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State Pensions

Pensions at a Glance -- Compare Your Country

OECD | Posted 03.08.2014 | Money
OECD

What percentage of GDP is spent on pensions? At what age are people exiting the labor market? What is the poverty rate for those over 65?

Five Truths About Public Employee Pensions

Kil Huh | Posted 09.25.2012 | Money
Kil Huh

Some states with well-managed pension plans can continue providing benefits as long as they are disciplined, but many states can't continue with the status quo. Here are five truths about state and local pensions.

Hey Lansing, Why Wait? Take Public Pension Cure

Robert Reed | Posted 06.20.2012 | Chicago
Robert Reed

An increasingly growing list of pension abuses in Illinois unfairly boosts taxpayer costs while the state's public pension system is breaking down and the overall economy is ailing.

Rick Perry's Pension Problem -- And Ours

David Boaz | Posted 02.17.2012 | Politics
David Boaz

Why should elected officials receive a pension at all? Service in elected office should be temporary, not a career.

My Latest Preoccupation

Marian Salzman | Posted 01.23.2014 | Politics
Marian Salzman

Ladies and gentlemen of the Preoccupied movement, allow me to redirect your attention to another location, because Wall Street is getting stale (word ...

Many government retirees also get public paychecks

AP | By DANNY ROBBINS, TAMMY WEBBER and PETER JACKSON | Posted 12.02.2011 | Business

DALLAS -- Double-dipping – the well-established practice of public workers collecting government pensions and salaries at the same time – ...

Pensions Set To Be Next Battleground For State Employees

The New York Times | Steven Greenhouse | Posted 08.15.2011 | Politics

First came the pay freezes and unpaid furloughs. Then came the higher contributions for health insurance. Now, in the most definitive sign yet that th...

10 States Where Pensions Are Running Out Of Funds

24/7 Wall St | Posted 07.01.2011 | Business

As the financial obligations and access to capital for states and cities is debated one remedy has already been taken almost universally–cost cuts. ...

In Many States, Pensions Gap Continues To Grow, Report Says

Posted 06.26.2011 | Business

WASHINGTON (Lisa Lambert) - U.S. states are short $1.26 trillion in paying for public employee pensions and other retirement benefits, a gap that ...

Zach Carter

An Overblown 'Crisis' For State Pension Funds

HuffingtonPost.com | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- In early 2010, Goldman Sachs announced two blockbuster numbers: profits of $13.4 billion for the prior year and compensation of $16.2 bi...

Why Employee Pensions Aren't Bankrupting States

McClatchy | Posted 05.25.2011 | Politics

From state legislatures to Congress to tea party rallies, a vocal backlash is rising against what are perceived as too-generous retirement benefits fo...

The 16 States That Are Killing Their Pensions

24/7 Wall St. | Posted 05.25.2011 | Business

For decades, public employees have had pension plans identical to those provided by most large American companies. These are defined benefit plans tha...

Hold Off On The Retirement Parties

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

(This post has been updated.) In response to the massive pension obligations owed to soon-to-retire baby boomers, at least 10 states have voted to ...

State Pensions Plans Face $1 TRILLION Shortfall: Pew Center

Posted 05.25.2011 | Business

HARRISBURG, Pa. ( BY MARK SCOLFORO, AP) -- States may be forced to reduce benefits, raise taxes or slash government services to address a $1 trillion ...

Almost 4,000 Retired State Employees Draw Pensions Over $100,000

Chicago Sun-Times | TIM NOVAK, ART GOLAB AND CHRIS FUSCO | Posted 05.25.2011 | Chicago

Nearly 4,000 retired government workers have pensions that pay them at least $100,000 a year....