California Supreme Court accepts appeal to lower court ruling that stopped workers from padding their pensions by an extra five years of service time.
Collecting $99 million and paying out $999 million in a single year is not a formula for success.
Christie gets half-credit for doing more than any of his predecessors, but his efforts reveal just how daunting the state's pension crisis really is.
What's retired IRS chief Lois Lerner's pension? No one, besides Lerner, knows. Adam Andrzejewski and Rep. Ron DeSantis want to find out.
Chicago Public Schools looking for more money from state
Detroit's pension bankruptcy may not have been a special case after all.
And how baseball can explain complicated pension math.
But there's not much he can do to change it, because the city signed off on the benefits in collective bargaining agreements. It's a common story.
Skyrocketing costs, financial crisis make the Land of Lincoln very thirsty.
Before 2011 reforms, state workers could purchase an additional five years of service time to boost pension payouts and retire earlier.
The Texas Rangers (and possibly the FBI) are on it, but maybe we should consider a broader definition of pension crime?
Out of whack public pension systems essentially are functioning as massive wealth transfer programs, taking from the poor and giving to the rich.
The 'California Rule' is a staple of public sector retirement systems, but could this be its undoing? Many states and cities should hope so.
Likely to lower its expected rate of returns on investments, forcing cities and other participating agencies to contribute more to cover the shortfall.
The cost of today's and tomorrow's lavish public pensions and entitlements will be borne by younger Americans.
Christie says he doesn't pay attention to credit ratings, but maybe he should have. They've been trying to tell him (and other states) something.
Dallas' pension crisis is another example of why cities and states shouldn't use pension obligation bonds.
Private detective pleads guilty in relation to scheme to frame two local pro-pension reform councilmen.
When retired NYPD cops are accused of abusing the NYPD's disability pension fund, the NYPD investigates. What could go wrong?
Lawmakers don't want to re-litigate prior bad decisions even as they keep making them.
You can deal with it now or deal with it later, but eventually you will have to deal with it.
Residents of the city will pay $57 annually as part of a rescue plan that hinges on several questionable assumptions.
Dallas' police and fire pension fund is $5 billion in debt, so officers are making the smart decision to invest privately.
With $80 billion in pension debt and after handing out $1.5 billion in corporate welfare, Christie looks across the Delaware River for a bail-out.
Ruling says state law doesn't have to accommodate spiking.
Former county administrator made $340K in 2015, as CalPERS taxpayer-backed debt climbed to $139 billion.
Like paying "LeBron James' free agent salary and getting me," says state auditor
Underperforming the market, overestimating future success
And don't forget that massive wage increase coming!
Orange County report paints a bleak, but unsurprising picture
Changes-which the Reason Foundation helped facilitate-will help keep system financially viable.
Those who call for aid shouldn't ignore where the territory's money actually went.
If the program is so good, shouldn't government workers be included, too?
How public unions are driving another economic bubble.
Illinois' sources of revenues are leaving as government employees keep demanding more, more, more.
All sides get on board for changes to keep the system financially viable.
Gov. Jerry Brown is pushing unions to contribute more for health care
A failure of local government, brought on by public employee pensions.
Bipartisan push sets eyes on 2018
Families could end up with just pennies on the dollar.
Popular reform in San Diego threatened by California labor board.
As it stands, convicted child pornographers in the Bay State can still retire on the state's dime.
Unsustainable and yet seemingly unstoppable
One focuses on limiting taxpayer liability; the other gives voters more say.
Proponents trying to get past problems with how A.G. Harris officially summarizes proposal.
But it might take another major economic downturn to get state officials to check out the problems.
State can't pass budget; Legislature tries to hamper Rauner's power over state employees.
