by meep
This piece was brought to my attention:
Not All Cities Have A Pension Problem
The Top 21% of Cities With High Pension Funding Levels Deserve Attention and Usually Praise
With so much well-deserved negative attention focused on cities with huge unfunded pension overhangs, it’s probably a good time to draw attention...
by meep
Yes, my blogging has been lighter of late (lots of real life stuff for me to do, including grading actuarial exams), but there has been a lot of pension-related activity, and especially public pensions. I may not blog it here, but I sure do update my watch threads at by meep
I knew you’d get there eventually, y’all! I saw it both in the WSJ and Pensions&Investment news, and the WSJ piece is somewhat reasonable…. but the P&I bit is something else. WALL STREET JOURNAL COVERAGE: JUST THE FACTS, MA’AM I first saw it on... by meep
Ugh. What a year. I’m beat. It also doesn’t help that I just slogged through the end of War and Peace (because I had to get it done by 6am this morning when the audiobook was going poof). One of the things that was a positive for 2018 is that... by meep
No, I hadn’t been posting about the 80 percent funding hall of shame lately, but I have been updating my records. Let’s see what I have through the first half of 2018! THE STATS Before I give you the new (and repeat) entrants, let’s check the numbers! It’s been... by meep
by meep
I thank my readers who emailed me these stories – (note: email me at marypat.campbell@gmail.com)
– my normal news searches would have missed the crucial items.Others Notice That A Long Bull Market Hasn't Improved Public Pension Fundedness
Bye Bye 2018 - And the 80 Percent Funding Myth Persists
At the Half: Updating the 80 Percent Funding Hall of Shame
Mornings with Meep: On Seeking Truth and Not Lying
Two Awful Tastes That Go Great Together: Pension Obligation Bonds and 80% Funding Myth
Okay, maybe not, but there is some awfully suspicious...
by meep
And that’s the “aspirational” take.
Here’s the short version of the story. Back in December, the governor of Connecticut called forth a Commission to check out exactly how screwed Connecticut is in its finances.
March 1, they issued a draft report.
Conclusion: CT is very, very screwed.
by meep
And I’ve got some new heroes, too!
HOORAY FOR THE HEROES!
I’ve got one new one, and one old.
The new hero: William Petroski, Des Moines Register
Iowa lawmakers grill IPERS officials about public pension funding:
IPERS is currently 81.4 percent funded, which some Democratic elected officlals and...
by meep
This is not my quarterly 80% fundedness update. This is driven by an incredibly stupid thing said by a politician (of whom I have little expectation) and by someone who really should know better.
And it was in multiple news stories.
KANSAS, I DON’T THINK WE’RE SAFE
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