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Home    Membership    Education    Annual Conference    Publications & Resources Jul. 5, 2012

US municipalities face $2 trillion
in unfunded pension costs

Reuters    Share    Share on FacebookTwitterShare on LinkedinE-mail article
U.S. states and localities have run up more than $2 trillion of unfunded pension liabilities, Moody's Investors Service said recently, citing data on plans offered by 8,500 local governments and over 14,000 individual entities. More

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Nevada's health insurance exchange moving forward following Supreme Court ruling
KRXI-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Silver State Health Insurance Exchange is moving forward to ensure that Nevada will have a state based exchange operational by Oct. 1, 2013, following the recent Supreme Court ruling upholding most of the federal health care law. To date the exchange has been awarded approximately $24.7 million in federal grants to pay for its establishment and implementation. More

Number of people claiming federal disability insurance payments is now higher than New York City's entire population of 8.25 million
Daily Mail    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A record of 8,733,461 workers took federal disability insurance payments in June of 2012, exceeding the entire population of New York City by more than 500,000, according to the Social Security Administration. Over the past two decades, the number of people earning a paycheck in the U.S. has dramatically decreased, reported the conservative CNS News. More

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Fireworks, fires and liability
Utah Policy    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Utah's Governor Herbert, in responding to the fires burning in Utah, recently issued a strong warning, "if they start a fire, they are going to pay for it." He went on, "There is a liability factor out there. If you are negligent, if you are reckless, if you are intentional, the responsibility falls upon you ... " More

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City and firefighters union reach deal on pension changes
Pensacola News Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The City of Pensacola, Fla., and the union that represents 106 Pensacola firefighters reached a tentative agreement recently on a three-year contract that would close the firefighters' pension plan to new employees next year. The agreement will help slow the city's ballooning $116 million unfunded pension liability, officials said. More

Mexico airport shooting: Mexico City violence shows ongoing
security problems

The Associated Press via The Huffington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
From cash in chili pepper cans to cocaine in cardboard boxes, Mexico City's international airport has long been considered the capital's main transport hub for drugs and other contraband that seem to move as smoothly as any cargo and usually with no fuss for passengers. More

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Raleigh, N.C., neighborhood's request for security gate stirs debate
The News & Observer    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Frustrated by burglars, trespassers and even a squatter taking up residence in their neighborhood, a group of homeowners in a prestigious Raleigh, N.C., subdivision came to the city recently with an unusual request. They asked for permission to install a security gate at the entrance to their cul-de-sac in Rosemont, a community of luxury homes nestled on the interior of the Wakefield Plantation golf course. More

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PRIMA Risk Watch
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