Adjusting to Reality
President Barack Obama has signaled support for the idea to send additional checks to everyone receiving Social Security, Supplemental Security Income, and disabled veteran benefits, even though the deficit is expected to increase this year.
An Options Pricing Method for Calculating the Market Price of Public Sector Pension Liabilities
This AEI working paper presents an alternate approach to market valuation of public pension liabilities based upon options pricing methods.
New Jersey's Pension Deficits Hidden by Accounting Rules
Unless pension accounting rules are updated, taxpayers in New Jersey and around the country are in for a shock when the pension bill comes due.
Class Warfare's Next Target: 401(k) Savings
In the latest chapter in what is developing into a war by the left on America's seniors, the government has proposed to take American's 401(k) savings in return for a promise to pay some monthly benefit in retirement years.
