Commentary: The ‘Gold Standard’ Private Pensions Exposed Now as High-Wire Busts

Like many retirees, Jesus Nunez knew he was due a pension but was having a hard time tracking it down. Now 66, the Burbank, Illinois, resident had worked as a painter and garage worker for the Checker Taxi Co. Inc from 1978 to 1986 and then another year for its successor concern. But when Checker Motors filed for Chapter 11 bankruptcy in 2009, he never got a notice about his anticipated retirement checks. He figures he’s due about $300 per month.

Read More

Georgia Senate Committee Learns Private-Sector Workers’ Retirement Savings Low

According to data presented Friday to the Senate Retirement Security for Georgians Study Committee, about half of Peach State residents—and Americans generally—aren’t saving enough for retirement.

Jessica Eckman, a senior legislative representative with the American Association of Retired Persons (AARP), told the committee that about 50 percent of U.S. households are at risk of accumulating insufficient retirement savings, up from 31 percent three decades earlier.

Read More

DeSantis: Florida Republicans Overtake Democrats in Voter Registration

Ron DeSantis speaks on bad policy with the national government

This past Friday, in a speech at the National Conference of State Legislatures, Gov. Ron DeSantis said that Republicans have surpassed Democrats in Florida voter registration numbers for the first time in the state’s history.

“Today, and it’ll probably be fully publicized very soon, today for the first time in the history of Florida we’ve now overtaken Democrats,” DeSantis said. “There are more registered Republicans in Florida than Democrats.”

Read More

Huge Unfunded Liability Revealed at Nashville Budget Meeting Hosted by City Council Member Bob Mendes: Retiree Healthcare Benefits

Wednesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast live from Music Row on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. – Leahy was joined in studio by the all-star panelist Crom Carmichael.

Read More

Retired Ohio Public Workers Receive Massive Cuts to Health Care Benefits Starting in 2022

Following a year in which stock markets posted healthy gains, the organization running Ohio’s public employee benefits is cutting back — a lot.

Read More