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A collection of news and information related to Pension and Welfare published by this site and its partners.

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    Jun 14, 2013 |Story| Los Angeles Times
  1. Europe rethinks its pursuit of austerity

    LONDON — After years of unrelenting austerity, Europe seems to have turned a corner on its debt crisis — right into a dead-end street.
    LONDON — After years of unrelenting austerity, Europe seems to have turned a corner on its debt crisis — right into a dead-end street. Since the turmoil erupted in 2009, countries from Ireland to Greece have focused almost exclusively on...

    Tags: Berlin (Germany), France, Germany, European Union, International Monetary Fund

  2. Jun 11, 2013 |Story| Los Angeles Times
  3. GOP assemblyman compares Jerry Brown budget to a mullet haircut

    SACRAMENTO -- Democrats in Sacramento are celebrating their new budget accord as a fiscally austere plan for a state in the midst of a gradual economic recovery.
    SACRAMENTO -- Democrats in Sacramento are celebrating their new budget accord as a fiscally austere plan for a state in the midst of a gradual economic recovery. Although the deal between Gov. Jerry Brown and Democratic leaders in the Legislature...

    Tags: Jerry Brown, Interior Policy, Temporary Assistance for Needy Families, Politics, Jeff Gorell

  4. Jun 10, 2013 |Story| Los Angeles Times
  5. A way forward for L.A. County's child welfare department

    The killing last month of 8-year-old Gabriel Fernandez of Palmdale led Democratic Assemblyman Mike Gatto of Los Angeles to demand a state audit of L.A. County’s  Department of Children and Family Services. On its face, the demand appears to make...

    Tags: Mike Gatto, Tim Donnelly, Laws, Henry T. Perea, Abusive Behavior

  6. Jun 11, 2013 |Story| Los Angeles Times
  7. California budget accord balances restraint, social services

    SACRAMENTO — The budget deal that lawmakers will vote on this week is an effort to mesh financial restraint with a desire to provide more social services and healthcare for the needy — giving the state's economy extra time to recover before some of the spending kicks in.
    SACRAMENTO — The budget deal that lawmakers will vote on this week is an effort to mesh financial restraint with a desire to provide more social services and healthcare for the needy — giving the state's economy extra time to recover before...

    Tags: Jerry Brown, Environmental Issues, Health and Safety at School, Government, Education

  8. Jun 1, 2013 |Story| Los Angeles Times
  9. A liberal mayor takes on the San Diego establishment

    SAN DIEGO — Under a pro-business Republican mayor, it was a no-brainer: allocating millions of dollars each year to buy national advertising for the tourism industry — a major economic driver in this vacation mecca.
    SAN DIEGO — Under a pro-business Republican mayor, it was a no-brainer: allocating millions of dollars each year to buy national advertising for the tourism industry — a major economic driver in this vacation mecca. Then Bob Filner got...

    Tags: Entertainment, Advertising, Local Elections, National Football League, Jerry Sanders

  10. May 31, 2013 |Story| Los Angeles Times
  11. Five ways to think about the new Social Security report

    The release of the annual trustees reports for Social Security and Medicare has generated some of the most overheated hand-wringing about the health of these two crucial programs in recent years, largely because the economic slump has made them look weaker than they may be over the long term. 
    The release of the annual trustees reports for Social Security and Medicare has generated some of the most overheated hand-wringing about the health of these two crucial programs in recent years, largely because the economic slump has made them look...

    Tags: Medicare, 401K, Finance, Retirement, Career and Workplace

  12. Jun 1, 2013 |Story| Los Angeles Times
  13. Questioning the IRS

    Glenn Hubbard and Tim Kane were wrong to say in their <a href="http://www.latimes.com/news/opinion/commentary/la-oe-hubbard-irs-scandal-20130529%2C0%2C2458184.story">Op-Ed article</a> Wednesday that the IRS' targeting of unorthodox political groups chills free speech, wrote reader Harrison Stephenson in a letter to the editor. He said:
    Glenn Hubbard and Tim Kane were wrong to say in their Op-Ed article Wednesday that the IRS' targeting of unorthodox political groups chills free speech, wrote reader Harrison Stephenson in a letter to the editor. He said: -------------------- FOR THE...

