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...
by meep
I look at other people's pension and public finance predictions, and a couple comments on things coming for 2020.by meep
Various public employees (and other employees) are protesting in France over changes to the pension system, so let us see what the facts are, and the heart of the dispute.
Here is some general news coverage of the protests:
by meep
For my public pensions readers, I have updated my cashflow projection tool based on data from the Public Plan Database. The update was part of something I did for a webcast I did recently: ACTEX eLearning Webinar: Automating with VBA in Excel. If you want...
by meep
Elizabeth Warren has a plan for reining in private equity companies... and a lot of their money comes from institutional investors like public pensions.by meep
I have primarily focused on public pensions, but I also keep an eye on other types of pensions. I am very pro-reliable retirement income, and my interest got started in the difference between the valuation treatment of annuities (in which I used to work) and pensions of any sort.
That...
by meep
[Just to clarify: the proposal is to put a bunch of plans in two piles. I just didn’t want to change the blog post title.]
The governor of Illinois has released a report:
Report to Governor JB Pritzker
Illinois Pension Consolidation Feasibility Task Force
October 10, 2019
Executive Summary
Of the financial challenges facing the...
by meep
I saw that the Public Plans Database folks had a new paper out:
The update’s key findings are:
The funded ratio of state and local pensions edged up to 73 percent in FY 2018, but has been largely flat for several years and is well below its peak in 2001.
Liability growth...
by meep
I’ve not been blogging about Chicago/Illinois pensions much this summer… mainly because I’ve been very busy and been having pain issues. (I’m trying a new treatment next Thursday…here’s hoping it works!)
But it seems like a good time to do a summer wrap-up over what’s been going on. Especially since...
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