Public Employee Pension Roundup – Illinois, Detroit Update

B-Daddy B-Daddy 1 Comment

Here is a summary of key areas in the fight to prevent state and local public employee pensions from bankrupting governments. Detroit. Judge Stephen Rhodes will rule today at 10:00 a.m. (EST) on whether the city is eligible to enter bankruptcy.  From the LATimes. Most legal experts expect Rhodes to declare that Detroit is eligible for bankruptcy protection.  A ruling …

When Pension Reform Goes Bipartisan

B-Daddy B-Daddy 26 Comments

Eventually the mathematical results of under-funding ever more generous pension benefits for state and local employees becomes a problem for Democrats too.  Illinois legislators are expected to vote this week on pension reform that would pare back pension benefits in three important ways. Reducing cost of living increases. Increases retirement age. Capping the salary amount available for pension calculations. There …

Bankruptcy – No Pension Panacea

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In the 2010 San Diego City Council race, and in previous mayoral campaigns, the idea of bankruptcy for San Diego has been proffered. However, neither Vallejo, which survived bankruptcy, nor Stockton, now going through bankruptcy have demonstrated that public employee pensions can be discharged in bankruptcy court, at least in California. In California, after the Vallejo experience, the state passed …

How Sanders (Mostly) Got His Groove Back … and SD Labor Doesn’t Like It

Ryan Purdy Ryan Purdy 26 Comments

Remember back in 2010 when the local Municipal Employees Association went crying to its state level big brother, Public Employment Relations Board (PERB), about Mayor Jerry Sanders using the power and prestige of his office to inspire and endorse Prop D, the sales tax increase? No I don’t remember that either, because it did not happen. However, I do recall …

Do State Labor Laws Trump Democracy?

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That seems to be the position taken in a lawsuit filed by the Municipal Employees Association of San Diego. From the U-T: The Municipal Employees Association, San Diego’s largest public employee union representing white-collar workers, has accused Mayor Jerry Sanders of violating state labor laws by refusing to negotiate the elements in the initiative while at the same time using …

On Fiscal Issues, Where Art Thou Mayoral Candidate Bonnie Dumanis?

Ryan Purdy Ryan Purdy 2 Comments

Maybe mayoral candidates should approach the 2012 election as if they were running for Homecoming King or Queen of San Diego. This seems to be Bonnie Dumanis’ tactic so far. She is willing to put herself out there… in the sense that she is willing to have folks voice their opinion about her at the ballot box. Of course, nominees …