Watchdog Podcasts: Breaking The Bank — Pension gimmicks aren’t fun for taxpayers

By   /  April 21, 2015  /  Budget and Spending, California, Finances, Pensions, Podcast, State Budgets, State Government  /  No Comments

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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.

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Pennsylvania pension funds could run dry in as little as 10 years

By   /  April 16, 2015  /  News, Pennsylvania, Pensions  /  No Comments

Source: Mercatus Center "Can Public Pensions Fulfill Their Promises?"

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.

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Watchdog Podcasts: Breaking The Bank — When pension reform isn’t really pension reform

By   /  April 10, 2015  /  California, Kansas, Maryland, News, Pensions, Podcast, Watchdog Radio  /  No Comments

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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.

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New Jersey voters flee as Christie chases White House

By   /  April 9, 2015  /  New Jersey, News, Pensions, Politics  /  No Comments

Governor's Office/Tim Larsen

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.

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Watchdog Podcasts: Breaking The Piggy Bank — Higher taxes, higher benefits and the political problems of public pensions

By   /  April 3, 2015  /  California, Pennsylvania, Pensions, Podcast, Watchdog Radio  /  No Comments

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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.

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City solicitor: To recover, Jeannette should do away with pension ‘spiking’

By   /  April 2, 2015  /  Accountability, Labor, Local Government, Local News, News, Pennsylvania, Pensions  /  No Comments

Photo from Westmoreland Bar Association website

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.

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