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US municipalities face $2 trillion in unfunded pension costs Reuters Share    
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
Nevada's health insurance exchange moving forward following Supreme Court ruling KRXI-TV Share
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
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
Fireworks, fires and liability Utah Policy Share
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
City and firefighters union reach deal on pension changes Pensacola News Journal Share
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
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
Raleigh, N.C., neighborhood's request for security gate stirs debate The News & Observer Share
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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