The second largest teachers union in the U.S. may be using pensions to advance their political agenda, an education watchdog suggests.The American Federation of Teachers (AFT) has advocated for fossil fuel divestments,…
Retired Washington firefighters and police officers are suing the state to stop one of the most dangerous pension raids in American history.They should win, and the courts should not have to work hard to get there.House Bill…
Each year, hundreds of newly retired government workers across New York garner a benefit that would be unheard-of in the private sector: pensions that exceed the salaries they received while still on the job. This is possible…
New York Post editors pan the latest bad idea from the city’s socialist mayor. Despite a $7.1 billion hole, Mayor Zohran Mamdani has pushed back against any serious cutting to his budget and instead wants to delay required…
The legislature has granted Public Employee Retirement System (PERS) Plan 1 and Teachers Retirement System (TRS) Plan 1 retirees a “one-time” cost-of-living adjustment (COLA) six times in the past eight years. Combined, these…
With the legislative session deadline of March 12 less than three weeks away, House Appropriations Committee Chair Timm Ormsby (D-Spokane) and Senate Ways & Means Committee Chair June Robinson (D-Everett) released their…
1. Proposed income tax strips long-standing protections for public and private pensions.2. The bill's amendments to multiple RCW sections, such as 2.10.180, 2.12.090, and 2.14.100, explicitly ends exemptions for…
The question comes up a lot. How much money would you have to invest to get a $120,000 pension (pretax) in Washington state? The answer might shock you, especially if you are a public employee in the state retirement system.…
"There is no more expensive debt you can have than unfunded pension liability. If the funds are not there to be invested, that's 7 to 8 percent you're losing." Those are the words of State Treasurer Mike…
Pension payments to 21,170 retirees of the New York City Board of Education Retirement System (BERS) during fiscal year 2025 were added today to SeeThroughNY.net, the Empire Center’s transparency website. The data primarily…
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