The Pew Center On The States is funded by a pile of cash left behind an early American business family, the members of which are long dead. Several decades ago, a group of do-gooders convinced that government was the best way to accomplish charitable works (never mind government’s much greater overhead than traditional charities) wrested […]

This article from the Pension Rights Center compiles a list of private sector employers who have reduced their “defined benefit” retirement plans so far this year. It’s pretty long.
“Defined benefit” plans are structured to pay out retirement benefits regardless of the plan’s ability to pay - a recipe for eventual plan collapse. Nevada’s government offers […]