Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
AimPoint Pension
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Public Pensions in Bankruptcy Court
The New York Times; subscription may be required [Opinion] Apr. 14, 2013
"While a Supreme Court decision would help clarify an important area of the law, a drawn-out court case is the last thing Stockton needs. The way to get the city back on its feet is for city officials, creditors and retirees to negotiate a fair settlement quickly. Sophisticated investors and bond insurers have to recognize that they made terrible decisions when they lent the city money during the bubble years and will have to take big losses. Retirees, especially those who were awarded unsustainably generous pensions and health care benefits, should also come to the table by forming a committee, as the bankruptcy judge recently suggested."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |