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Your editorial “Puerto Rico’s Pension Bailout” (April 13) appropriately outlines the dire financial situation in Puerto Rico; however, it comes to the wrong conclusion about what should be done. There is plenty of blame to go around—from failed political leadership…
Forbes called it “fiscal snake oil.” The New York Times editorial board: “ruinous.” Just a few weeks ago, late night talk show host Seth Meyers weighed in, “Even when you buy couch cleaner, they tell you to try it on…
For 26 years, residents in Los Angeles who dialed 911 to report an emergency might have found Jeanetta Adams on the other end of the line. Jeanetta began her career with the city of Los Angeles as a clerk-typist in…
Retirement security is not something to gamble with. It is an issue that affects all Americans. Everyone must be able to retire with dignity and that should be protected and expanded, not reduced or eliminated. The Review-Journal’s March 30 editorial,…
To the Editor: Re “The Last Pension Domino” (Business Day, March 4): It is deeply troubling that the Tennessee Valley Authority’s chief executive, William D. Johnson, is declaring war on his employees’ retirement savings while he takes home the highest…
“What we learned in The Big Short is that shady financial schemes and little to no oversight led to economic ruin. After years of reckless behavior by bankers and brokers — as Ryan Gosling’s character says — “only one single…
Last week in California, Chuck Reed and Carl DeMaio announced that they would no longer move forward with a measure to gut retirement security for hundreds of thousands of hard-working California firefighters, nurses, and social workers. Their stated reason for…
The undeniable box office success of “Star Wars: The Force Awakens” goes beyond the $529 million it grossed during opening weekend: Economists say it was probably responsible for many of the 15,000 jobs added in the movie industry in December.…
For years firefighters, nurses, teachers, social workers, roads crews and others across the country have paid a percentage of their salary toward their retirement security. Notably, in Illinois and New Jersey irresponsible politicians did not do the same. Instead, they…
America is facing a retirement crisis. If you live and work in this country, you already know that and feel it as you and your family wonder how you’re going to prepare for the future. But the cause of this…
This week, America is celebrating National Save for Retirement Week, established by Congress to raise public awareness about the importance of putting money aside for our golden years. For decades, traditional pensions, or defined benefit plans, have been the retirement…
Republican candidate Matt Bevin has made public-pension reform a centerpiece of his gubernatorial bid, promising to dismantle Kentucky’s pension systems in a misguided attempt to cure the state’s financial ills.