by meep
Sigh.
Well, if you’re going to go for the gold, you may as well throw in all the clever tricks.
I will grab from Wirepoints about the main “clever” ideas.
The administration will pursue three of the worst ideas available:
• First, the state will borrow to pay off pension debt by...
by meep
Don’t worry, I’ll be getting back to the corruption inherent in the system soon enough (I have at least one more topic — the unpaid vendors of Illinois — to cover there).
But there’s a Chicago mayoral race on… Crain’s Chicago Business asked all the candidates the same set of...
by meep
I will be back to beating up on Illinois and Chicago any minute (maybe let them get warmed up again). I want to pull out an item from Taxing Tuesday, and a few other things courtesy John Bury.
Before I have my say, just a reminder that if you...
by meep
It was brought to my attention that there was a record level 13th check given out to San Diego City (as opposed to county) retirees.
‘13th check’ bonus for retired city employees hits record again
More than $6.7 million went to retired San Diego city employees at the end of November...
by meep
I will get to the pensions-specific aspect in a moment.
Here is the basic news of the LA Teachers Strike:
Head of Striking Los Angeles Teachers’ Union Aims to Resume Talks ‘Soon’
The head of the Los Angeles teachers union said he hoped to resume talks “very soon” as a strike...
by meep
Just an FYI — for the holidays, I’m going through my posts-in-draft and see what I can easily finish up.
Thanks to a reader who provided me a link to this presentation on DROP benefits.
Because it’s funny… if you like your humor very dark.
(and I do).
by meep
So. Stuff happened to me last week. I tried something video-wise, but not really happy with the result. Stu has been valiantly trying to put my Macbook back in running order, but I think it may be truly dead this time (pretty sure I got it... by meep
I will be getting back to posting pieces of the paper I co-wrote on transitioning current public pensions over to risk-sharing plans. But I want to respond directly to some of the usual arguments being given against changing the status quo on public pensions. I’m using a NASRA presentation by... by meep
As noted in my prior post, I am walking through aspects of the paper co-written with W. Gordon Hamlin, Jr. As I am not a lawyer, I’m not going to talk much about the legal aspects, though that is the key new idea in the paper itself. Section 3 of... by meep
Things Fall Apart: Pension-o-sphere update - Kentucky, MEPs, and more
Arguing against the Public Pensions "Truths" and "Myths"
Causes of Public Plan Insolvency: On Public Pension Valuation
A Proposal: Restructuring Current Public Pensions Through Municipal Bankruptcy
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