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July 10, 2018: NCPERS News Clips
Posted On: Jul 10, 2018
 
   

News Clips for July 10, 2018


National News

Want to make millennials mad? Talk about saving for retirement
     30-somethings on Twitter were mad about my retirement story - here's why

Labor Clout Takes A Hit In Supreme Court Ruling On Dues
     On its final day in session of its 2017-2018 term, the Supreme Court issued a ruling that will hurt public sector unions in the pocketbook, and deal a blow to labor's clout in the political arena.


State News

Bill to help retired firefighters and police access pension supplements passes
     (Delaware) The General Assembly unanimously passed a bill last weekend that aims to allow more retired firefighters and police officers to access payments that supplement their pensions.

Pension Fund Keeps Positive Streak Alive
     Florida's $160.4 billion state pension fund showed a preliminary return of 8.99 percent for the fiscal year that ended June 30, marking the ninth straight year the retirement fund has shown a positive gain.

OregonSaves retirement plan nears $5 million in savings after 1 year
     Oregon's pioneering state-sponsored retirement plan reached its first birthday this week, after rapid growth during the past two months.

Supreme Court gives Milwaukee police greater voice on pension board
     The Wisconsin Supreme Court on Friday undid 2013 changes to the City of Milwaukee's pension board, which the court said unlawfully diluted the voice of police and firefighters on the board.

Opinions

Guest view: Don't blame unions for corporate greed
     In today's world of tax cuts for the rich, shameless corruption at the highest levels of government, and repeated effort to weaken or destroy the safety net upon which most Americans depend (or will inevitably depend as they get older), The Quad-City Times editorial board thinks it is the unions that represent "shameless gluttony." 

Canadian News

Against the tide: 2 Ontario funds launch DB plans
     Two Toronto-based public pension funds have become disrupters in the retirement world by taking a page from the past: developing new defined benefit plans at a time when closing or freezing plans has become the norm.
 


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