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defined benefits | Paul Goyette Blog

EMPLOYEE ORGANIZATIONS NEED TO CREATE VALUE

EMPLOYEE ORGANIZATIONS NEED TO CREATE VALUE Anyone involved with their union or employee organization would be well advised to read the recent article by Holman W. Jenkins, Jr. in the Wall Street journal entitled “What Labor Could Learn Form NFL Refs”. Jenkins, Jr. accurately concludes that the reason the NFL ...Read More

Main Points of Governor Brown’s Pension Reform Plan

Main Points of Governor Brown’s Pension Reform Plan  1. Equal Sharing of Pension Costs: All Employees and Employers 2. “Hybrid” Risk-Sharing Pension Plan: New Employees 3. Increase Retirement Ages: New Employees 4. Require Three-Year Final Compensation to Stop Spiking: New Employees  5. Calculate Benefits Based on Regular, Recurring Pay to ...Read More