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Public employee groups in Kansas have misgivings about a legislative proposal unveiled Friday for overhauling the state pension system, even though it backs away from starting a 401(k)-style plan for new teachers and government workers.
New York Gov. Andrew Cuomo on Monday increased pressure on state lawmakers to win support for his plan to cut pension costs, promising to make sure voters remember which legislators opposed him in the effort he said will reduce taxpayers' burden.
West Virginia is already reaping benefits from recent efforts to rein in public retiree health benefit costs, officials say. A Wall Street credit rating agency appears ready to praise the state's handling of its last major liability.
New York Gov. Andrew Cuomo told the Legislature on Wednesday that he's willing to risk a shut-down of government to create a cheaper pension system for the next generations of public workers.
As part of America Saves Week, the U.S. Department of Labors Employee Benefits Security Administration will host a free webcast for small business owners talking about choosing a retirement savings plan and helping employees save for retirement.
Proposals to change the retirement system for public employees in Tennessee stalled Monday in the Legislature when a joint panel of lawmakers decided they need more study.
Critics of a proposal to create a new public pension system urged New Hampshire lawmakers Thursday to spend more time studying the idea, warning that the planned changes could make it more difficult to recruit and retain good employees.