by meep
The core idea for a public pension reform proposal can be seen here:
Embracing Shared Risk and Chapter 9 to Create Sustainable Public Pensions
I was one of the four authors on this piece, and here is an excerpt:
Unsustainable and Unaffordable Public Pensions Cannot be Solved by Raising Taxes or the...
by meep
In this weekly video, I look at two new pieces on public pensions that came out this weekend: one focusing on Oregon and one on Illinois. then I tie it to Nicholas Nassim Taleb's new book Skin in the Game.by meep
Today is mostly about Kentucky, as Bevin signed the pension bill that has teachers riled up (they’re going to be protesting today), has spurred a promised lawsuit, and there are a few leftover bills that were vetoed… and I’m not sure if the legislature has time (or willingness) to overturn...
by meep
With all the Kentucky brou-ha-has, Illinois has gotten short shrift (by me… not necessarily in Illinois itself – and definitely not at Wirepoints).
The main reason I’ve not been writing about Illinois as frequently this year: they haven’t been dealing with their pension issues… and they can’t deal with their...
by meep
I’ve decided to switch up my approach this time. I generally put in a bunch of news items and then do short comments, and then wrap up with my high-level commentary.
This time I’m starting with my high-level commentary, and then if you want to glory in all the supporting...
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My weekly video wrap-up on the past week -- and I explain the connection between my interest in Yuri Dmitriev, my recent reading of Jordan Peterson, and the 80% pension funding myth. Yes ,really.by meep
Want some actuarysplaining from Jane the Actuary?
Of course you do:
Why Public Pension Pre-Funding Matters (An Explainer)
Years ago, as an actuarial student, preparing for actuarial exams, I learned the ins and outs of pension plan funding methods and funding requirements, and I have a vague memory of reading about public...
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As I’ve remarked on many times before, there’s a divestment theme for public pensions in recent years.
The latest fad that popped up again is against guns. So, let’s check out this handy-dandy study of which states are most dependent on firearms manufacturers/retailers:
Idaho...
by meep
Where to begin?
How about we start with this:
What stinks most is the way pension bill was passed
To say that the Kentucky General Assembly’s passage of Senate Bill 151 late Thursday night was offensive to Kentuckians is an understatement.
The bill will erode our ability to recruit dedicated teachers to our...
by meep
This is on Thursday, as I don’t want to post tomorrow, Good Friday.
This one is going to be a little different in terms of themes — this is more about things I’m looking at/thinking about in general… and stepping back from looking at the messes in New Jersey, Kentucky, Illinois,...
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