by meep
As noted, the Actuarial Outpost is being transitioned somehow, and I will likely have to make my own pension story repository….depending on what the owner of the AO website does.
In the meantime, I will share with you the pension and other related stories I have been reading.
by meep
As the Actuarial Outpost is seemingly down for the count, I thought you might be interested in the kind of news dump I skim when looking for stories on my favored blogging subjects.
I may or may not have comments on these. When I’m using the AO as my external...
by meep
Thanks to the kind folks at the Equable Institute for giving me more background data from their report.
As I mentioned in my prior post on the Equable study, I noticed a very strong relationship between the unfunded pension liability (often marked UAL = “unfunded actuarial liability”)...
by meep
Okay, summer is over. Time to get back into the pension posting grind.
As a reminder, Calpers long has had governance issues, some of it dipping into criminality in the past.
The most recent round involves issues surrounding the ex-CFO, which I covered...
by meep
Happy Labor Day!
Today I’m wrapping up my series on STUMP themes with the top category of posts here: pensions!
Series links:by meep
Recently, Equable put out a report on public pensions in the U.S. called State of Pensions 2020.
Most of the graphs and conclusions they draw are not unusual to me, especially one line that came out of their press release that many places covering the report glommed onto: by meep
It’s been a bit since I’ve done a visit to the pension-sphere, and a lot has been going on. Just this past week… well, you’ll see below. Usually, I don’t have this much hit at once. Let’s just deal with the public pensions issues today, shall we? by meep
Well, it sounds like Senate Republicans finally woke up last week and decided to meet the HEROES battle coming from the House. Senate GOP to unveil coronavirus relief plan next [this] week, McConnell says Senate Republicans will delay the release of their coronavirus relief plan until next [this]...Public Pension Watch: California and Illinois Executive Resignations, Spiking v. California Rule, and more!
Calpers CIO out after...
States and Cities under Fiscal Pressure: Bailouts, State Bankruptcy, and the Next COVID Bill
by meep
As I mentioned last week, for the next few Fridays I’m rerunning my “Public Pensions Primer” posts that I originally wrote, starting in 2015.
This post is a reworking of Public Pensions Primer: The Choice of Discount Rate and Return Volatility from July 31, 2015. In some places, I...
by meep
Five years ago, I had run a series of posts on basic concepts that are key in valuing public pension promises.
I want to re-run a few of these over the next few Fridays, with data updates where applicable, and some editing.
meepbobeep
Additional: As an Amazon Associate I earn from qualifying purchases. If I remember to link them.