Andrew Biggs had another good article in the Wall Street Journal yesterday called “Why Public Pensions are so Rich”. The pay-wall is down so you can enjoy it. It reminded me to tell you that the LCPR (pension commission) begins meeting again on Tuesday nights at 5:00 pm, January 31st and throughout the session. Here […]
Tag archives for pension reform
Pension Commission Update: Interim Hearings Take on “Big Issues” in Preparation for the 2012 Session.
In October, the commission heard testimony about changing the assumed rate of return on investments from 8.5% to a lower number (probably 8.0% but it Rep. King Banaian has sponsored a bill that would lower the rate to 7.5%); and it reviewed various hybrid pension plans being adopted around the nation. (A hybrid plan is part defined […]
ANDREW BIGGS FROM THE AMERICAN ENTERPRISE INSTITUTE TO TESTIFY AT PENSION COMMISSION THURSDAY, NOVEMBER 10th
ANDREW BIGGS FROM THE AMERICAN ENTERPRISE INSTITUTE TO TESTIFY AT PENSION COMMISSION THIS THURSDAY, NOVEMBER 10TH (State Office Bldg Room 5, Click Here for the Agenda and Schedule). CONTACT: KIM CROCKETT firstname.lastname@example.org OR 612.388.2820 FOR INFORMATION. Keith Brainard, research director of the National Association of State Retirement Administrators (NASRA), and an aggressive and talented defender of […]