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Tag Archives: Pensions
Chicago’s other problem: Pensions
The deep sigh of relief to have resolution in the CTU teacher strike may be short-lived, as this article in the New York Times points out: The Chicago Teachers’ Pension Fund has about $10 billion in assets, but is paying out more than … Continue reading
Pension debate heats to a boil
Two remarkable articles in the NYT about the dreary and critical subject of public pensions, including those of teachers. The first begins with the YouTubed confrontation between teacher and Governor in New Jersey, but provides a very balanced and nuanced view of the issue: … Continue reading
What’s missing from the DPS pension dispute?
What’s missing? Teachers. And that’s a little odd, isn’t it, since it is their pensions primarily at issue, and individually they have the most to gain or to lose. Now mix in that the same people crying foul over the … Continue reading
Posted in Fiscal & Economic, Politics, Teacher Unions
Tagged DPS (Denver Public Schools), Pensions
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Political fiddling while pensions burn
Gretchen Morgenson, the current dean of financial reporting, covers the DPS pension debate as part of a series on private and public debt. This particular political pigskin has been kicked enough to shame Jason Elam, but I’m glad it is getting more attention, because … Continue reading
Infinity and beyond…
Pension discussions are not as interesting as DPS election hurling. But I think they will have a far greater impact over the long term. In many ways, the merger of the DPS pension into PERA makes it less of a local … Continue reading
Pension drama, Act I
I wrote a few weeks ago about the coming municipal (and other) pension morass, which some of Colorado’s elected officials seem intent on denying. My point was simple: in coming years benefits are going to be reduced, and/or contributions raised. Turns out we did not have … Continue reading
Time to tell teachers the pension truth
It’s deeply discouraging to those of us who have been watching pensions – not just in regards to teachers, but for municipalities overall – to see the very people who will probably be most affected deceived by their elder peers. Such is the current … Continue reading
Ooms With A View 