Tag Archives: retirement

Chancellor Shirvani Blasts Minot State, UND And NDSU President In Evaluations

Chancellor Shirvani Blasts Minot State, UND And NDSU President In Evaluations

Chancellor Hamid Shirvani may be on his way out the door, but per his contract buy out agreement he’s still in-office until the middle of July, and he had some choice words for some of the university system’s presidents on the way out the door. Specifically, he’s requested full evaluations for the leadership of Minot

Hamid Shirvani Isn't The Only Higher Ed Administrator With A "Golden Parachute" Contract

There’s been much griping of late about the nearly million-dollar “golden parachute” buy out embattled Chancellor Hamid Shirvani received earlier this week. “I’m writing with what some consider the eighth deadly sin, anger, at the North Dakota Higher Board of Education who hired Shirvani and agreed to pay him more than $1 million for a

Despite Getting Fired Chancellor Shirvani Will Get Two More Pay Raises

According to Chancellor Hamid Shirvani’s separation agreement, he’ll be on administrative leave starting July 14th of 2013 and, starting January 2nd of 2014, he’ll cease being an officer in the North Dakota University System. But Chancellor Shirvani will continue to get paid until June 30th of 2015, and will even get two pay raises during

Dorso Column: Give Legislature Credit For Pro-Life Bills And Other Achievements

I haven’t reviewed all of the legislation that was passed this session but I think there are some remarkable achievements legislators should get credit for. The following list is not necessarily indicative of the importance of each issue but I think they are significant. First I believe putting the abortion issue in front of the

Online Sales Tax May End Up Being A Tax On Your Retirement Savings

There’s nothing fair about the Marketplace Fairness Act, which both of North Dakota’s Senators voted for. In addition to lumping more red tape and tax burden onto online shopping – which means higher prices for everyone who shops online – its an expansion of taxation to companies that use none of the services the taxes

Thanks To Out Of Control Pensions, Local Governments Spending More To Do Less

The right-left divide on government is between the liberal preference for high-tax, high-service government and the conservative preference for low-tax, low-service government. But thanks to out of control defined-benefit pensions, what Americans are increasingly getting is high-tax, low service government. The worst of both worlds: Local governments are spending less on public services because public

Legislature Set To Give New State Workers Option For Defined Contribution Plans

Public pensions, nationally, are a mess and while North Dakota has escaped most of the nation’s economic problems over the last several years, pension headaches aren’t something we’ve been able to afford. Late last year the North Dakota Auditor’s office published some ugly pension numbers for the state’s Public Employees Retirement System. According to the audit, NDPERS

Senate Approves $104 Million Raise For State Employees

The Senate has approved their version of a pay package for state employees, giving them 7% in raises in the coming biennium – 4% in 2013 and 3% in 2014 – totaling $104 million: Bismarck, ND – North Dakota Senators have adopted a negotiation between House and Senate leaders regarding state employee pay and retirement

President Obama's War On Saving

“I do think at some point you’ve made enough money,” President Obama said in 2010. Here’s that attitude about wealth at play, with President Obama’s budget calling for a cap on savings in IRS and 401k plans: Obama’s budget seeks to prohibit investors from accumulating over $3 million in tax-preferred retirement accounts. “Individual retirement accounts

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