Archive for April, 2016

April 27, 2016

Why Do Pension Boards Matter?

We’ve written before about where public pensions get their money: the employer and the employee both contribute to the pension fund, that money gets invested, and the investment returns provide the majority of money used to pay retirement benefits to …

Read more

April 21, 2016

Michigan Lobby Day 2016

This week a group of dedicated retirees in Michigan descended on Lansing to stand up for the retirement of their younger counterparts by lobbying their legislators to protect pensions. We often cite Michigan as an example of a state that …

Read more

April 19, 2016

What is a Discount Rate and Why Does It Matter?

Pensions often seem confusing because there are a number of technical details associated with them. While actuaries and economists may enjoy debating the finer points of these technical matters, most workers and retirees just want to know if their pension …

Read more

April 14, 2016

How Many Tax Dollars Go to Public Pensions?

With Tax Day right around the corner, we thought this would be an appropriate time to answer the question: how many tax dollars go to public pensions? As we’ve written before, public pensions receive funds from three sources: employer contributions, …

Read more