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States Lean on Public Workers for Bigger Pension Contributions

New York Times Original article ›

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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

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

Bad News for Boomers

Wall Street Journal 03/05/2012

Chicago Mayor Seeks Alterations to Repair Badly Underfunded Pension Plan

New York Times 04/01/2014

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

Tom Keene's Econo Chat

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


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