Lately we are often asked about the impact on pension costs from a stock market decline. Our answer might surprise you. On December 31, 1999, the Dow Jones Industrial Average closed at 11,497. That ...
For those who have an employer pension, the decision on how to take income at retirement is important. Pensions usually offer a single-life, joint-life or a lump-sum payout. The decision is often ...
Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters. CalPERS, the giant California state pension fund, says it expects future investment returns ...
Teacher pension plans across the country are staggering from a half-trillion dollars in debt. Put in perspective, that's more than $10,000 worth of debt for every student in the nation's primary and ...
Editor’s note: The next president is in for a rough welcome to the Oval Office given the list of immediate crises and slow-burning policy challenges, both foreign and domestic. What should Washington ...
A union-backed activist group sent out a press release this month, gloating about the admission by some prominent California pension reformers that the pension-reform movement has “gone flat.” Perhaps ...
One of the major public pension funds' spin-meisters recently wrote a letter to The Wall Street Journal, seeking to counter the claims that taxpayers bear the brunt of costs of public pension funds.
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