News Clips for March 6, 2018
The Real Reason the Investor Class Hates Pensions
It's not about a funding crisis - it's about turning retirement savers into passive investors.
The end of the road for America's public pensions crisis?
Two options remaining: implosion or reform.
How to Retire Without Running Out of Money
Three men have a plan to save America from retirement insecurity. It involves the internet, a subscription service and, well, annuities.
Unions prepare to lose in the courthouse and strike back in the statehouse
The U.S. Supreme Court has yet to weigh in on a high-profile case that could slash the power of public-employee unions. But California labor leaders are already planning to push for new state laws to blunt the impact of an unfavorable ruling.
Ga. lawmakers say teacher pensions need fixing, just not now
After agreeing over the past two sessions to pump nearly $600 million in extra payments into state teacher pensions, Georgia lawmakers have once again raised questions about the long-term prospects of the retirement system.
Kansas Lawmakers Look For More Revenue Sources
Kansas lawmakers return to the Statehouse on Wednesday still facing the largest challenge of this year's session: balancing the budget and responding to a court order to spend more on schools.
Substitute Kentucky Pension Bill to Be Introduced
Attorney General reveals letter citing 21 legal violations with bill hours before meeting.
New Jersey treasurer resets public pension rate of return
New Jersey's treasurer said on Thursday she will increase the expected rate of return for the state's struggling public pension system from 7 percent to 7.5 percent, then lower it again over time.
PERS: Lawmakers pass bill to boost public pension contributions
Oregon lawmakers passed a bill Saturday establishing two funds to help schools and other public employers defray their rising public pension costs, in part by incentivizing them to make extra, one-time contributions to pay down unfunded liabilities faster.
Monday strike deadline looms over Carleton University
Union, university at odds over pension benefits