The three largest public sector pension plans have already increased their equity allocation by more than 5 percent since last spring. (blackrockblog.com)
With public sector pension plans rocketing out of control, states and localities flirting with bankruptcy, Medicare, Medicaid, and social security burdens escalating out of reach, the president can only say, lamely, that he does not «agree with all the proposals» of the Fiscal Commission he appointed, leaving it to his audience to guess what items in their package he likes. (educationnext.org)
Bonnie Lysyk's latest report again takes issue with major public sector pension plans being counted as government assets. (thestar.com)