December 13, 2012 in Grand Forks Herald
In the past two years, North Dakota’s public pension funds have continued the downward slide that began in 2008. They now represent a $2 billion unfunded liability over the next 30-odd years. Continue Reading
December 6, 2012 in The Daily Republic
New administrators find mess after taking fund over in 2010. Continue Reading
June 6, 2012 in The Daily Republic
PIERRE State investment officer Matt Clark delivered grim news and a grimmer forecast Wednesday to the South Dakota Retirement System trustees and the Legislature’s retirement laws committee.
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June 5, 2012 in The Daily Republic
SIOUX FALLS (AP) Sioux Falls officials are contemplating changes to the city’s pension plan for municipal workers.
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April 11, 2012 in The Daily Republic
After the economic downturn in 2008 and 2009 caused the value of assets to fall in the South Dakota Retirement System, the Legislature passed a law pegging annual cost-of-living adjustments to the system’s financial health. Continue Reading
January 7, 2012 in Grand Forks Herald
Reform in Rhode Island was not an ideological agenda masquerading as fiscal necessity, as in Wisconsin and Ohio. Continue Reading
December 10, 2011 in Grand Forks Herald
With Americans increasingly likely to live well into their 80s, critics question whether paying lifetime pensions to retirees from age 55 or 60 is financially sustainable. Guaranteed pensions for relatively youthful government retirees paid in similar fashion to millions nationwide are contributing to nationwide friction with the public sector workers, most who no longer have access to such programs.
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November 26, 2011 in Grand Forks Herald
Any decision maker who tries to convince workers that defined-contribution plans are better for them than fully portable defined-benefit plans is either ignorant, a liar or both. Continue Reading
November 16, 2011 in Grand Forks Herald
Former Penn State football coach Joe Paterno’s long service at the university theoretically puts him in line for a pension of more than $500,000 a year, according to an Associated Press analysis of state public pension records. Continue Reading
October 7, 2011 in The Jamestown Sun
North Dakota’s special legislative session in November will be exciting enough. There’ll be lots of drama as the Fighting Sioux nickname law, redistricting and state flood assistance for the Minot and Bismarck areas come up for review. Continue Reading
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