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Forum: Pension - Social Security 09-20-2019, 02:44 PM
Replies: 1,964
Views: 135,868
Posted By StillCrazed
If public plans choose not to invest in certain...

If public plans choose not to invest in certain industries, that creates more opportunity for the rest of us to buy these profitable companies at depressed prices.
Forum: Pension - Social Security 07-22-2019, 07:18 PM
Replies: 1,964
Views: 135,868
Posted By StillCrazed
Brookings and Governing are both institutions...

Brookings and Governing are both institutions that cater to govt workers. Neither is addressing the concept that a benefit should be funded during the years of service, and neither cares that...
Forum: Pension - Social Security 07-03-2019, 01:59 PM
Replies: 1,964
Views: 135,868
Posted By StillCrazed
When your plan requires perfect execution, and...

When your plan requires perfect execution, and difficulties dealing with the inevitable bad news, as Colorado appears to do, you guarantee that drama and bad news will always be part of your news...
Forum: Pension - Social Security 05-09-2019, 04:14 PM
Replies: 1,964
Views: 135,868
Posted By StillCrazed
They used the money all that time

The only true equity here is that interest is still accruing, and the over-paid participants had use of the funds for years.
Further, the supervision of the funds was not competent, so I wonder who...
Forum: Pension - Social Security 04-03-2019, 04:20 PM
Replies: 1,964
Views: 135,868
Posted By StillCrazed
I posted this in MEP discussion, but it belongs...

I posted this in MEP discussion, but it belongs here also.

An actuarial cost method should result in full funding of benefits when an employee participant leaves, in my opinion. If additional...
Forum: Pension - Social Security 03-18-2019, 03:53 PM
Replies: 1,964
Views: 135,868
Posted By StillCrazed
The Cliffwater study does not offer any...

The Cliffwater study does not offer any encouragement to the many optimists on public plan boards. Lowering their expected return assumption would make a lot of sense. It would also bring more...
Forum: Pension - Social Security 03-04-2019, 02:51 PM
Replies: 1,964
Views: 135,868
Posted By StillCrazed
"California Rule" - judges don't consider the...

"California Rule" - judges don't consider the ability of taxpayers to change their deal.
But the CA Supreme Court has ruled that some extra benefits are not covered, specifically AIR-TIME.
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