TheRepublic.com - Retiree finances News

State workers anxious as lawmakers debate pensions

Sun, 19 May 2013 11:48:17 -0400

SPRINGFIELD, Illinois - An Illinois agency manager might have to delay retirement. A former university secretary wonders if she'll have to cancel vacations. A state office assistant fears he won't be able to afford the medical care his wife needs.

Senate committee passes union-backed pension plan

Wed, 08 May 2013 19:52:15 -0400

SPRINGFIELD, Illinois - A Senate committee approved a union-backed approach for dealing with Illinois' pension crisis Wednesday, saying it gives the state its best chance at surviving an inevitable court challenge and getting out of its nearly $100 billion mess.

Florida Senate rejects pension changes

Tue, 30 Apr 2013 20:07:32 -0400

TALLAHASSEE, Florida - The Florida Senate on Tuesday defeated a proposal to revamp the state's vast public retirement system for future employees, denying House Speaker Will Weatherford one of his top goals for this legislative session.

Okla. study recommends consumer-driven health plan

Wed, 24 Apr 2013 18:56:35 -0400

OKLAHOMA CITY - As lawmakers in the state of Washington consider moving some part-time government workers out of a state-sponsored health plan and into an insurance exchange developed under the nation's new health care overhaul law, officials in Oklahoma say there are no plans for a similar move here.

AP Source: Fiat mulls IPO after buying Chrysler

Wed, 24 Apr 2013 18:13:09 -0400

DETROIT - Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter.