Formula Bloated City Pensions

Twenty-one people draw $100,000-plus annual pensions from the troubled Cincinnati Retirement System, many by including tens of thousands of dollars in overtime, vacation and sick time to boost their benefits.

ASK NEWS:
  • Barcelona needs to call for a vision - Open Democracy
    ... successful since the city recovered its ... the initially vibrant but rapidly bloated Catalan ... decided to give the 92 Olympics formula ...
    04/2/2015 - 3:16 pm | View Link
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BING NEWS:
  • The Ten Best 21st-Century Buildings in Downtown Denver
    It would have been sublime, but disagreements with the city led to Holl leaving the project. Given this troubled start, no one would have been surprised if the Lindsey-Flanigan Courthouse had turned out to be as bloated and uninspired as the Van Cise ...
    04/22/2015 - 12:27 pm | View Link
  • State budget threatens education progress
    some lawmakers are proposing school funding-formula changes that would cut state dollars for many Indianapolis schools serving predominantly low-income kids, including public charter schools. The city’s public charters would see a 3 percent cut of $181 ...
    04/21/2015 - 6:47 am | View Link
  • Complex, unfair distribution formula underlies WA’s GST outrage
    Before outlining these errors, it is worth noting that the calculation of fiscal capacity is based on two factors: revenue-raising capa­city and expenditure requirements ... pursued anti-growth policies and have bloated public services.
    04/17/2015 - 4:00 am | View Link
  • WA's big GST whinge all a bit rich as iron ore bust leaves governments exposed
    While the latest GST carve-up appears unfair to WA at first glance, it is based on a sound formula that has served the state ... The plunge has devastated Barnett's bloated revenue expectations, wiping about $3 billion from his budget.
    04/17/2015 - 3:43 am | View Link
  • Report: Cut number of judges
    Under that formula, the New Orleans court system is extremely bloated, according to the BGR report, which echoes the conclusions of earlier reports by New Orleans Inspector General Ed Quatrevaux’s office and a consultant for the city. The new report ...
    09/5/2013 - 9:00 pm | View Link
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