Posts tagged retirement

WANT TO BE WEALTHIER IN RETIREMENT; WORK FOR BIG GOVERNMENT

Oct13
2011 4 Comments Written by Chriss W. Street
WANT TO BE WEALTHIER IN RETIREMENT; WORK FOR BIG GOVERNMENT

Center for Retirement Research at Boston College just released an analysis “Comparing Wealth in Retirement: State-Local Versus Private Sector Workers” to determine the wealth effect in retirement from 1996 to 2006 for former public employee versus the private sector workers at age 65, after adjusting for workers with similar characteristics of education and experience: “The [...]

READ MORE »
Posted in Economics, Political - Tagged , ,

CALIFORNIA TAKES A HUGE LEAP TOWARD DEFAULT

Mar16
2011 3 Comments Written by Chriss W. Street

California tax payers just took a huge punch in the nose from the same actuaries who provided the cover for state politicians to spike public employee retirement benefits. The latest shocker comes from California State Controller John Chiang who today unveiled a new actuarial report that shows California faces another unfunded debt of $59.9 billion [...]

READ MORE »
Posted in Economics, Political - Tagged , , , , ,