public pension funding crisis Archives - Jane the Actuary

May 10, 2020 Jane the Actuary Uncategorized

Forbes post, “Pension Debt, Fiscal Mismanagement, And Why State/Local Bailout Requests Are So Maddening”

Yes, a bailout is probably unavoidable, but it’ll be a bitter pill to swallow.

January 6, 2020 Jane the Actuary Retirement

Forbes post, “The Public Pension Funding Crisis And The First Law Of Holes”

Have politicians in states with severely-underfunded public pension stopped digging? I say no.

January 4, 2020 Jane the Actuary Retirement

Forbes post, “Public Pension Funding Crisis: Why Should Today’s Workers And Retirees Pay The Price?”

How do we persuade others that pension funding matters, when our parents and grandparents were just fine with pay-as-you-go?

November 26, 2019 Jane the Actuary Uncategorized

Forbes post, “Why Should You Care About The Illinois/New Jersey/Connecticut Pension Crisis? A Thanksgiving Dinner Discussion-Starter”

Why, indeed, should people care about pensions in these states?

August 7, 2019 Jane the Actuary Retirement

Forbes post, “A Modest Proposal To Solve Illinois’ Pension Woes”

So, who’s up for a nice bout of hyperinflation to cure Illinois’ pension woes?

July 2, 2019 Jane the Actuary Retirement

Forbes post, “Whew – Illinois Is (Probably) Not Going To Bail Out Chicago’s Pensions”

Is it good news or bad news that Pritzker has rejected a Chicago pension bailout?

June 7, 2019 Jane the Actuary Retirement

Forbes post, ” More Cautionary Tales From Illinois: Tier II Pensions (And Why Actuaries Matter)”

What to do with Illinois pensions? Don’t make the problem worse with bad math!

June 4, 2019 Jane the Actuary Retirement

Forbes post, “Hidden In the Legislate-A-Thon, Illinois Restores Pension Spiking”

A small drama over pension spiking demonstrates how intractable the pension underfunding issue is in Illinois.

February 26, 2019 Jane the Actuary Retirement

Forbes post, “Three Steps To Fixing Illinois’ Pension Crisis”

Steps one, two, and three — agree or disagree?