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Pension

Valpo plans 3 percent raises for employees in 2015

VALPARAISO | The 2015 budget and salaries ordinances were introduced at Monday's council meeting calling for 3 percent raises for all employees but no increases for elected officials.

September 23, 2014 2:25 pm

Big changes to public pensions may be on horizon

INDIANAPOLIS | Region residents considering a career in state or local government, including public education, may want to begin working in the next few years or risk losing a guaranteed pension benefit at retirement.

September 16, 2014 6:30 pm

Gov't employee retirements not tied to annuity change

INDIANAPOLIS | Indiana is seeing a retirement surge among state and local government employees and teachers this year, but it appears a state-ordered change to an optional retirement benefit isn't what's driving workers to end their careers.

August 26, 2014 6:00 pm

Senate panel votes to stop annuity privatization plan

INDIANAPOLIS | A House-approved measure halting the privatization of a state annuity program for retired government employees, including teachers, cleared a Senate committee Wednesday 9-0 and advances to the full Senate.

February 19, 2014 6:00 pm

House panel votes to block annuity privatization plan

INDIANAPOLIS | State lawmakers took a first step Tuesday toward halting a plan to privatize the supplemental annuity payment available to retired state and local government employees, including teachers.

January 14, 2014 11:25 am Related

Report: Ill. pension payments up in coming year

SPRINGFIELD | The amount Illinois must pay to keep pace with its pension systems should grow less than 2 percent next year but still total nearly $7 billion, according to a report released Tuesday.

December 31, 2013 8:15 pm

Cid: Waste district should be frugal with new tax revenue

CROWN POINT | The Lake County solid waste district should temper spending of new income tax revenues with frugality rather than using it for proposed employee pensions, a district board member says.

August 18, 2013 6:30 pm

Langbehn: Pension path for waste district employees not yet chosen

CROWN POINT | The path and funding mechanism for possible Lake County solid waste district employee pensions have not yet been decided, the district's top employee said Thursday.

August 15, 2013 9:30 pm

EDITORIAL: Don't let windfall be downfall of prudence

The Lake County Solid Waste Management District needs to apply the "reduce, reuse, recycle" mantra to household waste, not bad ideas.

August 15, 2013 12:00 am

Hamm: New revenues should go to projects, not pensions

Lake County's top solid waste district official said he wants all new income tax revenues to be directed to a fund for projects or operating expenses, not employee pensions.

August 14, 2013 8:30 pm

Waste district proposes pensions funded by new income tax

About a quarter of a million dollars in new Lake County income tax revenues would help fund retirement benefits for solid waste district administrators and staff under a new proposal, a top district official said.

August 13, 2013 7:30 pm

EDITORIAL: Illinois must act on pension reform

The Illinois General Assembly's failure to enact meaningful public employee pension reform is shameful.

June 06, 2013 12:00 am

Taxpayers may get hit with 'convenience fee' under new pay-to-pay law

INDIANAPOLIS | Hoosiers soon may be forced to pay a "convenience fee" when using a credit or debit card to pay municipal or utility charges under a new law signed by Republican Gov. Mike Pence.

April 30, 2013 12:45 pm Related

Illinois House rejects gun divestment plan

SPRINGFIELD | The Illinois House rejected a proposal Thursday requiring the state’s public employee pension systems to stop investing in gun manufacturers.

April 18, 2013 8:00 pm
Tips for Protecting Your Family's Financial Future

Tips for Protecting Your Family's Financial Future

Do you lay awake at night wondering if you'll have enough money to pay the bills, let alone retire?

February 19, 2013 12:00 am
GUEST COMMENTARY: 6 percent annually in 401(k) isn't enough

GUEST COMMENTARY: 6 percent annually in 401(k) isn't enough

The three-legged stool of retirement planning is collapsing.

January 15, 2013 12:00 am

EDITORIAL: Illinois must not delay on pension reform

The Land of Lincoln is rusting away. Public sector pensions underfunded by $83 billion are a crisis Illinois has faced for years but still has not resolved.

June 13, 2012 12:00 am
"Do high-ranking politicians deserve large pension packages?"

"Do high-ranking politicians deserve large pension packages?"

Region views on politicians' pensions

June 10, 2012 12:00 am Photos

Photos

"Do high-ranking politicians deserve large pension packages?"

"Do high-ranking politicians deserve large pension packages?"

Julie Birmingham, Crown Point | "I would lean more toward that they have gotten their cut. Just serve their term and go back to the private sector. I've been a homemaker for the last 20 years and even done some volunteering without a dime."

June 10, 2012 12:00 am
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