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News Archives
All the news that has appeared on PensionTsunami.com.
September 24, 2017
- TWO SPOTLIGHTS FOR SUNDAY:
- For Whom CalPERS's Funded Status Tolls: Some Pension Recipients' Benefits Are Safer Than Others (David Crane / Medium)
- 1 Million Ohio Public Employees Face Pension Cuts as Another Ponzi Teeters on the Brink (Tyler Durden / Zero Hedge)
September 23, 2017
September 22, 2017
- Why Unfunded Public Pension Plans Amount to Theft (op-ed - Dick Vortmann / San Diego Union-Tribune)
- Lodi City Manager Weighs in on 'Spiraling Pension Obligations' at CalPERS Board Meeting (Danielle Vaughn / News-Sentinel)
- Waiting for the Other Pension Shoe to Drop: Los Angeles County Is $25 Billion in OPEB Debt (Marc Joffe / CityWatch LA)
- EDITORIAL CARTOON: Waiting for the Other Shoe (Lisa Benson / CityWatch LA)
- LA’s Neglected Parks: Another Casualty of the City's Services Bankruptcy (Jack Humphreville / CityWatch LA)
- Illinois House Majority Leader to Receive 6-Figure Pension After First Year of Retirement (Austin Berg / Illinois Policy)
- Kentucky Lawmakers Hear From Public Employees on Pensions (Randy Patrick / Kentucky Standard)
- Rhode Island Lawmakers Approved a Bill to Award Disability Pensions to Firefighters Who Develop Heart Conditions (Associated Press)
- PENSION PULSE: Are Fully-Funded US Pensions Worth It? (blog - Leo Kolivakis)
- UNSUSTAINABLE: New York City Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (op-ed - Nicole Gelinas / New York Post)
- UNSUSTAINABLE: Chicago Has More Retired Cops Collecting Pensions Than Active Cops on the Streets (Nancy Mathieson / WirePoints Illinois)
- UNSUSTAINABLE: Many Cook County Pension Funds Have More Retirees Collecting Than Workers Paying In (press release - Cook County Treasurer's Office)
- @PensionTsunami is on Twitter
September 21, 2017
- Bay Area Conference Shines Light on California's Public Pensions (Ryan McCarthy / Daily Republic)
- CalPERS Pensioners: Your COLAs Are Safe, for Now (column - Adam Ashton / Sacramento Bee)
- California Should Raise Teacher Pay by Reducing Unfunded Retirement Liabilities (David Crane / Medium)
- Lake Forest, California Votes to Pay Off Unfunded Pension Liability Costs, Saving in Interest (Nathaniel Percy / Orange County Register)
- 1 Million Ohio Public Employees, Retirees May See Pension COLAs Cut (Laura A. Bischoff / Dayton Daily News)
- Kentucky Pension Crisis: Plan Calls for Louisville Workers to Exit Troubled State System (Phillip M. Bailey / Courier-Journal)
- Hazleton, Pennsylvania's Pension Plan Payment to Increase (Sam Galski / Standard-Speaker)
- PENSION PULSE: Boeing's Huge Pension Gaffe? (blog - Leo Kolivakis)
September 20, 2017
- Cities Urge CalPERS to Help Ease Their Staff Reductions and Pay Cuts (blog - Ed Mendel / Calpensions)
- CalPERS Committee Proposes a Reduction in Pension Benefits for Workers in Two Delinquent Districts (Michael Katz / Chief Investment Officer)
- Why Shouldn’t We All Get to Vote in CalPERS Election? (column - Foon Rhee / Sacramento Bee)
- NEW REPORT: Financial State of the States (Truth in Accounting)
- Truth About New Jersey's Fiscal State (blog - John Bury / Burypensions)
- How Property Taxes Are Crushing Illinois’ Middle Class (Austin Berg / Illinois Policy)
- Titusville, Pennsylvania Planning Ahead for Large Pension Hike (Sean P. Ray / Titusville Herald)
- States and Local Governments Need $645 Billion to Pay Full Health-Care Costs (Heather Gillers / Wall Street Journal)
- Bankrupt Puerto Rico Faces Direct Hit From Hurricane Maria (Jon Schuppe / NBC News)
- British Airways Proposes Moving All Employees Onto Defined Benefit Pension Plan in £3.7 Billion Deficit Containment Plan (Jasper Jolly / City A.M.)
- PENSION PULSE: HOOPP's New CLO Risk Retention Vehicle? (blog - Leo Kolivakis)
September 19, 2017
- 3 San Diego Union Presidents Spark a New Category for the Public Pension Hall of Shame: 'Never Fully-Funders' (blog - Mary Pat Campbell / STUMP)
- Moraga, California's Fiscal Crisis Shocks, Baffles Residents (Alison Graham / San Francisco Chronicle)
- Public Pensions: Minnesota's Systems Seek Legislative Action on Proposed Reforms (op-ed - Doug Anderson, Erin Leonard & Jay Stoffel / Star Tribune)
- An Annotated Rebuttal to Minnesota's State Pension Plan Directors' Star Tribune Commentary Above (Minnesota Center for Fiscal Excellence)
- Pension Debt Is NOT a Good Deal for Anyone (Retirement Security Initiative)
- Fringe Benefits Costs Grow $222 Million in Connecticut's New Budget, as Some Agencies Take Cuts (Marc E. Fitch / Yankee Institute)
- Medicaid for All Would 'Bankrupt the Nation,' Warned Bernie Sanders—in 1987 (Peter Suderman / Reason)
- Retirees on Tap for Biggest Increase in Social Security Benefits Since 2011 (Joseph Lawler / Washington Examiner)
- EDITORIAL CARTOON: A National Horror (Nate Beeler / Columbus Dispatch)
- PENSION PULSE: US Pension Storms From Nowhere? (blog - Leo Kolivakis)
September 18, 2017
- Pension Storm Warning (newsletter - John Mauldin / Mauldin Economics)
- The Rasmussen Minute: Government Worker Privilege? (video - Rasmussen Reports)
- Cops' Massive Salaries Are Robbing New York's Taxpayers Blind (Kirstan Conley / New York Post)
- Pensions' Cash Crunch Poses Long-Term Challenge for PE (Jessica Davies / Private Equity News)$$
Copyright 2017 by PensionTsunami.com