When there’s public outcry over something -- whether it’s gun control or apartheid -- states and cities reevaluate what their pension plans invest in. But should they be social investing at all?
For most states, the new government accountability rules eliminate the main substantive barrier to moving toward less costly defined-contribution plans.
We’re trying to use financial risk-management tools to solve political problems. That’s putting the people who manage public money in a tenuous position.
Is your state ready for Marketplace open enrollment in October 2013?
In a few short months, millions of uninsured Americans will qualify for affordable healthcare coverage either through Medicaid, CHIP or tax subsidies.
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