Pension Update – CSFA’s weekly round-up of public pension news and comment

Here is a weekly round-up of news and opinion on the pension issue. Stay informed on this important issue and pass these on to neighbors and colleagues.

California Stories

231 local tax hikes and bond measures on California ballots March 3
https://www.thecentersquare.com/california/local-tax-hikes-and-bond-measures-on-california-ballots-march/article_2040254e-4f69-11ea-8b1f-277cde3b3e54.html

California gold-rush-era newspaper McClatchy files for bankruptcy
https://sanfrancisco.cbslocal.com/2020/02/13/california-gold-rush-era-newspaper-publisher-mcclatchy-bankruptcy/

National News 

Send in a Marine: Pa. Republican lawmaker seeks overhaul of the state’s costly school pension fund
https://www.inquirer.com/business/pensions-pa-psers-teachers-reform-marine-republican-wolf-20200213.html

Blair County pension fund assets sold https://www.altoonamirror.com/news/local-news/2020/02/blair-county-pension-fund-assets-sold/

Hutchins Roundup: Automation, mandatory pension schemes, and more.
https://www.brookings.edu/blog/up-front/2020/02/13/hutchins-roundup-automation-mandatory-pension-schemes-and-more/

Delta Air Lines boards $500 million into pension plan
https://www.pionline.com/pension-funds/delta-air-lines-boards-500-million-pension-plan

 

‘Winners and loser’: Health department officials discuss pension woes
https://www.richmondregister.com/news/madison_county/winners-and-losers-health-department-officials-discuss-pension-woes/article_7ed3d150-931a-5d54-bd3a-25e9b93b5846.html

Wadena city council approves fire department pension increase
https://www.wadenapj.com/news/government-and-politics/4935571-Wadena-city-council-approves-fire-department-pension-increase

NY rep ask for action in Congress on multi-employer pension crisis
https://auburnpub.com/news/local/govt-and-politics/ny-reps-ask-for-action-in-congress-on-multi-employer/article_c5538724-0fed-56d8-9527-7eadd34b5f62.html

Senate approves pension fix
https://nmpoliticalreport.com/2020/02/13/senate-approves-pension-fix/

City forecasts $18.9 million more in revenue, but warns that pension bills loom
https://www.courier-journal.com/story/news/politics/metro-government/2020/02/13/louisville-mayor-greg-fischer-forecasts-18-9-million-more-revenue/4750426002/