Candidates in upcoming local elections encourage everyone to vote and listen to constituents’ concerns.
pensions
Posted inNews
Retirement quandary
If signed into law, new employees hired from Nov. 1, 2015 within the Oklahoma Public Employee Retirement System (OPERS) will use the contribution plan, basically a 401(k). Employees working before this date will continue on the existing definedbenefit pension. Teachers, firefighters, law enforcement officers and judges aren’t included in House Bill 2630, authored by Rep. […]
Posted inNews
A more perfect union
These 401(k) plans were never meant to be retirement plans. They were a loophole tax shelter for upper management. In 1978, the tax code was changed by big business lobbying to allow the common worker to participate. Nebraska tried 401(k) plans alongside regular pensions for several decades to see the viability of 401(k) plans. Nebraska […]