| Nov 19, 2014
| 6:14 PM
NEW BRITAIN — Of all retirees who receive Social Security, 26 percent are living on those checks alone. A state Retirement Security Board, made up of private sector employees and state and union officials, is trying to make sure that doesn't...
| Nov 24, 2014
| 5:00 AM
In the last year, all three of Los Angeles' public employee pension funds have recalculated their too-rosy estimates of how much they will earn in the years ahead. Those lowered earning forecasts may cost the city in the short term — if it has to...
| Nov 24, 2014
| 8:40 AM
Public pension funds should invest the retirement savings of government workers to secure their financial future, not undermine it. Yet across the country, these funds are financing companies that privatize their own workers' jobs. And because many of...
| Nov 25, 2014
| 7:44 AM
One little-recognized reality of poverty in America is how closely it lurks beneath the surface of even a successful professional life. A bad career turn, a couple of financial missteps, and -- here comes the dizzying plunge from middle class to...
| Nov 26, 2014
| 2:30 AM
A growing number of couples are planning to retire separately. For some, job loss or disability has forced the decision; for others, age disparity (men are three years older than their wives, on average) has played a role. The closing gap in earning power...
| Nov 29, 2014
| 5:12 PM
Congress has finally found something its members can agree on.
It's important, it's bipartisan and it's hellacious enough to make you wonder how such a practice could have been allowed to continue, with the blessing of the U.S. government, no less....
| Oct 23, 2014
| 2:00 AM
Directing traffic is part of a police officer's job, and in the city of Fountain Valley, keeping cars moving comes with a $145 monthly bonus — and a bigger pension.
Fountain Valley officers can also pump up their pensions by working with police...
| Nov 17, 2014
Earlier this summer, Bob Brink paused for a memory from his first days in the General Assembly
"A few weeks before I was sworn into office in 1998 … I took a walk around the Capitol and I stopped outside the House chamber. The curtains were...
| Nov 20, 2014
| 5:58 PM
Making his first post-election appearance at the Capitol on Thursday, Gov.-elect Bruce Rauner said he hopes the Illinois Supreme Court eventually will provide guidance on what changes are acceptable when it comes to fixing the state's more than $100...
| Nov 21, 2014
| 4:07 PM
Strikeout: Sangamon County Circuit Judge John Belz has ruled Illinois' pension reform law unconstitutional.
"The Act without question diminishes and impairs the benefits of membership in State retirement systems," he wrote in a firm, six-page ruling...
| Oct 26, 2014
| 5:00 AM
To the editor: Why should a library staff member receive a bonus for helping a patron? Why should a jail worker receive a bonus for answering a question from the public? Surely those activities are part of the employee's job description. ("99 ways to...