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PERA: Rolling in dough, or rolling the dice?

Tuesday, March 30, 2010

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In a recent Wall Street Journal op-ed, Andrew Biggs of the American Enterprise Institute neatly summarized the problems inherent in public employee pension plans such as our own PERA. The article (http://www.aei.org/article/101814) pointed out that the actuarial assumptions embedded in the projected funded ratios of these multi-billion dollar structures, which are meant to have sufficient assets to […]

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My thoughts on the mayor’s speech

Wednesday, June 3, 2009

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One of the few perks available to the Mayor of Colorado Springs is, one hopes, a speechwriter.  If not, Mayor Lionel Rivera would have been obliged to labor late into the night to produce many thousands of words of flat, turgid prose. If he did, my sympathies!  And if he didn’t, speaking as one with a demonstrated ability to […]

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