World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
American states' pension funds: A gold-plated burden
Keywords:
Researchers Rauh and Novy-Marx, estimate that states in the U.S. have pension shortfall of as much as $3.4 trillion, and the municipalities have pension shortfall of $574 billion. Seven states are expected to exhaust their pension assets by 2010, and half will run out of money by 2027. Several states have promised annual payments of 30% of tax revenues after their pension funds are exhausted.
Funding the budget and pension deficit in the U.S state of Illinois
10/16/2010
Grouped Articles
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Illinois Pension Fix Faces Political Test
Wall Street Journal 12/01/2013
Illinois Legislature Approves Retiree Benefit Cuts in Troubled Pension System
New York Times 12/03/2013
American states' pension funds: A gold-plated burden
Economist 10/16/2010
Chicago Mayor Seeks Alterations to Repair Badly Underfunded Pension Plan
New York Times 04/01/2014
For Some Bond Investors, Chicago Isn’t Their Kind of Town
Wall Street Journal 04/02/2015
Transparency and disclosures of the actual condition of state pension funds.
10/16/2010
Effors to bring realistic accounting and annual disclosures.
Grouped Articles
American states' pension funds: A gold-plated burden
Economist 10/16/2010
GOP Bill Takes Aim at Pension Disclosures
Wall Street Journal 02/22/2011
California Still Dreamin' on Pensions
Wall Street Journal 03/17/2011
Wall Street Journal 03/23/2011
State Pension Plans Lose Ground
Wall Street Journal 04/26/2011
States Lean on Public Workers for Bigger Pension Contributions
New York Times 06/15/2011
The Pension and Benefits Debate in American society
08/27/2010
With 12.5% of U.S. workers being state and local government workers, there is someone, a neighbor, a friend, who works for state and local government. The lunch or dinner conversations often wander into the issues about benefits and pensions in the private and government workplaces.
Grouped Articles
Public Pensions and Our Fiscal Future
Wall Street Journal 08/27/2010
American states' pension funds: A gold-plated burden
Economist 10/16/2010
Pension Issues Spice Dinner Debates
Wall Street Journal 02/18/2011
Wall Street Journal 06/16/2011
Beware the Registered Investment Adviser
BusinessWeek 10/27/2011
Wall Street Journal 04/22/2012
The wildly underfunded pension system of the American state of New Jersey.
09/30/2010
Need to increase the retirement age to 65 from 62, and increase pension contributions to 8.5%, says Governor Christie of New Jersey. With the lower savings of workers in the U.S. as they approach retirement, adequately funded pension systems are critical to the safety net.
Grouped Articles
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Illinois Pension Fix Faces Political Test
Wall Street Journal 12/01/2013
Illinois Legislature Approves Retiree Benefit Cuts in Troubled Pension System
New York Times 12/03/2013
BusinessWeek 09/30/2010
Public-sector pensions: Three-trillion-dollar hole
Economist 10/16/2010
American states' pension funds: A gold-plated burden
Economist 10/16/2010
How U.S. states overstate the extent to which pensions are funded.
10/16/2010
Using a discount rate of 4% (for government borrowing costs) would correctly show the extent to which pensions are funded in Illinois, than the rate currently used rate of 8%. Using Illinois methods Dutch plans would be 200% funded says an expert in Holland. With lower savings of American workers as they approach retirement adequately funded pension systems are critical to the safety net.
Grouped Articles
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Illinois Pension Fix Faces Political Test
Wall Street Journal 12/01/2013
Illinois Legislature Approves Retiree Benefit Cuts in Troubled Pension System
New York Times 12/03/2013
American states' pension funds: A gold-plated burden
Economist 10/16/2010
Wall Street Journal 03/05/2012
Chicago Mayor Seeks Alterations to Repair Badly Underfunded Pension Plan
New York Times 04/01/2014
Solutions and reforms for financial problems of U.S. states.
10/16/2010
Public worker's pay is skewed largely towards pensions, health insurance and benefits.
Grouped Articles
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Illinois Pension Fix Faces Political Test
Wall Street Journal 12/01/2013
Illinois Legislature Approves Retiree Benefit Cuts in Troubled Pension System
New York Times 12/03/2013
American states' pension funds: A gold-plated burden
Economist 10/16/2010
Illinois Supreme Court Rejects Lawmakers’ Pension Overhaul
New York Times 05/08/2015
Public Pension Funds Roll Back Return Targets
Wall Street Journal 09/05/2015
Grossly underfunded state pension funds in the U.S.
08/27/2010
Grouped Articles
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Illinois Pension Fix Faces Political Test
Wall Street Journal 12/01/2013
Illinois Legislature Approves Retiree Benefit Cuts in Troubled Pension System
New York Times 12/03/2013
Public Pensions and Our Fiscal Future
Wall Street Journal 08/27/2010
Illinois Supreme Court Rejects Lawmakers’ Pension Overhaul
New York Times 05/08/2015
Public Pension Funds Roll Back Return Targets
Wall Street Journal 09/05/2015
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us