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PBGC’s Perverse Incentives Undermine Multiemployer Pensions
For years, the Pension Benefit Guaranty Corporation (PBGC), the federal agency that insures private sector defined benefit (DB) pension plans, has been severely underfunded below…
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Illinois Pension Reform that Can Pass State Supreme Court Muster
When you’re in a hole, stop digging. That seems like such a simple concept that it shouldn’t need stating, but in the area of public…
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Illinois’ Narrow Road to Pension Reform
On March 24, the Illinois Supreme Court struck down a Chicago pension reform bill that sought to address the city’s considerable pension shortfall. In…
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In Memoriam: Giancarlo Ibarguen
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West Virginia Set to Enact Major Labor Reform with Prevailing Wage Repeal
West Virginia, which appears poised to become the nation’s 26th right to work state, may soon enact another major labor law reform. The state Senate is…
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West Virginia: Prospect for a Right to Work Majority
West Virginia may soon become the nation’s 26th right to work state—making the number of right to work states a majority for the first time.