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They have earned a pension of $1,850 per month in retirement, but their employer has offered a $200,000 buyout at the start of their retirement instead. Here’s how to look at the issue.
News. Dallas and Houston both have pension problems, but Houston is actually solving theirs Some police and firefighters here have asked why Dallas can’t find a remedy the way that Houston did.
Residents who voted to renew the 3/4-cent pension sales tax in April 2014 could — understandably — consider Springfield's pension problem to be resolved. But there's talk of trouble in paradise.
Texas House Bill 2432, authored by Rep. Jim Murphy, R-Houston, is good legislation aimed at reducing spiking and improving transparency for all pension systems statewide. However, as offered, the ...
The police and fire pension and the city's civilian employee pension are facing shortfalls that must be addressed by the end of the year. Here's where we stand before a special briefing Friday.
With pension reform possibly within reach, there’s a Goldilocks problem for the state lawmakers setting plans to tackle Illinois’ worst-in-the-nation pension problem.
First, admit the problem. Going forward, Chicago’s pension contribution will increase by an average of at least $47 million per year through FY 2027. I say at least, ...
Residents who voted to renew the 3/4-cent pension sales tax in April 2014 could — understandably — consider Springfield's pension problem to be resolved. But there's talk of trouble in paradise.