Pension Reform Comes to Ventura County

By Edward Ring
02/25/2014
“401Ks carry no guarantee, and that’s the distinction between a defined contribution system and a defined benefit system.”  – Rick Shimmel, executive director of the Ventura County Deputy Sheriffs’ Association, February 20, 2014, Fox News Soundbite Truer words were never spoken, Mr. Shimmel. But when the “guarantee” can’t be lowered to levels that are merely...

TAGS: Adjustable Defined Benefit, San Jose mayor Chuck Reed

Union Controlled Illinois Politicians Consider Tax Increases to Fund Pensions

By Mike Shedlock
10/30/2013
Editor’s Note:  This post by regular UnionWatch contributor Mike Shedlock documents the latest bad news for the Illinois Teachers Retirement System. And of course, union-controlled Illinois politicians have a solution: More taxes in one of the most overtaxed states in America. Like many if not most pension reformers, Shedlock advocates a scrapping of defined benefit...

TAGS: Adjustable Defined Benefit, defined benefit, defined contribution

Adjustable Pension Plans

By Edward Ring
04/16/2013
Professor Barnhardt: “So it was only when your world was threatened with destruction that you became what you are now?” Klaatu: “Yes.” Professor Barnhardt: “Well that’s where we are. You say we’re on the brink of destruction and you’re right. But it’s only on the brink that people find the will to change. Only at the precipice...

TAGS: Adjustable Defined Benefit

Load More

The Potential Fiscal Effects of Education Savings Accounts in California

Martin F. Lueken, Ph.D. Director of the Fiscal Research and Education Center, EdChoice in collaboration with Lance Christensen Vice President of Education Policy, California Policy Center Download the Full PDF Report Here

View Report

Report Archive