    Tags: Interior Policy, Internal Revenue Service, Tea Party Movement, Politics, Parties and Movements

  14. Jun 4, 2013 |Story| Los Angeles Times
  15. Lessons of the Gabriel Fernandez case

    There is nothing more outrageous than the death of a child at the hands of an abusive parent who was under the watch of child welfare workers who, in the end, didn't step in and stop the abuse. Such appears to be the case with the death of 8-year-old Gabriel Fernandez. All the elements are there for a high-pitched emotional public response: Politicians. Government bureaucrats. Bad parents. And an innocent child, now dead.
    There is nothing more outrageous than the death of a child at the hands of an abusive parent who was under the watch of child welfare workers who, in the end, didn't step in and stop the abuse. Such appears to be the case with the death of 8-year-old...

    Tags: Interior Policy, Career and Workplace, Politics, Abusive Behavior

  16. May 29, 2013 |Story| Los Angeles Times
  17. Tax breaks benefit rich households the most, report says

    WASHINGTON &mdash; Federal income tax breaks disproportionately benefit wealthier households, according to a report issued Wednesday that is certain to become ammunition in the budget battles as Congress debates the best ways to reduce Washington's deficits.
    WASHINGTON — Federal income tax breaks disproportionately benefit wealthier households, according to a report issued Wednesday that is certain to become ammunition in the budget battles as Congress debates the best ways to reduce Washington's...

    Tags: U.S. Congress, Health Insurance, Barack Obama, U.S. House Committee on Ways and Means, Credit and Debt

  18. Jun 6, 2013 |Story| Los Angeles Times
  19. Another dose of Brian D'Arcy, the IBEW's chief and champion

    Sitting across a negotiating table from Brian D&rsquo;Arcy would be a formidable challenge, to say the least. Eyeball to eyeball with an adversary, he's probably not going to be the one to blink.
    Sitting across a negotiating table from Brian D’Arcy would be a formidable challenge, to say the least. Eyeball to eyeball with an adversary, he's probably not going to be the one to blink. But sitting across a picnic table from him, as his...

    Tags: Jan Perry, Environmental Issues, Alternative Energy, Energy Saving, Antonio Villaraigosa

  20. May 27, 2013 |Story| Los Angeles Times
  21. Who takes hit in city bankruptcies: bondholders or workers?

    The municipal-debt market has always rested on a simple notion &mdash; that local governments would do whatever they must to repay borrowed money.
    The municipal-debt market has always rested on a simple notion — that local governments would do whatever they must to repay borrowed money. Cities wouldn't want to default on their bonds, some of which are owned by their own citizens. And they...

    Tags: California Public Employees' Retirement System, Bankruptcy, Assured Guaranty Limited, Finance, AllianceBernstein Holding LP

  22. May 13, 2013 |Story| Los Angeles Times
  23. With new revelations, outrage spreads about IRS targeting

    WASHINGTON &mdash; Top career officials in the Internal Revenue Service withheld information from Congress for months about the tax agency's targeting of conservative organizations for extra scrutiny, according to documents released Monday as a controversy involving alleged political bias in tax enforcement gathered strength.
    WASHINGTON — Top career officials in the Internal Revenue Service withheld information from Congress for months about the tax agency's targeting of conservative organizations for extra scrutiny, according to documents released Monday as a...

    Tags: U.S. Congress, Internal Revenue Service, Political Fundraising, IRS Tea Party Nonprofit Application Scandal (2013), Barack Obama

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Pension and Welfare Photos
Senate President John Cullerton, D-Chicago, speaks to r...
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Senate thumps Madigan pension plan
States nationwide have badly underfunded pension plans.
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