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Lawsuit targeting Sonoma County pension hikes seeks hearing from California Supreme Court
Headline: Lawsuit targeting Sonoma County pension hikes seeks hearing from California Supreme Court
Publication: pressdemocrat.com
Article Date: February 8, 2020
A retired Santa Rosa attorney is pressing the California Supreme Court to take up his lawsuit seeking to invalidate the enhanced pension benefits granted to Sonoma County government employees in the early 2000s. Read Article…
Workers with chronic health conditions — and access to insurance — retire later
Headline: Workers with chronic health conditions — and access to insurance — retire later
Publication: HRDive.com
Article Date: January 30, 2020
Workers who experienced health events related to two chronic conditions — hypertension and arthritis — are likely to retire later than other workers, according to a study published this month by the Center for Retirement Research at Boston College. Read Article…
Tax Cuts Could Come Back to Haunt State Retirement Systems
Headline: Tax Cuts Could Come Back to Haunt State Retirement Systems
Publication: Chief Investment Officer
Article Date: January 22, 2020
“Although state retirement systems have made a strong recovery from the Great Recession to reduce once-yawning funding gaps, years of tax cuts could come back to haunt states and force them to reduce retirement benefits.” Read Article…
Public pension plans are changing — how does that affect participants?
Headline: Public pension plans are changing — how does that affect participants?
Publication: Benefits Pro
Article Date: February 6, 2020
“From participant communication methods to benefits and COLA calculations, public pensions are changing. Is it for the better?” The article goes on to reflect on a study from the National Conference on Public Employee Retirement Systems regarding these changes. Read Article…
Metrics for Measuring Public Employee Retirement Security
Headline: Metrics for Measuring Public Employee Retirement Security
Publication: pewtrusts.org
Article Date: January 16, 2020
Retirement benefits play a critical role in helping governments attract and retain skilled workforces. Research from The Pew Charitable Trusts has found that most state and municipal employees cite this part of their compensation package as key in deciding to take jobs—and remain—in public service. Read Article…