| Jul 22, 2013
| 10:38 AM
The Maryland state employees' pension system reported last week that it grew to more than $40 billion during the 12 months that ended June 30 as it posted a 10.6 percent return on its investments.
That performance exceeds both the state's assumption...
| Jul 23, 2013
| 1:03 PM
If I were a government employee in California, I'd cringe anytime I heard the name Bruce Malkenhorst.
Malkenhorst worked for the tiny city of Vernon for 29 years, culminating with his tenure as city manager. He somehow persuaded his employer to pay...
| Jul 24, 2013
| 1:24 PM
SAN FRANCISCO -- The San Francisco Board of Supervisors has reluctantly approved a Kaiser Permanente rate hike for more than 45,000 public employees and their families, after aggressively pressing the nonprofit healthcare coverage provider for months to...
| Jul 25, 2013
| 10:37 AM
Detroit's bankruptcy is about numbers: a 26 percent drop in population since 2000, 78,000 abandoned properties, $10 billion in underfunded pension and health care obligations for public employees and billions more in bonds and other debt that make it...
| Jul 26, 2013
| 4:10 PM
Connecticut taxpayers and beneficiaries of public pension funds got welcome news this past week.
Wall Street was kind to beleaguered public employee pension funds managed by the state. The funds earned a robust average of nearly 11.5 percent on their...
| Jul 26, 2013
| 1:53 PM
Editors' Note: "DP Buzz" is an interactive feature of the Daily Press Opinion Page. We email weekly questions on issues and topics affecting Peninsula-area citizens. Each week, subscribers can choose whether to weigh in or not with a short answer. Here is...
| Oct 8, 2013
| 8:15 AM
On Saturday, the House of Representatives passed a bill to guarantee furloughed federal employees back pay 407-0. So, if federal employees are going to be paid eventually, why not allow them to come back and do their jobs? Otherwise, it's not a furlough,...
| Oct 8, 2013
| 8:19 AM
While our nation enters week two of the government shutdown and Congress' approval rating reaches an anemic 10 percent, the lowest number in recent history, I grow more and more concerned about the future. We witness politicians on both sides of the aisle...
| Oct 4, 2013
| 7:22 PM
There is a lot of misinformation and mystery about the compensation Congress receives.
So I did some research at http://www.About.com and called the Office of the Clerk of the House of Representatives at (202) 225-7000.
Senators and representatives...
| Oct 9, 2013
| 4:08 PM
Some Illinois workers told to stay home were called back to their jobs Wednesday, while others began preparing for furloughs, highlighting the ongoing uncertainty caused by the partial shutdown of the federal government.
Several dozen state workers...
| Oct 11, 2013
| 3:58 PM
I recently read a claim that underfunded pension obligations for city employees were imaginary.
Consider the following hypothetical, which is analogous to what's facing thousands of public employees in the California Public Employee Retirement System...