Page 22 - Pension Program News Today

jerry sandusky was seen raping a boy in a locker room shower. thats all he was required to do under pennsylvania law. tell the people in charge and let them decide whether to contact police. well, governor tom corbitt told nbc that just wasnt good enough. he says, "by law someone in paternos position should have to call the cops himself." >> should the law be changed? absolutely. i know that members of both party, republican and democrat, have already introduced measures to make that c...

dont believe me. let your eyes and your ears do the judging. and we must warn you, some of the images youre about to see are quite graphic. for example, remember this? an unarmed man surrounded by troops and executed. [ gunshot ] >> [ speaking foreign language ]. [ gunshots ] >> listen to syrias ambassador to the united states explain whats happening. >> what i am saying is very clear. the government of syria does not approve of this, and we -- everyone who has -- who has wrongfully co...

Controlled state senate, would prevent public workers from striking and would limit unions bargaining rights. national union leaders say labor, quote, cant make the only sacrifice. but republican governor john kasich says this is the first step in closing ohios $8 billion budget shortfall. >> we dont have a choice but to lower our costs, become competitive, and be in a position where instead of people flying over ohio, they stop and say, id like to create a job there. >> hes trying to take away ...

The state workers contribute. raise the minute retirement age to 62 and freeze cost of living increases for retirees for three years. the governor says the states pension program is in the red to the tune of $4.3 billion. a number of state workers and retirees say theyre already having trouble making ends meet on their current pensions with food and heating oil costs on the rise. and they say the current governor should not punish state workers and current retirees who have been promised these b...

Over ohio they stop and say, id like to create a job there. >> their ability to come together and maybe... well fight that everywhere. the american public supports the right of workers, to come together, and... >> reporter: the measure goes to the g.o.p.-controlled state house in ohio, where it is expected to pass. >> kelly: there are other states where there is concern about this going on and there are the beginnings of what appears to be protests taking place in maine, is that correct? >> repo...

Job where they dont really have a choice as to whether or not they can union representation. i think democracy is a good thing. they need to have more. >> harold ford, look at the numbers from 2008 in wisconsin and the presidential race. this was a state that the president carried 56 to 42. a swing state. you wouldnt know it by those numbers. but more republicans certainly in the mid-term elections had strong gains and make no mistake, the president is elevated to governor walker. this is about ...

Senators bond and bunning both taking a way $58,900 in annual pensions. >> unlike state and local pension plans the federal congressional pension system is simply a direct line into the taxpayers wallet. theres no investments that need to be made, no fund balances that get worried about. whatever the liability is for a given year taxpayers cough up the money for it. >> reporter: we called the senators to get a response. our calls were not returned. the congressional retirement system was reforme...

Make the system less generous and more in line with that of other federal workers. still representative howard cobble says the system is broken. hes tried repeatedly to reform the pension program which he says hasnt won his many friends on capitol hill. >> well, its too lavish. its too generous when you compare it with pensions across the country. i elected to refuse the pension on the ground that taxpayers are subsidizing my salary now and i figure when i leave, theyve taken good care of me, le...

Made and no fund balances that get worried about. whatever the liability is for a given year, taxpayers cough up the money for it. >> reporter: we called the senators to get a response, but the calls were not returned. the congressional retirement system was reformed in 1994 to make the system less generous and more in line with that of other federal workers, but howard cobble says that the system is broken, and he has tried repeatedly to reform the pension program which has not won him too many...

Hillary clinton made her first appearance since her stunning defeat a few weeks ago. kasie hunt is there. before we go to what hillary clinton said, we follow developments in the upper chamber right now facing, of course, that midnight deadline to keep it. >> reporter: craig, i will tell you, absolutely no appetite at all for the permanent shutdown on capitol hill. i dont think at this point thats a reasonable risk. but know there are democrats led by senator joe mansion of west virginia who are...