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A bill attacking the long-term funding problems of Kansas' public pension system is close to clearing the Legislature, though some Republicans are disappointed it won't start a 401(k)-style retirement plan for new teachers and government workers.
House and Senate negotiators hope to resolve their differences on competing plans to reform New Hampshire's public pension system by the end of the month, at the same time the state's retirement system is experiencing a big increase in applications from retirement-eligible employees.
Legal and policy issues linger on pension legislation as Kansas lawmakers prepare to vote on a compromise plan for attacking the long-term funding problems facing the state retirement system for teachers and government workers.
California's state and local government workers make salaries similar to those at large private-sector employers but get significantly higher retirement benefits.
New Hawaii government employees will work more years, contribute higher amounts toward their pensions and get paid less after retirement, according to sweeping proposed changes to the state's underfunded pension system.
With Democrats in Massachusetts pulling a Wisconsin on their public unions, headlines screaming widening funding gaps in pensions of all sort and even Washington politicians coming ever so closer to touching the dreaded third rail.
Officials at a public hospital district have come under fire after awarding the former CEO nearly $4 million in retirement payments in addition to his $150,000 annual pension after staffing was reduced by hundreds of people.
Work on pension legislation in the Kansas Legislature stalled Tuesday when House members pressed for a vote in the Senate on creating a 401(k)-style retirement plan for teachers and government workers instead of studying the idea.
Kansas legislators won't approve a bill addressing the state pension system's funding problems until the House and Senate agree on whether the state should commit to starting a 401(k)-style retirement plan.