HELENA — Unlike two years ago, Montana legislators won’t be facing complex decisions of how to shore up the finances of battered pension funds for state and local government employees and teachers.
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…
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…
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…
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.
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…
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.
HELENA — An attempt to modify the future impact of an error in a new pension law continued Wednesday, but wasn’t resolved.
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.
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.
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.
HELENA — Montana lawmakers are considering a bill that would allow state income tax exemptions for military pensions and military survivor benefits.
CHEYENNE — The latest proposal to boost contributions to the Wyoming's state pension plan calls for employees and the government to split the cost.
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.
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.
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.
Montana’s public pension problems demand solutions from the 2013 Legislature.
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…
We've all heard the slogans about our home state.