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Having earnestly settled with every major constituency, it is time for the Board to do the right thing by abandoning unnecessary pension cuts and freezes.
September 1O’Melveny & Myers LLP -
The governor is asking for a stay until the court decides on the Plan of Adjustment.
August 31 -
Federal benefits for Child Tax Credits will also be expanded.
August 30 -
The governor and the Oversight Board had yet to offer an opinion on the increase.
August 27 -
The board bars implementing a 2020 law and is threatening legal action if the local government does not cooperate.
August 26 -
Both board members and government officials reiterated their stances on cuts to public pensions — for and against — but neither party said agreements had been reached during the meeting.
August 24 -
Island employment was up overall from 2020 figures.
August 23 -
Funding would be offered, perhaps for pensions, in exchange for a debt restructuring.
August 20 -
The governor and the legislature are at odds on how to make the increases, which could affect more than half of the workforce.
August 19 -
The authority succeeded in selling unrated bonds to take out CCC-rated bonds.
August 18