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Public Sector Pensions

Illinois House Should Pass Fair Pension Bill, SB 2404

Michael T. Carrigan | Posted 05.21.2013 | Chicago
Read More: Public Employees, Pat Quinn, We Are One, Illinois House of Representatives, Collaboration, Afl-Cio, Pensions, Labor Unions, Illinois Budget, Illinois Senate, Education, Labor, Illinois Pension Reform, Michael Madigan, Michael Carrigan, Pension Reform, Public Sector Pensions, Illinois, Teachers, Organized Labor, John Cullerton, Unions, Pension Funds, Illinois Pensions, Video, Chicago News
Michael T. Carrigan

On a range of issues, our state faces tough problems that can only be solved by stakeholders and elected officials working together. The new pension reform legislation, Senate Bill 2404, shows the way.

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5 Myths About Public Employee Pensions

Harold Schaitberger | Posted 09.10.2012 | Home
Read More: Public Employee Pensions, Pensions, Public Sector, Public Sector Pensions, Retirement, Saving for Retirement, Retirement Planning, Home News
Harold Schaitberger

About 10,000 Americans a day are turning 65 years old. While Wall Street's 401(k) plans have done nothing to help retirees enjoy their golden years, defined benefit plans are the best way to support retirees and allow them to continue to contribute to their local economies.

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Budget Cuts Are Not the Answer

David Vognar | Posted 08.11.2012 | Chicago
Read More: Illinois Budget Deficit, Rahm Emanuel, Chicago, Public Sector Pensions, Human Services, Pensions, Social Services, Illinois, Illinois Politics, Republicans, Austerity, Illinois Social Services, Chicago News
David Vognar

It might appear that Illinois is just another spendthrift in a nation of spendthrifts (in a world of spendthrifts). But beyond the rhetoric, which appears everywhere, the numbers don't lie. It's not a spending problem. It's a revenue problem.

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Josh Mandel's $65 Billion Mistake

The Huffington Post | John Celock | Posted 05.22.2012 | Politics
Read More: Josh Mandel 2012, Video, Josh Mandel, 2012 Election, Sherrod Brown, Public Sector Pensions, Pensions, Andrew Zucker, Senator Sherrod Brown, Ohio Democrats, Election 2012, Ohio Pension Fund, Josh Mandel Ohio, Ohio Board of Deposit, Sherrod Brown Josh Mandel, Ohio Politics, Pension Funds, Politics News

Ohio Democrats are pouncing on state Treasurer Josh Mandel (R) for apparently forgetting $65 billion in state pension funds under his supervision, cal...

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Responsible Private Equity Investors Revitalizing U.S. Manufacturing

Marco Trbovich | Posted 07.17.2012 | Business
Read More: Public Sector Pensions, Pensions, Environment, Manufacturing, Investment, Unions, Manufacturing Jobs, Business News
Marco Trbovich

Michael Peck, chairman of Isofoton North America, a 60-year-old Spanish solar firm investing in solar facilities in western Ohio, asserted that having a truly sustainable economy guided by ESG principles means changing how the culture views workers.

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Once Again, Academics Get an F When It Comes to Retirement Math

Jane White | Posted 06.19.2012 | Home
Read More: Public Sector Pensions, 401(K), Laurence Kotlikoff, Pay to Play, Alicia Munnell, Bernie Madoff, Pensions, Retirement, Retirement Plans, Home News
Jane White

As an advocate for 401(k) participants, the only thing more frustrating for me than not being able to get Capitol Hill to make the plans walk and talk like pensions is tackling "innumeracy" on the part of academics who portray themselves as experts.

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Defending Pensions From a Surprise Attack

Gregory Floyd | Posted 02.15.2012 | Politics
Read More: John Liu, Public Sector Pensions, Teamsters, Labor Unions, Politics News
Gregory Floyd

We now face a new, but equally dangerous threat to the safety of our pensions, and it's coming from an unexpected source. It threatens not only the health of our pensions but our very ability to control them.

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