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A Simple Fix To Solve Public Pension Funding Woes Think Again - Latest News


South Carolina's looming pension crisis

Many state pension plans now face funding challenges, largely because of investment losses related to the Great Recession. But South Carolina's pension woes are different ... the local level … the fix ... read more

The next great bailout: Social Security

Not only are Medicare's financial woes much larger ... problem even as its trust fund is getting bigger than ever, explain how the program really works, and -- immodest though it may seem -- propose a ... read more

Emanuel's pension plan: Relief on payments, casino to pay for it

Emanuel wants to kick can down road, use Chicago casino money to fix police, fire pensions. Mayor Rahm Emanuel is trying to solve his ... state budget woes. The outline of the mayor's police and fire ... read more

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Boulder County's public trustee office facing cash crisis

Boulder County's public trustee office — charged ... "but they're not too far behind." Simple fix gets complicated Martin and Weissmann say a simple $5 fee increase on releases would solve the budget ... read more


Bankruptcy could be the best thing for Hartford

The capital city said it needs $40 million in additional state funding to pay its bills ... make sure the art stayed accessible to the public. The money raised by the trust was transferred to pay the ... read more

POLITICO Magazine

but also a question most candidates never consider: Was it even possible to fix the state ... budget problem is simple: State lawmakers guaranteed Illinois teachers, school administrators, bureaucrats ... read more

Experts say pension-tax solution will work, but critics question the cost

“My solution is very simple, and it’s the best of a series of bad options, to be clear,” Curry said at a recent speech to the Downtown Business Professional Group. “There is no pretty way to fix ... ... read more

"Stealth and speed": Senate Republicans’ health care strategy is a massive political gamble

Which means there will be remarkably little public deliberation or debate ... in most of Congress’s last-minute government funding deals, bills to raise the debt ceiling, and even the permanent “doc ... read more

Illinois’ ongoing budget crisis—and how to end it

Moreover, the increase doesn’t solve Illinois’ budget woes ... increase won’t fix the state’s woefully underfunded pension system. Each year, according to the Civic Committee of the Commercial Club of ... read more

Bankrupt Cities? What About Distressed Cities?

This is part of an ongoing series called Finance 101 that goes back to the basics to help public ... now think that cities are the only level of government that works,” Miner boasts. “The irony in all ... read more

A million pension checks risk huge cuts without this fix

A million pension checks risk huge cuts without this fix About 120 pension plans, covering about 1.3 million people, are underfunded by $48.9 billion and could fail if a solution isn't found. Check ... read more

Restoring The Integrity And Safety Of Public Pension Funds

Merton finished by saying "Of course, the pension fund manager never heard from the salesman again" and the audience burst into ... English what went wrong in Rhode Island and how to fix it. For most ... read more



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