News & Analysis as of

Pensions State Budgets

McGuireWoods Consulting

Gov. J.B. Pritzker Proposes Illinois 2026 Fiscal Year Budget

On Feb. 19, 2025, Gov. J.B. Pritzker gave his annual State of the State and budget address. He outlined priorities for the state of Illinois in fiscal year 2026 while highlighting the state’s fiscal successes under his...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (1/23)

Cozen O'Connor on

Reforming Tier 2 pensions could cost the state $30 billion, actuary says “A new Illinois pension reform bill would increase contributions to the state’s three largest retirement systems by a total of nearly $30 billion...more

Moore & Van Allen PLLC

MVA Monitor - October 2019 #2

Moore & Van Allen PLLC on

With three weeks to go until a self-imposed deadline for adjournment, it’s unclear whether the Senate will be able to get the votes necessary to override the Governor’s veto of the state budget. It may not matter much as a...more

Franczek P.C.

Illinois Has a Budget But Schools Are Not Yet Out of the Woods

Franczek P.C. on

The Illinois House voted last week to override Governor Rauner’s veto of the budget bill, income tax increase, and the budget implementation bill. The House vote came on the heels of the Illinois Senate’s override vote on...more

Littler

Littler Global Guide - Portugal - Q1 2017

Littler on

State Budget Law 42/2016 of December 28, 2017 - Enacted Legislation - Effective January 1, 2017, State Budget Law for 2017 introduced various modifications to the labor law landscape, which have had an immediate...more

Blake, Cassels & Graydon LLP

2016 Ontario Budget Provisions Affecting Registered Pension Plans and the ORPP

On February 25, 2016, the Ontario government tabled its 2016 budget (Budget), which included a number of provisions affecting registered pension plans and the Ontario Retirement Pension Plan (ORPP). On that same day, the...more

K&L Gates LLP

Court Strikes New Jersey Pension Funding Agreement

K&L Gates LLP on

The national spotlight on public pension plans shifted to the state of New Jersey last month. After decisions in Oregon and Illinois (see K&L Gates Client Alerts: Changing the Rules in the Middle of the Game and Illinois...more

Pierce Atwood LLP

New Maine Budget Would Make Numerous Tax Changes

Pierce Atwood LLP on

Hoping to avoid a potential government shutdown, this week the Legislature passed a biennial budget that once again makes significant tax changes, but stops well short of the major tax reform desired by many legislators. The...more

Stinson LLP

Minnesota Session Ends With Governor Threatening Veto

Stinson LLP on

The Minnesota legislature concluded its business last evening with Governor Mark Dayton threatening to veto a $17 billion public education funding bill – a threat he carried through with earlier today. The governor issued the...more

Blake, Cassels & Graydon LLP

2015 Ontario Budget Provisions Affecting Pensions and Other Retirement Savings Plans

On April 23, 2015, the Ontario government tabled its 2015 budget (Budget), which included a number of pensions and other retirement savings plans-related provisions. On that same day, the government introduced Bill 91,...more

Brownstein Hyatt Farber Schreck

Congress could use some "Colorado Courage"

Faced with unpleasant alternatives, Congress sometimes simply ignores problems. Its recent “solution” to the fiscal cliff is a case in point. Rather than face the problem, Congress has adopted temporary measures, postponed...more

McNees Wallace & Nurick LLC

PA Governor Proposes Corporate Tax Cuts & Fuel Tax Increases

Pennsylvania Governor Tom Corbett has proposed significant corporate tax cuts and fuel tax increases as part of his proposed 2013-14 budget, presented on February 5th. The General Fund budget would be increased by 2.4%, to...more

12 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide