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Pension

Guest opinion: State employees, retirees must get involved in pension lawsuit

The Association of Montana Retired Public Employees is standing up to protect the legal rights and pension benefits of thousands of state and local government retirees. The association is not a group of highly paid members with a big support staff. Just the opposite. The organization’s leade…

February 13, 2014 12:00 amLoading…

Robert J. Samuelson: The end of early retirement?

WASHINGTON — We may be witnessing the last gasp of early retirement – not just in the United States but in many industrialized countries. Considering the high unemployment since the 2008 financial crisis, you might expect the opposite. Early retirement would flourish. It would strike many un…

December 19, 2013 12:00 amLoading…

Guest opinion: State must honor promise to retirees

Keep your promise. Honor your word. Most of us learned those lessons early in life and realize the value in making sure we follow those guidelines in our daily affairs. A recent lawsuit by state and local government retirees attempts to hold Montana state government to the same standard, the…

November 14, 2013 12:00 amLoading…

Actuary says time to change pension assumptions

HELENA — The board that runs the state's public employee pension system was told Thursday it should expect less earnings on its investments, a key assumption used to predict the solvency of the system.

September 12, 2013 2:11 pmLoading…

Robert J. Samuelson: Schools vs. nursing homes: Government budgets tighten

WASHINGTON — The bankruptcy of Detroit is an extreme example, but it is not an isolated case. State and local governments face a prolonged squeeze between costly commitments to retirees and demands for better services. Think schools, police, libraries, parks, roads and prisons. As the Great…

August 06, 2013 12:00 amLoading…

Governor confident pension fix will survive glitch

HELENA — Gov. Steve Bullock said Friday he is confident the pension system will remain much improved despite an error that could inadvertently nullify part of a new law aimed at fixing it.

July 12, 2013 3:42 pmLoading…
Montana legislative mistake could gut pension fix

Montana legislative mistake could gut pension fix

HELENA — An attempt to modify the future impact of an error in a new pension law continued Wednesday, but wasn’t resolved.

June 19, 2013 5:44 pm Related Loading…
ILLUSTRATION: Equal pay

ILLUSTRATION: Equal pay

Equal pay

June 17, 2013 12:00 amLoading…
Pension fix would work differently than lawmaker expected

Pension fix would work differently than lawmaker expected

HELENA -- Some legislators were surprised to learn that a new pension-fix law increases contributions by workers and government agencies for only six months, but keeps in place lower cost-of-living pension adjustments for retirees possibly into the next decade.

June 14, 2013 7:47 pmLoading…
Pay, pension bills advance in House

Pay, pension bills advance in House

HELENA — The House on Thursday approved and sent to the Senate a bill to raise state employees’ pay and to fix the state’s public pension funds.

March 28, 2013 7:27 pm Related Loading…
House backs proposed pension fixes from both sides

House backs proposed pension fixes from both sides

HELENA — The House on Thursday endorsed conflicting bills that attempt to fix Montana’s financially ailing pension plans and left it to a committee to narrow the options.

March 22, 2013 6:15 am Related Loading…
Committee considers military pension tax exemption

Committee considers military pension tax exemption

HELENA — Montana lawmakers are considering a bill that would allow state income tax exemptions for military pensions and military survivor benefits.

February 25, 2013 12:00 pm Related Loading…
Wyoming, workers would share pension hike under bill

Wyoming, workers would share pension hike under bill

CHEYENNE — The latest proposal to boost contributions to the Wyoming's state pension plan calls for employees and the government to split the cost.

February 13, 2013 7:54 am Related Loading…

Wyoming Senate committee advances state retirement fund bill

CHEYENNE, Wyo. — A bill to increase some employer and employee contributions to the state retirement fund to help insure its future viability is moving closer to passage in the Wyoming Senate.

February 06, 2013 10:30 pmLoading…
Bill to end certain pension funds for new public employees draws opponents

Bill to end certain pension funds for new public employees draws opponents

HELENA — Representatives of unions, retirees and state pension funds lined up Tuesday to criticize a bill to end guaranteed pensions for new public employees and replace them something similar to 401(k) plans in the private sector.

January 29, 2013 11:14 am Related Loading…
New pension committee looks for grand bargain

New pension committee looks for grand bargain

HELENA — Republican lawmakers and the governor's office indicated that they backed opposing solutions for the state's dwindling public pension fund on Tuesday as a new legislative committee held its first meeting to find a fix for the system.

January 22, 2013 11:36 am Related Loading…

Gazette opinion: State needs plan to fix public pension problems

Montana’s public pension problems demand solutions from the 2013 Legislature.

January 20, 2013 12:10 amLoading…

Guest opinion: Time to pay up - Montana urgently needs a public pension fix

Our governor and legislative leaders have recognized the state’s pension shortfalls as a problem. That’s encouraging. Now it is time to take the opportunity of our state’s healthy fiscal condition to make much- needed changes to the plan. It is time that the Legislature and the executive bra…

January 13, 2013 12:05 amLoading…

Guest opinion: Keep Montana's promise to public servants

We've all heard the slogans about our home state.

January 09, 2013 12:05 amLoading…
Employees facing Wyoming Retirement System contribution increase

Employees facing Wyoming Retirement System contribution increase

CHEYENNE — Employees covered by the Wyoming Retirement System are facing a 2 percent increase in their retirement contribution next year.

December 13, 2012 11:45 pmLoading…

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