A federal bankruptcy judge dealt a significant blow to California's community employee pension programs by ruling Wednesday that payments for foreseeable future employee retirements is usually diminished when a town declares bankruptcy -- the same as its other debts.
Right after years of underinvesting in IT, the condition is trying to find to rework from one of many worst to among the finest digitally operate from the nation.
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Chicago's treasurer lately introduced an initiative to make money literacy a daily piece of the curriculum for grade schoolers.
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Rather than seeking to lure huge providers with tax incentives, An increasing number of places are trying to increase the volume of area companies to boost their economies.
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"It is important to the international Neighborhood to face up and discuss out while in the strongest achievable conditions about the value of enforceable action to rid the globe of Syria's chemical weapons."
Congress jeopardized the future of condition ideas to help you private employees save for retirement. States Will not appear to care.
Growth periods in oil and agriculture have brought new wealth to men and women in lots of rural counties. But The cash in financial institution accounts is just not translating into more cash for presidency.
Even though scores of private and non-private teams aid the proposal, numerous say the requirements Really don't go considerably more than enough.
The Windy Metropolis is in advance of most destinations In relation to generating improvements to just how it purchases goods and products and services. But the town's largest obstacle even now lies ahead.
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California not too long ago uncovered that it compensated billions in expenses to personal equity administrators, foremost various other point out pension units to call for extra transparency in these investments.