Few years ago, a little unknown accounting rule was enforced across America’s state and local municipalities. Continue reading →
Tag / Pensions
UPS Downsizing Pension Plans
Pension plans will most likely disappear in our lifetime. They can still be done, but usually people start getting their greedy hands Continue reading →
Should the State of Illinois File Chapter 7 Bankruptcy?
Economic Policy Journal posted a video by political pundit Dick Morris. The video is almost 4 minutes long, but gives two rational options Continue reading →
City of Indianapolis Has $1.1 Billion in Unfunded Pension Liabilities
As the City of Indianapolis becomes more progressive politically, physics of economics may impede this philosophy. Continue reading →
Report: State of California Debt Hits $228 Billion
When real accounting methods are applied to California’s government money books, Continue reading →
Report: Social Security Faces Possible Cuts in 2019
While going through the 2016 Annual Report for Social Security and Medicare, I stumbled across the main theme Continue reading →
Indiana Public School Teachers Need To Worry About Their Pension Fund and Not Politics
Every time I turn on social media or browse news sites, I see Indiana school teachers posting something against President Trump’s nominee for Secretary of Education, Betsy Devos. Continue reading →
