Retirement
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.
McNolia’s in Five Points South Closes After 32 Years
Owner Earl Capellen explains why now is the time to walk away from the Birmingham Southside landmark in operation since 1984.
Reward or Waste? Contracts Bring Controversy In Vestavia Hills Schools
If you could keep your six-figure salary but work only "as needed," mainly from home, advising the person doing your old job, would you take that deal? After 14 years as Vestavia Hills schools superintendent, that's exactly what Dr. Jamie Blair is doing now. And that's raised some questions in this highly regarded school district. Some support the school board's decision, but others say it's just wrong. WBHM's education reporter Dan Carsen has much more.
Second Careers
Retirement isn't what it used to be. The U.S. Census Bureau estimates that by the year 2020 people age 55 and older will make up nearly a quarter of the workforce. Reporter Stacey Torch examines the reasons behind this trend as she talks with one Alabama couple who traded in retirement for an organic herb farm.
