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Public Pensions — the Problem Is Not Just the Benefits

Author: 796Publication date: Wednesday, April 20, 2016Show on E21: Related Topic: Pension ReformIt’s been a long recovery for U.S. states and cities, thanks in no small part to the trillions in...

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Boardwalk Bankruptcy

Author: 796Excerpt: Atlantic City is already unable to both pay its debts and support basic municipal operations... what it really needs is to cut its debt, not come up with different payment...

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The Pension Grand Bargain: A New Reform Model for Cities

Author: 88Publication date: Tuesday, April 26, 2016Show on E21: Related Topic: Pension ReformPDF to download: R-HH-0416.pdfKey Findings: Buffalo, Chicago, Cleveland, and St. Louis have pension...

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Congress Can Solve Illinois' Pension Crisis

Author: 637Publication date: Friday, April 29, 2016Show on E21: Related Topic: Public Sector ReformPension ReformOtherMost people don't care whether pensions are underfunded. After all, retirement is...

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Congress Should Solve America's Pension Crisis

Author: 637Publication date: Friday, May 6, 2016Show on E21: Related Topic: Pension ReformAmerica's state pension plans are only 36 percent funded. Forty-seven states have less than 50 percent of the...

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Teamsters Pension Crisis Shows How Unions Add Risks to Workers

Author: 637Publication date: Tuesday, May 10, 2016Show on E21: Related Topic: EmploymentPension ReformThe Teamsters prefer a higher hourly salary than a robust retirement planThe Teamsters’ Central...

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Chicago Crowd-Out: How Rising Pension Costs Harm Current Teachers—and Students

Author: 882Publication date: Wednesday, May 25, 2016Show on E21: Related Topic: Pension ReformEducationKey Findings: Rising retirement costs have contributed significantly to the CPS’s budget woes:...

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The Real Cost of CPS Borrowing: District Now Owes $38,000 per Student

Author: 882Publication date: Wednesday, May 25, 2016Show on E21: Related Topic: Public Sector ReformEducationPension ReformBy all accounts, Chicago Public Schools has made significant academic progress...

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Port Authority Should Replace Expensive Pension Plan to Help Stay Afloat

Author: 125Publication date: Monday, June 6, 2016Show on E21: Related Topic: Public Sector ReformPension ReformA police lieutenant at the Port Authority of New York and New Jersey retired in 2013 with...

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Desperate Measures Only Add to NY's Pension Perils

Author: 127Publication date: Monday, June 20, 2016Show on E21: Related Topic: Tax & BudgetNYCPension ReformDuring the first few years after Wall Street prices bottomed out in 2009, public-pension...

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Better Pay, Fairer Pensions III — The Impact of Cash-Balance Pensions on...

Author: 882269Publication date: Wednesday, June 22, 2016Show on E21: Related Topic: Pension ReformPre K-12PDF to download: R-JMMW-0616.pdfKey Findings: A previously released paper by the authors found...

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New Jersey's Pension Apocalypse Is Looming

Author: 519Excerpt: Understand: New Jersey is one mild economic downturn from not being able to make payments to retirees, whether it wants to or not.Publication date: Monday, June 27, 2016Show on E21:...

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The Public Pension Problem: It's Much Worse Than It Appears

Author: 125Publication date: Friday, July 22, 2016Show on E21: Related Topic: Pension ReformTax & BudgetWhen financial markets slumped in 2008, the assets in government-worker pension funds plunged...

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State Pensions Aren't Washington's Problem

Author: 127Publication date: Monday, July 25, 2016Show on E21: Related Topic: Pension ReformCongress and the next president should make it clear that federal bailouts of state and local pension funds...

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Covering Up the Pension Crisis

Author: Steven MalangaExcerpt: States and actuaries are trying to stifle debate about the growing shortfall in fund assets.Publication date: Friday, August 26, 2016Show on E21: Related Topic: Tax &...

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Chicago Teachers Union Strike Could Happen as Early as October

Author: Daniel DiSalvoPublication date: Monday, September 12, 2016Show on E21: Related Topic: Pension ReformThe Role of UnionsPre K-12The following is an interview with Daniel DiSalvo by the Illinois...

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In Fast-Growing Texas, Local Debt Has Soared—Now, Who'll Pick Up the Tab?

Author: Steven MalangaPublication date: Monday, October 3, 2016Show on E21: Related Topic: Pension ReformReinventing GovernmentExplosive population growth has encouraged Texas localities to borrow,...

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N.J. Residents Owe $15K per Person in Pension Debt. Compromise Is the Only Fix

Author: Steven MalangaPublication date: Monday, October 3, 2016Show on E21: Related Topic: Pension ReformNew Jersey residents have absorbed so much bad news about our state government pension fund that...

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Feeling the Squeeze: Pension Costs Are Crowding Out Education Spending

Author: Josh B. McGeePublication date: Tuesday, October 18, 2016Show on E21: Related Topic: Pension ReformPDF to download: R-JM-1016.pdfKey Findings: Taxpayer contributions to teachers’ retirement...

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Desperate Measures Only Add to NY's Pension Perils

Author: 127Publication date: Monday, June 20, 2016Show on E21: Related Topic: Tax & BudgetNYCPension ReformDuring the first few years after Wall Street prices bottomed out in 2009, public-pension...

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