In this week’s episode, hosts Eric Boehm and Steve Greenhut are joined by Joe Luppino-Esposito, editor of State Budget Solutions, to discuss some common pension gimmicks used by city and state governments.Read More →
Without higher contributions from workers and taxpayers, Pennsylvania’s public sector pension plans may not be able to pay for their promises.
And if investment returns fail to live up to expectations, the two pension funds could run dry before the end of the next decade.Read More →
Breaking The Bank is Watchdog.org’s weekly look at the national public pension crisis, how it’s affecting state and city budgets and what can be done — if anything — to fix it.Read More →
As Chris Christie applies for a job in the White House, he may want to think twice about using his New Jersey employers as references.Read More →
Watchdog Podcasts: Breaking The Piggy Bank — Higher taxes, higher benefits and the political problems of public pensions
Breaking The Piggy Bank is Watchdog.org’s weekly look at the national public-pension crisis, how it’s affecting state and city budgets and what can be done — if anything — to fix it.Read More →
Singled out for bad pension planning, officials in Jeannette, Pennsylvania, are determined to tackle the problem. The town’s solicitor told us Tuesday the first step is eliminating the practice of pension “spiking” by the town’s police force. “There is no rationale whatsoever” for the practice, Jeannette solicitor Scott Avolio said.Read More →