Sentences with phrase «public pension problem»

Nor will continued gridlock over healthcare, or failure to solve the public pension problem or to reform entitlement spending.

Not exact matches

Many public pensions are significantly underfunded and their funding problems have been exacerbated by the recent economic downturn.

We also have a problem managing our public pensions and our premiere safety net program, Social Security.

This week's announcement generated a new round of complaints about the ORPP, but it's important not to let problems with the ORPP undermine the strong general case for public pension expansion.

Public opinion is likely to be split, but any suspicion that teachers are ignoring the plight of those in the private sector who don't have any pension scheme at all could pose problems for the NUT.

Meanwhile, things that could address systemic problems and save the city and state real money, including public pension reform, get shouldered off the road in favor of transient quick fixes like taxes on soda and cigarettes.

An outside review of New York's $ 150 billion pension fund for public workers shows it fixed ethical problems that led to a «pay - for - play» scandal.

But the tone of everything seems to be that the problem is public employees and public pensions and it's a terrible place to be.»

Tim Hoefer of the Empire Center for Public Policy called the dual pensions a «major problem» that could wind up costing the bistate PA millions.

The problem with pensions is the cost of public pensions is increasing exponentially.

The problem isn't with public sector pensions, it's rather with the spectacular failure of private ones.

Moreover, the report's descriptions about teacher pension plans are wildly out of touch with reality and attempt to paper over real problems in the public sector.

We addressed this problem by adjusting the actuarial costs to a common discount rate that accurately reflects the low - risk nature of public pension benefits.

But she then attempts to persuade readers not to worry about public sector pensions and instead focus on the retirement savings problems in the private sector.

«Local and state financial problems are accelerating, in large part because public entities promised pensions they couldn't afford.

We have a problem in our public discourse when «changes to a person's potential future pension» becomes portrayed as «pension theft,» as it did recently in Illinois.

How to Solve the Teacher - Pension Problem, a forum that looks to address the public policy dilemma that teacher - pension systems pPension Problem, a forum that looks to address the public policy dilemma that teacher - pension systems ppension systems present.

District officials say the fundamental problem has been that CPS has long been unfairly treated in the way the state divvies funds for public education and pays for teacher pensions.

The public employee pension problem isn't new, but a teacher union leader's defense of it has sunk to new depths.

While all these pensions are draining public resources, Don Boyd, director of fiscal studies at the Nelson A. Rockefeller Institute of Government, charges that the teachers» plans are a disproportionate part of the problem.

Atlanta Public Schools Chief Financial Officer Lisa Bracken said the school district has higher costs for several reasons: The expense of city living drives up teacher pay; the district has «low population» schools that lack economies of scale but are kept open «due to urban traffic constraints and community needs;» many students need extra services because they have learning problems or disabilities, don't speak English fluently or come from poverty; and the district has a large unfunded pension liability with growing obligations.

MIDLAND, MICH. — A Mackinac Center for Public Policy analyst applauds legislators for resuming work today to address the state's $ 29.1 billion pension problem, saying moving future school employees to defined - contribution plans is both necessary and morally right.

Texans are all too familiar with public sector pension problems (along with taxpayers in Illinois, Michigan, and a slew of other states).

Over at Education Next, Drs. Robert M. Costrell and Michael Podgursky have produced thorough reviews of the problems with back - loaded, defined - benefit pension plans, including how these plans punish public school teachers that change localities during their careers.

Critics have suggested that problems faced by pension funds have been overstated, and that the picture is rosier than depicted by the conservative groups in particular that have raised alarms about public pensions.

The example highlights a gross inequality, but Pierlot says he doesn't have a problem with public sector workers getting a good pension.

Those of you who are long - time followers of ifa.com are probably aware of the attention we have given to the very large problem of mismanagement of public pension plan funds.

OTTAWA — Internal evaluations of the Canada Pension Plan show the retirement system is poorly understood by most of the public — a problem retiree Evan Brett avoided only through luck and meticulous record keeping.

The problem isn't limited to public pension funds; many corporate pension funds have lost so much ground that they are also pursuing riskier investments.

This week's announcement generated a new round of complaints about the ORPP, but it's important not to let problems with the ORPP undermine the strong general case for public pension expansion.

«With no independent barristers willing to prepare such cases after a 30 % fee cut, the Ministry is now scrambling to try and solve the problem by employing barristers to the Public Defender Service, leading to the additional costs of employment such as holiday pay, pension contributions and national insurance etc..

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.