"Texans for Secure Retirement is dedicated to
plans for all Texans and protecting the
of public employees.”
TEXAS RETIREMENT SECURITY NEWS
A VIDEO ABOUT THE DEBATE OVER
PUBLIC EMPLOYEE PENSIONS
Texas pension funds, in aggregate, return 8.2% over 20 years Texas-based public pension plans
produced an annualized composite return of 8.2% for the 20-year
period ended Sept. 30, above the 8% average annualized actuarial
return of the 60 plans that participated in a recent Commonfund
survey conducted for the Texas Association of Public Employee
WNET to return $3.5 million grant for pension series WNET, the New York City public
television broadcaster, said on Friday that it would return a
$3.5 million grant it received to sponsor an ambitious project
on public pensions in the face of charges that it solicited
inappropriate underwriting for the series.
The Wolf of Sesame Street: Revealing the secret corruption
inside PBS' news division With PBS’s “Pension Peril” series
echoing many of the same pension-cutting themes that the Arnold
Foundation is promoting in the legislative arena, and with the
series not explicitly disclosing the Arnold financing to PBS
viewers, the foundation’s spokesperson says her organization is
happy with the segments airing on stations throughout the
Texas weighs fixes for
multibillion-dollar pension shortfall
American-Statesman reports that lawmakers at the next
legislative session could consider raising the shared
contribution rate for the state and employees from 14.6 percent
to 20 percent. It could also make a massive one-time addition of
Pew's pension reform activism drawing critics Officials at the Pew Charitable Trusts are finding their motives
questioned as they move beyond their traditional role as
researchers into providing technical assistance to troubled
public retirement systems.
Billionaire's diabolical plot to loot worker pensions
In the lead-up to his anti-pension partnership with Pew,
Arnold’s most relevant connection to pensions and retirement
security came from working at Enron – a company whose collapse
destroyed its own workers’ pensions and helped to damage the
financial stability of public pension funds across America.
Funding on way for I-35W project The equity members [for the
construction of segment 3A of the North Tarrant Express project]
also include the Dallas Police and Fire Pension System.
U.S. Equity, credit boost public pension plan returns Double-digit returns were the norm for
U.S. public pension plans for the year ended June 30, with
smaller funds and those focused on domestic equities or taking
opportunistic positions in credit achieving the best results.
The coalition contends that, "despite
their claims to be an impartial think tank advocating for fair
and transparent policies, Pew's involvement in the pension fight
is anything but fair and transparent."
Patterson: Houston's pension plan funding holds up under
scrutiny Columnist Bill King's attacks on
Houston's public employee pensions use the sleight-of-hand trick
of comparing our great city to Detroit. The truth is that we've
been hearing King's Chicken Little imitation for some time now,
and readers need to apply their own critical thinking to many of
the components he strings together. Let's take on a few.
Playing Politics with Public Pensions Also in need of reform is the
politicized character of many public pension boards...along with
pension payouts based on final-year pay, collective bargaining,
binding arbitration, and faulty accounting standards.