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Bailout Suggests It’s Time to Rethink Multiemployer Pensions
President Biden announced last Thursday that the government would give $36 billion to bail out the multiemployer Teamsters Central States Pension Fund. It is…
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Comments on Department of Labor Pension ESG Rule
At the end of last year, the Department of Labor (DOL) published a notice of proposed rulemaking seeking to rewrite rules on pension fund…
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Can Pensions Be Saved from Political Mismanagement?
The Department of Labor is currently working on a new rule that would give pension fund managers greater leeway in considering non-financial criteria when…
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CEI Ranks States’ Pension Debt and Analyzes the Consequences
Today, the Competitive Enterprise Institute released the first installment of CEI’s new three-part series, The High Cost of Big Labor, which looks at the economic…
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Understanding Public Pension Debt
Today, many states face budget crunches due to massive pension debts that have accumulated over the past two decades, often in the billions of dollars. State…