Data-Z News

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Pritzker’s accounting gimmicks can’t fix pension crisis, but real reform can

FEBRUARY 21, 2020 | ILLINOIS POLICY INSTITUTE | by Adam Schuster

Pension costs consume more than 25% of Illinois’ budget annually, but have historically grown faster than official projections and are on track to grow to nearly 30% of the budget by the end of the decade.

Drawing benefits

FEBRUARY 21, 2020 | SANTA FE NEW MEXICAN | by Richard Johnson

The rampant teacher shortage in New Mexico and elsewhere comes as no surprise given how little respect has been shown the profession the past two decades

Pritzker’s 2021 Illinois budget: Unbalanced. No reforms. And, of course, more tax hikes

FEBRUARY 20, 2020 | WIREPOINTS ILLINOIS NEWS | by Ted Dabrowski, John Klingner

If you’ve been following Illinois budgets for some time, it’s déjà vu all over again. An unbalanced budget. No reforms. More spending. And of course, more tax hikes.

Use better assumptions to pay for pensions

FEBRUARY 20, 2020 | MACKINAC CENTER FOR PUBLIC POLICY (MICHIGAN) | by James Hohman

Michigan Rep. Thomas Albert, R-Lowell, is imploring state administrators to use better assumptions when determining how much they are going to put into the school employee retirement system.

New slogan for Santa Ana police union boss: ‘To protect and serve – himself’

FEBRUARY 19, 2020 | VOICE OF ORANGE COUNTY | by Cecilia Iglesias

Since that vote, Serrano has made a series of bogus complaints against me. When he tells you that city, county and state officials have failed to act on these complaints, what he means is that neutral legal experts declared them groundless.

Higher taxes driving people out of Illinois

FEBRUARY 19, 2020 | CARROLL COUNTY MIRROR-DEMOCRAT | by David Hanson

If they believe it can't happen here, just wait for the 2020 census and subsequent reapportionment. Illinois, New York, and even California are on track to lose congressional seats, a first for California.

East St. Louis working with pension boards to avoid intercept, save police department

FEBRUARY 19, 2020 | BELLEVILLE NEWS-DEMOCRAT (ILLINOIS) | by Carolyn Smith

East St. Louis fire and police pension board members will give the city another chance to keep their pension funds current before deciding whether or not to pursue another revenue intercept by the Illinois Comptroller’s office.

As pension costs climb, Memphis officials warn of ‘high-level revenue pressures’

FEBRUARY 19, 2020 | THE COMMERCIAL APPEAL (TENNESSEE) | by Samuel Hardiman

Memphis has a sobering fiscal outlook for the coming year with city officials warning the Memphis City Council of "high-level revenue pressures," and saying that most of the modest growth in city revenue has already been swallowed up its pension fund. 

Mayors: Reconfiguring Kentucky’s pension system could force local cities to raise taxes, fire police

FEBRUARY 19, 2020 | WCPO-ABC NEWS CINCINNATI | by Mariel Carbone

Local city leaders are concerned with the way a retooled pension system will affect their ability to govern. The mayors of Covington, Erlanger and Independence met with state lawmakers last week to discuss a bill passed by former Kentucky Gov. Matt Bevin.

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