Mercury News: California doubles down on pension promising
With relatively little national attention, California Gov. Jerry Brown last month signed into law the first state defined benefit pension scheme for private workers. The California Secure Choice...
View ArticleRNC Endorses Public Pension Standards
The Republican National Committee, at its Winter Meeting in Charlotte on Friday, adopted a resolution condemning the way states and city governments report their pension debt and called for Congress to...
View ArticleCase Studies in Defined Contribution Reform
With rising interest from state and local governments in switching pension systems from a defined benefit to a defined contribution basis, questions are surfacing about how to manage the upcoming...
View ArticleDanker in The Hill: Interest Rates too Low
When the Federal Reserve slashes interest rates, the presumption is that it will lift the economy. The lower cost of credit is supposed to result in more investment and expansion, possibly at the...
View ArticleRealClearPolicy: Chris Christie Still Has Something to Prove
Chris Christie has the reputation of an aggressive reformer, bolstered by a steady stream of YouTube clips of the New Jersey governor haranguing audiences around the state. His tough but pragmatic...
View ArticleSun Sentinel: For Real Pension Reform, Inequality Must Be Stressed
Just a few years ago, pension reform appeared inevitable. The drop in asset prices during the financial crisis had left public pension funds trillions of dollars behind on meeting future obligations....
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Arizona Elected Official Pension Reform Becomes Law
Politicians and Judges to Get 401(k)-type Plans Arizona Gov. Jan Brewer on Wednesday signed a comprehensive pension reform bill for elected officials and judges that will enroll new members in...
View ArticleDetroit News: Detroit Will Be First Big City to Axe Pensions
Detroit emergency manager Kevyn Orr met Thursday with labor groups to tell them what they already know: He won’t spare public employees in his mission to make the city solvent. Orr’s preliminary report...
View ArticleOp-Ed: Detroit will be first big city to axe pensions
Detroit emergency manager Kevyn Orr met Thursday with labor groups to tell them what they already know: He won’t spare public employees in his mission to make the city solvent. Orr’s preliminary...
View ArticleDetroit holds clues for fixes for other big cities
Detroit’s status as an iconic American city has been reduced to a pathetic 16-page official plea for help. Its financial management team rushed a bankruptcy filing through federal court minutes before...
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