The Phony “Public Pension Crisis” and the Continuing Attack on Public Sector Workers

The Phony “Public Pension Crisis” and the Continuing Attack on Public Sector Workers

  1. You can start with Dean Baker’s paper which lays out best how phony this “pension crisis” really is: http://www.cepr.net/documents/publications/pensions-2011-02.pdf
  2. Then you can bookmark the site for Baker’s Center for Economic & Policy Research: www.cepr.net
  3. Next, there’s solid empirical information at the site for the National Association of State Retirement Administrators: www.nasra.org
  4. And there’s also lots of good data at Boston University’s Center for Retirement Research: www.crr.bc.edu
  5. Two more research centers which put out lots of good articles and data on the public sector are the Economic Policy Institute, at www.epi.org; and the Center for American Progress, at www.americanprogress.org
  6. Of course, California’s two largest public pension funds each have excellently informative websites — CalPERS is at www.calpers.ca.gov; and CalSTRS is at www.calstrs.ca.gov.
  7. Finally, there are many good periodicals with occasional articles on pensions and the latest phony “public sector crisis” of the week, including

                www.thenation.com
                www.prospect.org
                www.inthesetimes/working.com
                www.benefitslink.com
                www.capitalandmain.com, where Pulitizer Prize winning Gary Cohn holds forth.

Just in — a report on a new study of the phoniness of the supposed “public pension crisis”: http://pando.com/2014/01/30/the-pension-heist-how-politicians-raid-retirement-funds-to-enrich-their-corporate-masters/

Bill Sokol | February 3, 2014

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