Chris Christie Sets Up a New Pension Brawl
This afternoon, New Jersey governor Chris Christie is giving a speech that won’t, unlike his state-of-the-state address earlier this year, be obviously aimed at a national audience. He’s trying to sell his Fiscal Year 2016 budget proposal to the …
The state of Kansas now has a permanent legislative committee on the public-pension crisis.
Prichard, Ala., has stopped paying its municipal pensions.
Indiana considers allowing “Chapter 9″ bankruptcies — bankruptcies for cities.
Rhode Island’s worst basketcase heads for bankruptcy.
The State Pension Implosion: A Chronology
Business Insider checks in with Prof. Joshua Ruah, Exchequer’s favorite source for data on state-government pension shenanigans, and draws up a list of which states are going down in what order. My only beef with this analysis is that …
Bobby Bailout: Casey to Put Taxpayers on Hook for Teamsters’ Shenanigans
Sen. Robert Casey (D., Pa.) and Rep. Earl Pomeroy (D., N.D.) are pushing legislation that would commit taxpayers’ dollars to bailing out the Teamsters’ retirement pension fund. The financial crisis and the Great Recession may have upset …