Alaska Senate passes new pension program for state employees, but final approval is in question | #alaska | #politics
The Alaska Senate on Wednesday approved legislation to revive a pension program for state employees, an act that could bring new benefits to as many as 37,000 Alaskans and is intended to ease a chronic employee shortage at state agencies. Alaska has been without a public-employee pension program for new workers since 2006, when the […]
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Johnstown City Council addresses pension issues | News | #citycouncil
JOHNSTOWN, Pa. – Earlier this year, the Pennsylvania Department of the Auditor General issued a report showing that “in all significant respects” the City of Johnstown’s Comprehensive Municipal Pension Trust Fund was administered in compliance regarding state laws and local policies, although several areas of concern still existed, such as inconsistent benefits and incorrect data. […]
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Sinking stocks, dicey economy may hand NYC’s Eric Adams major budget crisis
Mayor Eric Adams’ $101 billion budget may be more fiscally responsible than any of his predecessor’s spending plans, but the ailing economy, and market, threaten to trigger a giant shortfall. To keep the city in the black — without raising taxes and fees — the mayor will need to keep a tight lid on outlays, […]
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