Today is Groundhog Day. Everyone’s favorite groundhog- Punxsutawney Phil- will stick his head out of the ground and look for his shadow. Legend has it that if Phil sees his shadow, we’ll have six more weeks of winter. Many of …
It’s still early in 2017 and the fight to protect pensions is just beginning. John Arnold is on the attack against pensions in Nebraska, South Carolina, and Texas. Anti-pension legislators in Michigan are threatening to reintroduce legislation that would gut …
Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you need to know in the …
It’s well-known that public pension funds took a major hit during the financial crisis. We’ve written before about the steep drop in funding levels from 2008 – 2009 when the economy was crashing due to Wall Street greed and incompetence. …
Governor Sam Brownback of Kansas is at it again. If you’ve followed our blog over the last couple of years, as well as the news, you know that Kansas is in fiscal disarray. In 2011, when he first took office, …
It’s still early in 2017 and state legislative sessions haven’t even begun in every state yet. John Arnold, however, is already on the attack. Arnold, the anti-pension billionaire and former trader at the disgraced Enron, who has spent over $50 …