Hochul suggests adding $500 million to pensions while facing off against unions in budget dispute.
ALBANY – Standoff Over Public Pensions Delays New York State Budget The ongoing standoff between Governor Kathy Hochul and New York’s major labor union regarding public pensions is causing significant delays in the already postponed state budget. The leaders of the Empire State are pushing back against what they view as excessive demands, which could […]
Proposal would prevent sex offenders from receiving federal pensions following Eric Swalwell incident
New Legislation to Deny Pensions to Convicted Sex Offenders Two female senators from both major parties are putting forward a new bill aimed at preventing convicted sex offenders from obtaining taxpayer-funded pensions and retirement benefits. Senators Joni Ernst (R-Iowa) and Kirsten Gillibrand (D-N.Y.) have collaborated on what’s called the No Taxpayer Pensions for Sex Offenders […]
Sen. Cornyn’s Undisclosed Public Pensions and Perjury Investigation Revealed
Senator John Cornyn (R-Texas) was previously scrutinized for potential perjury due to conflicting statements regarding his housing, aimed at maintaining his position as Texas’ highest-paid judge. He later faced claims of receiving a “double dip” by augmenting his senator salary with a state pension he had not disclosed for several years. Background on Cornyn: his […]
Rep. Lauren Bobert promises to eliminate pensions for Swalwell and Gonzales after accusations
Representative Lauren Boebert (R-Colo.) has expressed her intention to cut the pensions of former Representative Eric Swalwell (D-Calif.) and Representative Tony Gonzalez (R-Texas), both of whom stepped down recently amid allegations of sexual misconduct. In a video posted on X, Boebert discussed her efforts to secure the removal of taxpayer-funded pensions for Swalwell and similar […]
Sen. Josh Hawley’s proposal aims to eliminate pensions for individuals convicted of sex crimes.
Senate Republicans Push for Pension Reform Senate Republicans are taking steps to prevent members of Congress who are convicted of sex crimes from receiving retirement benefits funded by taxpayers. Senator Josh Hawley (R-Missouri) is introducing a new bill aimed at addressing a gap in federal law that currently allows pensions to be stripped for certain […]
Rep. Boebert promises to eliminate Swalwell and Gonzales’ pensions funded by taxpayers.
Rep. Boebert Calls for Termination of Pensions for Former Reps Rep. Lauren Boebert (R-Colo.) has pledged to work towards cancelling the pensions of former Rep. Eric Swalwell (D-Calif.) and Rep. Tony Gonzalez (R-Texas), who recently stepped down amid serious allegations of sexual assault and harassment. Boebert announced on X that she is actively pursuing measures […]
California is a sanctuary state, yet its public pensions fund companies collaborating with ICE.
California Pension Funds Invest Heavily in ICE Contractors California’s largest pension funds have reportedly put over $2.7 billion into firms working with Immigration and Customs Enforcement (ICE) and the Department of Homeland Security, according to a recent analysis. CalPERS, which manages retirement funds for public employees, has invested around $1.6 billion in various tech firms […]
Wayne County claims it overpaid two judges’ pensions by $1 million and might not be able to get the money back.
Wayne County’s Pension Overpayment Issue Wayne County has discovered it overpaid pensions for two retired judges by over $1 million. However, there’s uncertainty about whether the county will be able to recover all the funds. Last year, the Wayne County Retirement System found that they had drastically overpaid the pensions of David Szymanski and Richard […]
Sri Lankan legislators eliminate their pensions, fulfilling a campaign commitment
Sri Lanka Lawmakers Abolish Pensions Amid Economic Crisis In a significant move, Sri Lankan legislators voted on Tuesday to eliminate pensions, aligning with a major campaign promise from the Marxist-influenced ruling party, amidst widespread discontent due to the nation’s economic turmoil. The measure passed in the 225-member Parliament by an overwhelming 154 votes, with only […]
NYS reduced pensions for new employees, but some believe it was excessive.
ALBANY State legislators are looking into the possibility of reversing pension reforms put in place since 2011 that reduced benefits for public employees. While these changes might help attract and keep workers, they could also raise expenses for local governments and schools. In an attempt to manage surging pension costs, lawmakers established a new sixth […]