There are a few big issues feeding into public pension underfundedness. Obviously, many plans aren’t contributing the amounts their own actuaries calculate they are supposed to. There are issues with what’s going on with the benefits.
But for now, let’s focus on the asset side.
This is going to be long on...
It’s Friday, so it’s a perfect time to let you know about my new project.
I’m working on a new musical, called Pension, and I’ve got a great showstopper in mind:
The fund will be paid
Bet your new tax dollars that
There’ll be pensions
Just thinkin’ about tomorrow
I’m tired. It’s been a long week for me. So I’m gonna quote some tweets.
First, thanks to my referrers:
And thanks to everybody who has bought from Amazon through my ‘store’ – I got $28 this year so far and I bought
First off, thanks to my linkers!
Please keep linking to me! I love it!
CHICAGO: TAX ALL THE THINGS
Sometimes you want to kick that can, and the issue is that, at this point, the can has gotten so big and heavy,...
(it’s a new word)
I’m getting together some more posts on Chicago, Illinois, and California pensions, but there are so many sources to get together on those, let me do something quick and dirty.
[note: I am not claiming Ohio is either quick or dirty. I haven’t been there in years. I...
Something fun for Friday! (was supposed to be last Friday, but I had a happier post that pre-empted this one.)
FOR SALE: ONE REFRIGERATOR…HIDDEN BONUS INSIDE
Not all pension fraud tales will be of faked disabilities and spiking those final salaries or pension...
We’ve had a bit much of Illinois and Chicago lately. There’s plenty more pension shenanigans than that!
DETROIT: PENSIONS MAY COST MORE
Who’d‘ve thunk it?
Detroit picks firm to help fix $195M pension shortfall
Detroit is closer to figuring out how to address a hole in pension funding...
Let’s do a bloggy round-up! (Trying quick stuff… but not with storify now)
MISH ON MORE FAILING PREDICTIONS
Mish likes to predict, but this is about Nate Silver’s failed predictions, not Mish’s:\
Please stop the self-congratulations. Nate, please tell us how the hell you put Indiana in...