Ohio employers are collectively owed $860 million after being overcharged for nearly a decade by the state insurance fund for injured workers, a Cleveland judge ruled Wednesday.
The Ohio Senate fast-tracked legislation on Tuesday aimed at shoring up four of Ohio's five public pension funds, with both political parties supporting passage of the changes as early as next week.
Guaranteed pensions for relatively youthful government retirees paid in similar fashion to millions nationwide are contributing to nationwide friction with the public sector workers. They have access to attractive defined-benefit pensions and retiree health care coverage that most private sector workers no longer do.
The fate of Ohio's contentious new public worker collective bargaining law went to voters Tuesday, wrapping up a campaign that pitted teachers, firefighters and police against Republican leadership in a swing state that often serves as a barometer of the nation's political mood.
Employees of more than 550 school districts, townships and other government units across Ohio will see their share of health care costs rise if voters approve a collective bargaining law this fall, state data show.
Ohio Treasurer Josh Mandel has asked for a state investigation into whether banks may have manipulated foreign exchange rates charged to Ohio pension funds and the state's injured worker insurance, potentially costing pensioners and businesses tens of millions of dollars over the past 12 years.
Ohio lawmakers have had their chance to vote on a bill limiting collective bargaining rights for 350,000 public workers across the state. Next will be the public's turn.
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{
"uri": "/2013/03/20/judge-awards-ohio-employers-860-million-for-overch/",
"title": "Judge awards Ohio employers $860 million for overcharges",
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"summary": "Ohio employers are collectively owed $860 million after being overcharged for nearly a decade by the state insurance fund for injured workers, a Cleveland judge ruled Wednesday.",
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{
"uri": "/2012/05/08/ohio-public-pension-changes-get-moving-in-senate/",
"title": "Ohio public pension changes get moving in Senate",
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"summary": "The Ohio Senate fast-tracked legislation on Tuesday aimed at shoring up four of Ohio's five public pension funds, with both political parties supporting passage of the changes as early as next week.",
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{
"uri": "/2011/12/12/public-retirement-ages-come-under-greater-scrutiny/",
"title": "Public retirement ages come under greater scrutiny",
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"summary": "Guaranteed pensions for relatively youthful government retirees paid in similar fashion to millions nationwide are contributing to nationwide friction with the public sector workers. They have access to attractive defined-benefit pensions and retiree health care coverage that most private sector workers no longer do.",
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{
"uri": "/2011/11/08/collective-bargaining-goes-up-for-vote-in-ohio/",
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"summary": "The fate of Ohio's contentious new public worker collective bargaining law went to voters Tuesday, wrapping up a campaign that pitted teachers, firefighters and police against Republican leadership in a swing state that often serves as a barometer of the nation's political mood.",
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{
"uri": "/2011/10/06/most-ohio-union-workers-affected-by-insurance-rule/",
"title": "Most Ohio union workers affected by insurance rule",
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"summary": "Employees of more than 550 school districts, townships and other government units across Ohio will see their share of health care costs rise if voters approve a collective bargaining law this fall, state data show.",
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{
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"summary": "Opponents of a federal health care overhaul scored a key legal victory on Friday that should clear a proposed ballot measure for a fall vote.",
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{
"uri": "/2011/06/14/ohio-probe-sought-in-pensions-currency-dispute/",
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"summary": "Ohio Treasurer Josh Mandel has asked for a state investigation into whether banks may have manipulated foreign exchange rates charged to Ohio pension funds and the state's injured worker insurance, potentially costing pensioners and businesses tens of millions of dollars over the past 12 years.",
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{
"uri": "/2011/03/31/ohio-bargaining-limits-prevail-unions-vow-fight/",
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