thestatedtruth.com | January 18, 2011
Dr Joe Duarte has a good feel for this…..With states cutting budgets across the board, where is the growth going to come from? In San Diego an interesting fight between the city and its unions is developing that could set the stage for how things work out in other places with similar problems. According to […]
Category: Commentary, Economy, Finance, Interest Rates, Bonds, National News, News Letters, Pensions and Retirement, Wall Street |
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Tags: pension deficit, pension shortages, pensions
thestatedtruth.com | September 17, 2010
The median expected investment return for more than 100 U.S. public pension plans surveyed by the National Association of State Retirement Administrators remains 8%, the same level as in 2001  “It’s unrealistic,” according to John Bogle, founder of mutual fund giant Vanguard.  He says the return assumptions in place at most pension plans can’t be meet. […]
Category: Commentary, Economy, Interest Rates, Bonds, National News, Pensions and Retirement, Wall Street |
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Tags: net worth chart, pension chart, pension plans, pension shortages, under funded pensions