by meep
A week ago, the National Public Pension Coalition posted Why Truth in Accounting’s Recent Claims about Pensions are Inaccurate. Back in October 2020, the group posted a similar piece: Texas Stands Up to Truth in Accounting.
There are some major points the NPPC (National Public Pension Coalition)...
by meep
Quick capsule: PSERS (Pennsylvania School Employees Retirement System) is in a pickle because someone mis-calculated their 9-year average return.
They originally said it was 6.38%, but now it’s been found to be 6.34%.
The issue is that there’s a target of 6.36%, and if the fund makes more than...
by meep
Back in 2017, I made a ranking table of alternative asset holdings by public pension funds.
There have been 4 more years, so let’s update the data.
Frankly, if your pension fund makes the pages of the New York Times, it’s not...
by meep
I haven’t forgotten the MoneyPalooza Monstrosity — while I have addressed the multiemployer pension bailout portion, I have yet to address the much bigger portion, funds going directly to state and local governments.
Issues I want to address:by meep
Let me step away from the mortality analysis and consider something entertaining: the current GameStop (and Nokia, Blockbuster(?!), silver, and…) mania.
I am not going to explain this myself — plenty of others have explained what is going on. Indeed, I’ve been gathering stories on...
by meep
This will be an all-public pensions post (and yeah, there is Illinois content. You have been warned.)
With the White House, House of Reps, and Senate on the Dem side, we will likely get a return of the Money-Palooza Monstrosity, but I imagine there may be changes...
by meep
Precis of all the following: the sole fiduciary of the New York state pension funds says that in twenty years the funds would be net-zero carbon emissions.
Huzzahs all around, but no mainstream press recognition that the pensions of hundreds of thousands of people would be affected… because a...
by meep
Howdy, new readers! I noticed I’ve picked up some new subscribers after recent COVID mortality posts. Just an FYI: I also post a lot about public pensions and finance.
Today I’m mainly doing a news link dump with minimal commentary. I build these up over time for...
by meep
Howdy all — this is a news round-up among my favorite topics. Once upon a time, I kept these links/roundups on the Actuarial Outpost, but the new version of the AO is not to my taste, and my favorite actuarial online community, GoActuary, is not really set up...
by meep
The Actuarial Outpost, as it was, is finally dead. For actuarial chatter, join us at Go Actuary. I’m meep there.
For those who used to keep up with my “watch” threads on the AO, I will be sharing the links on my blogs for now. I’m looking for a content...
meepbobeep
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