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Tag Archives: pensions

As state lawsuit draws to close, city pensioners’ federal case may resume

A federal judge reopened a case last week challenging aspects of Baltimore’s pension system for police and firefighters that had been stayed for more than two years while state litigation was pending. The plaintiffs, active and retired Baltimore first responders ...

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Judge rules Baltimore pension changes breached contract with police, fire retirees

Changes Baltimore city made to the retirement plan for police and fire employees “retrospectively diminished” their benefits and constitute a breach of contract, a city judge has ruled. The 2010 revisions to the Fire and Police Employees’ Retirement System of ...

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Deficit shoots up for pension insurer

(AP) The federal agency that insures pensions for about 41 million Americans saw its deficit nearly double in the latest fiscal year. The agency said the worsening finances of some multi-employer pension plans mainly caused the increased deficit. At about ...

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