Proposal: city workers surrender pensions, get cash buyout

By Claudia Vargas – City Controller Alan Butkovitz thinks he has a solution for Philadelphia’s staggeringly underfunded pension fund: buyouts. Butkovitz is proposing that the city offer up-front cash payments to retirees, who, if they took the option, would surrender…

Proposal: city workers surrender pensions, get cash buyout – City Controller Alan Butkovitz thinks he has a solution for Philadelphia’s staggeringly underfunded pension fund: buyouts. Butkovitz is proposing that the city offer up-front cash payments to retirees, who, if they…

Page 91 of 275First...102030...8990919293...100110120...Last