NCPERS News Clips
March 1, 2011
News Clips for March 1, 2011
U.S. News
- Wis. governor refuses to give in to protests
Democrats kept the Wisconsin Assembly up overnight with a droning filibuster in another desperate attempt to block the Republican governor's bold plan to strip public sector workers of nearly all of their bargaining rights. - Md. House committee holds hearing on pensions
A proposal to increase Maryland state employees' pension contribution rate from 5 percent to 7 percent is getting a hearing before a House of Delegates committee. - Oklahoma state workers rally at Capitol objecting to planned pension changes
Oklahoma's state employees say they are concerned about changes to their pension system and efforts to privatize state jobs. About 200 attended a Presidents Day rally to urge legislators to use caution when considering changes. - Life on the Run for Democrats in Union Fights
And while they seem to be adjusting to the rhythms of life on the lam, they are still trying to come to grips with being part of a sudden Democratic diaspora that everyone knows about but that the lawmakers themselves do not want to reveal. - Budget Battles Roil Straitened States
It's shaping up to be a year of fierce budget battles in state capitals across the U.S. (subscription required) - In Battle Over State Payrolls, Data Show a Mixed Picture
The wide range in this single job category shows how hard it can be to answer one of the basic questions at the heart of the budget skirmishes that are now spreading across the country: Are state workers overpaid? - Pension Funds Strained, States Look at 401(k) Plans
Lawmakers and governors in many states, faced with huge shortfalls in employee pension funds, are turning to a strategy that a lot of private companies adopted years ago: moving workers away from guaranteed pension plans and toward 401(k)-type retirement savings plans. - Florida Senate committee modifies pension bill
A Senate committee proposed a modified bill Thursday that focuses on shoring up the Florida Retirement System and less on using the savings to close the state budget gap. - California panel pushes for hybrid plan
California public pension plans should switch to a hybrid model with elements of a defined benefit plan and an employer-matched defined contribution plan, according to a new report. - Wisconsin Gov. Scott Walker rejects compromise on Meet the Press
During an interview the Wisconsin governor said two weeks of protests hadn't swayed him from no-compromise position
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