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state employees could be asked to contribute to their retirement for first time
6 hours ago ago from Cowboy State Free Press
by Phil Noble, Cowboy State Free Press Bureau Chief CHEYENNE—One of the two bills the Joint Interim Appropriations Committee will consider when it meets again next month would require state employees to pay half of any increase to their retirement contribution, much as private business employees have always done. “The cold recognition is the (retirement) plan was not designed to provide cost of living adjustments (COLAs). Now we ...
Related content26 Students Arrested in Protest Over Tuition Increases
4 hours ago ago from QUICK MONEY BLOG
Some students barricaded themselves inside a building at San Francisco State University to protest budget cuts and tuition increases across the state’s public university system.
Related contentMichael Hiltzik: The privatization of UC
22 hours ago ago from How to Invest Today
Attacking the University of California is a perennial political sport who can forget that Ronald Reagan's heckling of Berkeley students was as important in launching his conservative political career as was the support of General Electric Co. ? But the system today faces greater peril than at any time since Gov. Pat Brown and UC President Clark Kerr joined to craft the state's higher-education master plan in 1960. Changing demographics, ...
Related contentGregoire proposes 50-percent cuts to state need-based aid
20 hours ago ago from The Daily of the University of Washington - Latest News
Gov. Christine Gregoire released the first draft of the 2010 supplemental budget yesterday, reducing higher education’s state funding by $89 million. From that, the UW took roughly a $20.9 million hit, but one of the biggest surprises were the cuts to state need-based aid. Alongside the 6.4-percent cut to the university’s state funding were the cuts to the State Need Grant program, which will be cut by about $146.4 million, causing ...
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Wyo. lawmakers mull response to pension value dive
12 hours ago ago from U.S. News
Wyo. lawmakers mull response to pension value dive CHEYENNE, Wyo. (AP) -- Wyoming lawmakers plan to consider two bills next month that would increase contributions to the state's public employee retirement system. The Wyoming Retirement System saw that value of its investments tumble in the recent recession. The value of the retirement system's portfolio fell from $6.3 billion at the start of 2008 to $4.6 billion last January. Thom ...
Related contentEconomist: W.Va. may need local help with roads
15 hours ago ago from PopEater
CHARLESTON, W.Va. -The Great Depression helped force West Virginia to take over most roads within its borders from cash-strapped counties. State lawmakers were advised Wednesday to consider changing course amid chronic funding problems made worse by The Great Recession. "The time may have come for the establishment of a new partnership between local and state government," said Tom Witt, a professor at West Virginia University and director of ...
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