Monday, August 31, 2009

The Roots of Pittsburgh Renaissance

I just refer those who have not seen it to Mike's thoughts over on Pittsblog on the Story Behind Pittsburgh's Revitialization. I think he about covers it all... but promises a part II??

and I hate to say this.. but I just caught a recent article that points to much bigger problems with how actuaries play with the numbers for public pension plans, even more so than for private sector pension plans.  If applied locally would paint an even gloomier pension outlook for us (and everyone else for the record).  But see: The Liability and Risks of State Sponsored Pension Plans.


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