleged Ponzi scheme.

The state's credit rating and finances are on the line

Businesses don't want one, unions don't want the other. Guess which one threatens a "war?"

Agree to pay freeze, switch from pensions to 401(k) program.

What to look for as your burg goes belly up!