Cincinnati Mayor: Pension Deal Removes “Dark Cloud” From Over City

Cincinnati Mayor John Cranley took to the newspapers on Thursday to comment on the city’s recently passed pension reform measure. In a column in the Cincinnati Enquirer, Cranley talks about the effects of the reforms on the city’s pension funding and the compromises made on both sides. Cranley writes: The historic agreement reached Dec. 30 ...

Lawmakers Weigh In On Cincinnati Reform Deal

Cincinnati and its public worker unions last week approved a series of pension reforms that will see the city contribute millions more to the pension system annually. In exchange, workers and retirees will see cuts in their COLAs, and some workers will be held to a less generous benefit formula. The Cincinnati Enquirer asked for opinions on the reforms ...

The Impact of Cincinnati’s Pension Reform Deal

Cincinnati’s pension deal, struck last week, is widely considered to be a true compromise: no one is particularly happy with the outcome and every party made sacrifices as part of the bargain. But how exactly does the deal affect the benefits of retirees and current employees? A quick refresher on the main points of the deal, from Cincinatti.com: * ...
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