Pension Crisis
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Pension Crisis
Follows news on the crisis facing public pension plans
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What is Your Pension Really Worth?

Last week, we posted an article from Michael Lewitt, Vice President and Portfolio Manager at Cumberland Advisors called “The Pension Dilemma” that talked about how America’s largest pen...
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Steve Malanga: The Local Government Pension Squeeze

In The Wall Street Journal, Steve Malanga reports on the severe budget problems of municipalities, thanks to growing pension costs and other retiree benefits.
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Pension Crisis Looms Despite Cuts

Pension Crisis Looms Despite Cuts | Pension Crisis | Scoop.it
Almost every state in the U.S. has made cuts to its public-employee pensions, seeking to dig out from the economic downturn, but so far the measures have fallen well short of bridging a nearly $1 trillion funding gap.
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Retirement Researcher Blog: An Efficient Frontier for Retirement Income

Retirement Researcher Blog: An Efficient Frontier for Retirement Income | Pension Crisis | Scoop.it
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Public Pension Promises: How Big are They and What are They Worth? by Robert Novy-Marx, Joshua Rauh :: SSRN

Public Pension Promises: How Big are They and What are They Worth? by Robert Novy-Marx, Joshua Rauh :: SSRN | Pension Crisis | Scoop.it
We calculate the present value of state employee pension liabilities as of June 2009 using discount rates that reflect the risk of the payments from a taxpayer...
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