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How Pensions Work
“We have an old saying in journalism: If you don’t understand something, it must be important.” ~ Columnist Dave Barry on the stock market Public pensions can be difficult to understand given the...
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The Why—and Fairness—of Public Pensions
Why? Why are government employees—from office workers to teachers to engineers to first responders—given a pension? To meet public sector needs: Government employers – Need a tool to retain qualified...
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Negotiating Pension Agreements
Adjusting pensions by sitting down at a table makes for a less sensational news story than some of the controversial, and sometimes confrontational, efforts made to preserve and sustain retirement...
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Pension Holidays are No Vacation
There was a new tenor in the media this week in talking about public pensions: discourse to remove the focus off of public employees and the demands of unions and on to legislators for their lack of...
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Paying for Retirement
Although some dismiss the legislative changes made in recent years to public pension plans as “nibbling” at the edges of reform (two examples are here and here), the fact is that reducing benefits will...
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