Spreading the truth. Empowering the people.
finance.yahoo.com/news/ge-gaping-pension-deficit-just-100000314.html (Bloomberg) — General Electric Co.’s gaping pension deficit certainly stands out for its size. But the company is hardly the only one at risk of potentially shortchanging some of … Read more
by: JD Heyes (Natural News) One thing the Democrat Left has always been good at is spending other people’s money. Whether it’s Democrat lawmakers spending trillions of dollars our country … Read more
From Birch Gold Group The bull market in stocks over the last decade hasn’t helped public pensions much. Officially, they acquired $8.8 trillion in liabilities, yet they remain 48% underfunded. You can … Read more
by Simon Black of Sovereign Man On Friday evening, the government here in Puerto Rico made an announcement to local retirees that many of them would have their pensions cut. Poof. Just like … Read more
via pionline: When it comes to public pension plans’ assumed rates of return, what is rare today was quite common less than 10 years ago. Only three of 129 public … Read more
From Birch Gold Group Pension programs may suffer due to a new round of currency wars that are poised to begin between the ECB (European Central Bank) and the U.S. Last … Read more
Watch the latest video at foxnews.com EXCLUSIVE: Crippling sanctions imposed by the United States on Iran since President Trump’s withdrawal from the nuclear deal last year have left pension funds throughout the country on the … Read more
From Birch Gold Group Public and private pensions are in trouble. There needs to be a major overhaul to the way pensions are operated or they will likely go extinct. Worldwide, pensions … Read more
Reason.com’s Mike Riggs talks with Illinois Policy Institute’s Adam Schuster about how to fix the state’s pension debt crisis… Illinois is running out of time to fix its public sector pension … Read more
via pensionpulse: Heather Gillers of the Wall Street Journal reports that US pension plans fell short of their projected returns this year, adding to the burden on governments struggling to fund promised benefits … Read more
by Lance Roberts Fiscal responsibility is dead. This past week, Trump announced he had reached an agreement with Congress to pass a continuing resolution which will suspend the debt ceiling … Read more
Jason goes on a rant about pension funds in the US being ripped off or defrauded by private equity, hedge funds and Wall Street investment banks as well as politicians … Read more
via publicfinanceinternational: Funding shortfalls for state and local pension funds are a key source of fiscal fragility in the United States. Research by IMF economists indicates that government employee pension fund assets … Read more
In order to fulfill the long-term and short-term financial goals of life, it is very important to make proper financial planning. However, while doing financial planning, people often ignore the … Read more
From Birch Gold Group According to Pension Tracker, as of 2017 there is $5.184 trillion worth of market-based public pension debt across all 50 states. If you’re a taxpayer, Forbes says you’re exposed to significant risk: … Read more
