Chad Aldeman's blog

  • Pensions and the Local Economy

    January 22, 2014
    Chad Aldeman
    Pensions contribute a large amount of money to local economies, but size shouldn't be the end-all argument. We need to get past discussions of size and start talking about the most effective ways to ensure retirement security for all public sector workers.
    Alternative Models
    Funding
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  • Hidden Pension Costs Help States "Balance" Their Budgets

    January 17, 2014
    Chad Aldeman
    Every state except Vermont has a balanced budget amendment, yet states have wracked up large unfunded liabilities for their pension and retiree health plans. How can both of these things be true at the same time?
    Funding
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  • Military Personnel and Federal Workers Not Immune to Pension Cuts

    January 13, 2014
    Chad Aldeman
    Like city and state governments, the federal government is facing rising pension costs and is dealing with them in similarly unproductive ways.
    Pension Politics
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  • Pension reform vs. the “California Rule”

    January 9, 2014
    Chad Aldeman
    Cities and states faced with rising pension costs have begun to search for the most effective way to balance retirement promises made to workers with the need for fiscal sustainability and employer flexibility. One such battle is currently playing out in California.
    Legal Issues
    Pension Politics
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  • Half of New York City's Teachers Won't Qualify for a Retirement Benefit

    January 7, 2014
    Chad Aldeman
    In order to cut costs and recover from the recent recession, New York City recently lengthened the vesting requirement, the time period employees need to stay in order to qualify for even a minimum pension, from five years to ten. Now, half of all new teachers in the Big Apple will not qualify for a retirement benefit.
    Mobility and Portability
    Retirement Insecurity
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