Tag Archives: pensions

Fiscal Year 2015 Omnibus Appropriations Bill aka United States spending bill for 2015

December 11, 2014 A little history: “All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.” Article I, Section 7, Clause 1 Origination Clause in … Continue reading

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Retirement plans fall into two basic categories: defined benefit plans (DB) or defined contribution plans (DC).

A defined benefit plan, also known as the traditional pension, was once offered by many employers but is increasingly rare today in the private sector. It pays a retiree a specific benefit based on years of service and salary level … Continue reading

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Website reveals those who are blaming public employees for budget crisis

That’s not fair. We’re doing this in all states; not just California. Besides do I really look like that?

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