Last issue, we presented an introduction to our thoughts on the problems being faced by public pensions. The following is a look at some initial action by states.
Matt Paschke discusses how public pension funds are approaching huge hurdles as state and municipal governments have promised more than they are able to provide.
What About China?...The 7% Solution...Plan Sponsor's Future Investment Earnings Assumptions Are Too High...Some Facts About Gold
A month ago, this section featured the commentary "Bad News For The PBGC (And The Taxpayer)". This proved to be quite timely.