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Tag: public pensions

August 19, 2021 Jane the Actuary Retirement

Forbes post, “The Massachusetts ‘Essential Worker’ Pension Boost Proposal Is A Case Study In Public Pension Failures”

Rewarding essential workers?  Sure.  Borrowing unknown sums of money to do so?  Not so great.

August 2, 2021 Jane the Actuary Retirement

Forbes post, “Do Teachers And Public Workers Without Social Security Lose Out? A New Analysis Says, ‘Sometimes’”

Yes, ironically, despite the underfunding of teachers’ pension plans, many individual teachers lose out compared to Social Security.

February 20, 2021 Jane the Actuary Retirement

Forbes post, “Public Pension Roundup: Reform And Regression”

Florida, Kentucky, Illinois, Massachusetts, and New York: some are improving their pensions, some are worsening their finances.

June 12, 2020 Jane the Actuary Retirement

Forbes post, “Yes, Minneapolis Owes Derek Chauvin A Pension”

Should Chauvin’s pension be forfeited?  No.  But restitution remains an option.

May 28, 2020 Jane the Actuary Retirement

Forbes post, “April 15, 1981: A Snapshot In Retirement Policy History”

Even on a wholly-arbitrary day 39 years ago, retirement policy issues aren’t that much different than now.

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.

April 2, 2020 Jane the Actuary Retirement

Forbes post, “Pensions In A Pandemic: Is One Man’s Bailout Is Another Man’s Pension Funding Relief?”

Public pensions, mult-employer, single-employer, church plans:  where do you draw the line between reasonable relief and bailout, and if there are pension bailouts to be had, who should get them?

February 26, 2020 Jane the Actuary Retirement

Forbes post, “It’s Time To End Social Security Opt-Outs For Everyone”

It’s time to move state and local public employees into Social Security.

October 14, 2019 Jane the Actuary Retirement

Forbes post, “GM, Pension Funds, And The Temptations Of Big Pots Of Money”

A New York State politician uses his power as GM shareholder, via a public pension fund he controls, to try to prod the company to make concessions to the union. You good with that?

September 24, 2019 Jane the Actuary Retirement

Forbes post, “Watch Out – Is Your State Drowning In Debt?”

Why are some states so much more indebted than others?

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