Sentences with phrase «because public pension funds»

Not exact matches

According to a new report from public - advocacy nonprofit As You Sow, that's because most pension funds, mutual funds, and other institutional investors continue to «rubber - stamp» exorbitant pay packages — even when a CEO's performance doesn't measure up.

In short, because they pool longevity risk, can offer a well - diversified portfolio with longer - term investments, and are professionally managed, public pension funds deliver the same level of benefits as DC plans at only 46 percent of the cost.15 Any funds invested with the state pension fund would be kept in a separate investment pool from public sector funds.

A colleague of mine who works at a pension fund did a study last year in which he concluded that, because of the extreme degree of public pension underfunding, a 10 % decline in the stock market for a sustained period — i.e. more than 3 or 4 months — would cause every single public pension fund to blow up.

In a new report released yesterday by the institute's Empire Center, we find that pension contributions will skyrocket over the next several years, because the state's pension funds made risky bets in the stock market and lost — leaving taxpayers, not public employees, to pay the bill.

Speaking on the public television show «Off the Record,» MEA President Steven Cook said the MEA paid $ 25,000 toward a recall effort against House Education Committee Chairman Paul Scott, R - Grand Blanc, because polling showed voters in Scott's district are upset over the elimination of a pension tax deduction and public school funding levels, the Lansing State Journal reported.

That's because officials in Chicago Public Schools ignored demographic projections of declining enrollment and borrowed billions for construction anyway — while contributing nothing to teacher pension funds for a decade.

Ken's blog is titled, «Reclaim Reform,» because, as he puts it, we must «' Reclaim Reform» from the Corporate Industrial Education Complex which is attempting to dismantle public education and attempting to raid public pension (deferred income) funds for the profits of multinational investors.»

Many pension plans, both private and public, experience funding problems because of the variable return on their investments along with the lengthening of the period of retirement due to an increase in our life expectancy.