Rewarding essential workers? Sure. Borrowing unknown sums of money to do so? Not so great.
Forbes post, “Public Pension Roundup: Reform And Regression”
Florida, Kentucky, Illinois, Massachusetts, and New York: some are improving their pensions, some are worsening their finances.
Forbes post, “Pensions In A Pandemic: Is One Man’s Bailout Is Another Man’s Pension Funding Relief?”
Public pensions, mult-employer, single-employer, church plans: where do you draw the line between reasonable relief and bailout, and if there are pension bailouts to be had, who should get them?
Forbes post, “GM, Pension Funds, And The Temptations Of Big Pots Of Money”
A New York State politician uses his power as GM shareholder, via a public pension fund he controls, to try to prod the company to make concessions to the union. You good with that?