by meep
Elizabeth Bauer wrote: The Bottom Line: Illinois’ Public Pension Debt Is A Moral Issue
I will pull out a small bit:
And it is no mere coincidence that a state with such a legacy of corruption is so severely in debt. Remember, Illinois is ranked second-worst according to Truth in Accounting,...
by meep
In my prior post on CT pensions, I mentioned CT was looking at a toll on a one-mile portion of a interstate highway.
Well, they’ve scrapped all the toll plans, for now. They’re talking about borrowing money for road improvements, which sure, those could be seen as capital...
by meep
It is not clear to me that any of these organizations have a plan.
In the Socialist Worker: New action dates called for French pension war
Dated February 10, 2020, we get the following:
A group of strikers at the incinerators and waste disposal centres in the Paris region and Marseille have...
by meep
I have chosen CT pensions to dig through because its in the worse position, compared to New York.
I pay a lot of taxes to both CT and NY, so I have direct interests in both states. I have issues with NY pensions, but it’s more a case of governance,...
by meep
In lieu of my normal post for Taxing Tuesday (back next week), I am covering the release of Truth in Accounting’s 4th annual State of the Cities.
Here is what they have to say in their press release:
CHICAGO — The 2020 Financial State of the Cities (FSOC)...
by meep
Back in July 2018, the Actuarial Standards Board had a draft revision of ASOP 4. I will quote a few of my old comments, in a moment.
A quick reminder: Actuarial Standard of Practice 4 is currently titled “Measuring Pension Obligations and Determining Pension Plan Costs or Contributions”,...
by meep
In my two previous posts on the French Pension Protests, I dealt with the state of play with respect to the pension changes themselves.
by meep
I’ve had this sucker in draft for days.
I decided to pull the trigger because of this:
Independent UK: Emmanuel Macron evacuated from theatre as protesters try to find him
Emmanuel Macron was evacuated from a Parisian theatre as dozens of demonstrators tried to get inside the building to find him.
Critics of...
by meep
I just checked, and my last 80% funding myth post was in June 2019, and that wasn’t really a “real” post of that category. Heck, I never had a “real” 80% funding myth post last year [And, I am actually building this post on one I started in 14...
by meep
They do have life expectancies lower than teachers, though.
In this piece, a retired correctional officer argues that Illinois safety officers should be allowed to retire at age 50.
Here is part of the argument:
Research has shown that the life expectancy of individuals working in these fields are lower than the...
meepbobeep
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