Since the Great Recession in 2008, warnings of an impending pension crisis have been splashed across the business pages of newspapers across the country. Despite these boisterous decrees, America’s public pension funds are stable. We explore the roots behind the …
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Next month Maine will vote on a state question that would amend the state constitution to improve public pension funding. State Question 4 would increase the amortization period for the pension plan to recover investment losses from 10 years to …
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In many states, the amount given away in subsidies and tax breaks to big corporations exceeds the amount needed to fund public pensions each year. That is the conclusion of a new report from Good Jobs First, a nonpartisan economic …
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Washington, DC – Public pensions are one of the hottest topics in statehouses across the country. Good Jobs First, a non-profit, non-partisan research center focusing on economic development accountability recently released a report entitled, “Putting State Pension Costs in Context.” …
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The overwhelming majority of public school teachers in the United States participate in traditional defined benefit pension plans. This year, however, Michigan and Pennsylvania both made significant and harmful changes to their pension plans for teachers and other public school …
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Kentucky gives away millions of dollars in corporate subsidies and tax loopholes, an amount that far exceeds the annual cost of funding public pensions. That is the conclusion of a new report released yesterday by Good Jobs First, a national …
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