June 14, 2012
Fareed Zakaria Is Really Mad About Public Pensions!
Zakaria seems to have convinced himself that public pension obligations are going to turn state and local governments into future Greeces, but that is not what the numbers show.
June 7, 2012
On Public Pensions, NYT Continues to Rely Exclusively on Those Who Were Wrong
In the 90s, and in the years of the last decade before the housing crash, most economists and pension managers who made projections of stock market returns were making absurdly optimistic assumptions.
June 5, 2012
Pension Reform: Some Myth-Busters To Follow The Stalemate
Last week, a State Senate bill that initially sought to replace New Hampshire’s defined benefit (DB for short — think pension) plan with a defined contribution plan (DC for short — think 401(k)) dissolved into a stalemate.
June 4, 2012
Budget and Pension Experts Highlight $400 Million Costs and State Credit Risks Associated with Pension-Slashing Legislation
Today (June 4, 2012) Gary Olson, former Senate Fiscal Agency Director and current Senior Policy Fellow at Public Sector Consultants, along with the Coalition for Secure Retirement (CSR), highlighted the massive potential costs and credit risks associated with the Senate …
May 25, 2012
When it came to pensions, state officials looked out for No. 1
A year after Emil Jones Jr. retired from the Illinois Senate in 2008, his annual pension jumped by more than 50 percent to $122,334 — far more than he ever earned as Senate president.
May 22, 2012
Josh Mandel Attacked Over $65 Billion Pension Flub
Ohio Democrats are pouncing on state Treasurer Josh Mandel (R) for apparently forgetting $65 billion in state pension funds under his supervision, calling it an example of his management of his office while running for U.S. Senate.
