16 06, 2015

Young Workers On Hook For Public Pension Debt

2015-06-16T00:28:03-07:00June 16th, 2015|Categories: Pension Funding|Tags: , |

Unfunded liabilities for public pension plans have been growing quickly over the years. Today, a number of states have public pension debts of hundreds of billions of dollars and they are not pulling in enough money to pay those debts in the time frames promised. A recently conducted study found that the state and local government pension plan debts total roughly $4.7 trillion. […]

2 06, 2014

The Wall Street Pension Scam

2014-06-02T20:25:02-07:00June 2nd, 2014|Categories: Pension Reform|Tags: , |

In recent years there has been a regular drum beat of news stories warning us about the enormous unfunded liabilities of state and local pension funds. Much of this has come from reports issued from well-endowed foundations, most notably the Pew and Arnold foundations who have a joint project on public pensions. Ostensibly these foundations are simply providing information to allow the public to address a major policy problem. However, it is difficult not to ask whether these foundations [...]

11 02, 2014

Senate to hear union-backed bill on pension reform

2014-02-11T23:23:32-08:00February 11th, 2014|Categories: Pension Reform|Tags: , |

Backers of a pension reform bill that would provide new teachers, firefighters, police officers and state employees with greater benefits down the road will make their case to a Senate committee tomorrow at 9 a.m. The New Hampshire Retirement Security Coalition, made up of 12 unions statewide, is presenting the bill as “real pension reform” that will give employees better benefits, which will in turn attract quality candidates, without significantly adding to the estimated $4.6 billion unfunded liability in [...]

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