News Now
The “Pension Crisis” is a Myth, Part One
Headline: The “Pension Crisis” is a Myth, Part One
Publication: National Public Pension Coalition
Article Date: July 13, 2017
“Since the Great Recession in 2008, warnings of an impending pension crisis have been splashed across the business pages of newspapers across the country. Despite these boisterous decrees, America’s public pension funds are stable. We explore the roots behind the false pension crisis narrative and examine the facts.” Read article…
When should you make ‘course corrections’ to your retirement plan?
Headline: When should you make ‘course corrections’ to your retirement plan?
Publication: Market Watch
Article Date: July 29, 2017
When saving for a living in retirement, “course corrections” are necessary, so say the experts. Read article…
CalPERS beats earnings target for first time in three years
Headline: CalPERS beats earnings target for first time in three years
Publication: Sacramento Bee
Article Date: July 14, 2017
“The California Public Employees’ Retirement System rode a strong year in the stock market and private equity investments to earn a return rate of 11.2 percent for the fiscal year that ended June 30, the pension fund announced Friday morning.” Read article…
States Defy Congress, Continue Planning for 401 (k)-for-everyone Plans
Headline: Legal or Not, States Forge Ahead With 401(k)-for-Everyone Plans
Publication: Governing
Article Date: Aug 1, 2017
“Congress jeopardized the future of state plans to help private employees save for retirement. States don’t seem to care.” Read article…
2012 Ballot Measure Reform of San Diego’s Pensions Reaches CA Supreme Court
Headline: State Supreme Court takes up appeal challenging San Diego pension cutbacks
Publication: Times of San Diego
Article Date: July 27, 2017
A long-running legal dispute over a ballot measure passed by voters five years ago to reform the city of San Diego’s pension system will be decided by the state Supreme Court. Read article…