Archives: Pension Reform / Articles
Archives: Pension Reform / Articles (page 6)
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The Williams Report
A look at fiscal headlines from statehouses nationwide...
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Congress Considers a Pension Bailout
If the federal government truly wants to mend the pension funds of American miners, ending the Obama administration’s war on coal would be a good start.
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The Williams Report
A look at fiscal headlines from statehouses nationwide
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For Economic Opportunity, the Redder the Better
Many of America’s bluest states are deep in the red thanks to tried-and-failed progressive policies. The Illinois General Assembly can’t pass a long-term budget deal, leading to significant losses…
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Ocean State Pensions Taking On Water
The Rhode Island state pension fund lost more than $460 million over the past fiscal year -- the second negative annual return in as many years.
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The Williams Report
What Can We Learn from Record-Busting State Budget Standoffs?
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The Williams Report
A look at fiscal headlines from statehouses nationwide
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Growth in the Desert
By abandoning the tax-and-spend playbook and prioritizing sound budgeting, state officials and legislators continue to help Arizona separate itself from economically overburdened states like Illinois, Connecticut and Pennsylvania.
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Four Things Other New England States Are Doing Worse Than Maine
New England, on the whole, is an economically-depressed region.
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State of the State: California
If the governor wants to actually avoid having to raise taxes, he should propose ways to shrink the scope of government, instead of pursuing the spendthrift polices that have dried up California’s funds.
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Now Is the Time for Pension Reform
Public pension retirement plans have been ornaments in state and local governments for over a century, yet the once popular and reliable benefit has become a liability to state and local employees and taxpayers alike.
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Look Out For These Pension Gimmicks
State public pension plans are the future, and often current, greatest liabilities that state governments must tackle.
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Promises Made, Promises Broken 2014: Unfunded Liabilities Hit $4.7 Trillion
State Budget Solutions' latest research reveals that state public pension plans are underfunded by $4.7 trillion, up from $4.1 trillion in 2013.
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Pew’s Latest Pension Report Understates Unfunded Liabilities, But Still Shows Growing Problem
"The Fiscal Health of State Pension Funds: Funding Gap Continues to Grow," is the Pew Center on the States' latest annual update of state unfunded liabilities.
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The Shortfalls of Oklahoma’s Defined Benefit Public Pension Plans
Across the country, unfunded public pension liabilities are the single largest threat to the stability and solvency of state and municipal governments.
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In Face of Chicago Downgrade, State Legislature Looks to More Pension Borrowing
When Fitch Ratings downgraded the city of Chicago's bond ratings at the end of last week, it seemed like just another step on the road to financial disaster for the Windy City.
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Can Detroit Touch Pensions?
Municipal bankruptcy and public pension problems go hand in hand. Different cities have taken varying approaches to public pension.
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State Budget Solutions Responds to Connecticut Office of Policy and Management
On September 25, State Budget Solutions received an e-mail from the Connecticut Office of Policy and Management regarding steps taken to reduce the state's unfunded pension liability, as it was highlighted in "Promises Made, Promises Broken — The Betrayal of Pensioners and Taxpayers."
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Promises Made, Promises Broken – The Betrayal of Pensioners and Taxpayers
Comprehensive research into the funded status of state level defined benefit public pension plans reveals that public employee retirement promises are underfunded by $4.1 trillion. Combined, state public pension plans…
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Hey Chicago, Whattya Say? Chapter 9 On the Way?
When Detroit filed for Chapter 9 municipal bankruptcy, observers offered many reasons for the city’s dire fiscal condition. A very narrow discussion just about Detroit’s condition fails to tell the the truth that approximately 100 cities across America face profound fiscal challenges very similar in scope—even with more diverse economies and steadier population. In fact, Chicago is one of those cities.