Pension Fund Return Projections are Based on Arithmetic, not Just History
The main question mark in pension fund returns is the return on stock, which typically accounts for 60-70 percent of pension fund assets.
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The main question mark in pension fund returns is the return on stock, which typically accounts for 60-70 percent of pension fund assets.
A relatively new economic think tank in Kentucky has released a report that pushes back on calls to cut the state’s pension benefits.
In his recent op-ed piece (“Maryland’s mismanaged pensions,” July 10), George Liebmann mischaracterizes numerous aspects of the Maryland State Retirement and Pension System that require correction.
There’s an oft repeated myth being fed by many that claims the defined benefit pension plans available to most public employees are going bankrupt.
A much-anticipated report on the Wisconsin Retirement System cautions that changing the highly rated fund could create greater costs for taxpayers while undermining benefits for hundreds of thousands of current and future retirees.
The National Public Pension Coalition, a coalition of organizations representing millions of teachers, nurses, police, firefighters, and other public sector employees, issued the following statement in response to a Wisconsin Study Commission report recommending no changes to the state’s public…
An annual interest rate of 8.4 percent should impress investors in any economy, let alone this one. Traditional savings accounts currently yield less than 1 percent, and IRAs and 401(k)s across the country have yet to recover from a whopping…
These accounting changes undermine the retirement security of teachers, cops, firefighters and other public workers by making unfunded liabilities appear much larger than they actually are.
Now that ballot initiatives targeting public employees’ pensions have passed in San Diego and San Jose, state legislators and politicians in other cities may be contemplating similar efforts. But new data released this month should give them pause.
When it comes to retirement benefits, public employee unions have one thing right: We should not eliminate traditional pension plans.
The message from voters about public pension plans is clear: They’re ready to cut the retirement benefits of police, firefighters, teachers and other state and municipal workers.
To the detriment of all public employees and all of our communities, ‘The Widening Gap Update’ uses data from fiscal year 2010 and will undoubtedly be used by organizations and individuals like the Koch Brothers and Arnold Foundation to advance…