Pension
Bill Would Cut Pensions For Future Birmingham Employees, Raise Employee Contributions
A bill proposed this session would require the city of Birmingham to fully fund its pension obligation and increase employee contributions to the pension fund by half a percent. But opponents of the bill say, if passed, it would disproportionately affect lower-earning city employees.
Woodfin Highlights “Moral Obligations” of Proposed 2020 Budget
Birmingham Mayor Randall Woodfin says his proposed FY 2020 operating budget represents a “fundamental shift” in how the city thinks about spending, with an increased focus on fulfilling his administration’s “moral obligations” — prioritizing city employees and neighborhood revitalization.
Birmingham Water Works Pension Loses Millions in Fraud Scheme
The Birmingham Water Works pension fund lost more than $4 million in what’s described as a “Ponzi-style” scheme. The scheme spans from New York financial types to an Indian tribe in South Dakota to the Cayman Islands.
Carsen & Ott: Weekly Interviews on Education in Alabama
Carsen & Ott Talk Explosions and Explosive Issues Several Alabama school communities are reeling after incidents last week shook things up. E.P.I.C. Elementary School in Birmingham had to be evacuated Friday after a propane tank exploded. No one was hurt, but down in Mobile County, a teacher was taken to the hospital after an incident with a student. Nice, tame topics like charter-school propaganda, same-sex prom dates, and Louis Farrakhan round out this week's interview, which ends on a positive note.
