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The Shekel - Coins, Law, and Commentary

Focusing on numismatics, and commenting upon current legal and world events, not to mention asides into the world of scuba diving, flying, and fine firearms.

Showing posts with label Pensions. Show all posts

Friday, December 05, 2025

Playing With Other People's Money Means Never Having To Say You're Sorry

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The Michigan Municipal Employees' Retirement System is on a roll. It's a losing roll, but quite a roll nonetheless. $155 million i...

5 comments:

Tuesday, December 03, 2013

Detroit Officially Goes Bankrupt

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Detroit News: Detroit eligible for bankruptcy A federal judge has ruled Detroit is eligible to file for the nation’s largest Chapter 9 b...

1 comment:

Monday, September 30, 2013

Detroit's Politicians Did Dirty Deeds For Dirt Cheap

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It's often said that the definition of an honest politician is a politician that once bought stays bought. In Detroit, the amazing par...

Friday, May 17, 2013

Problem: Detroit's Pension Plans Badly Underfunded. Solution: Send The Trustees To Hawaii!

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With pensions underfunded by at least $600 million, two of Detroit's public pension funds sent four trustees to Hawaii. The Detroit Fr...

1 comment:

Friday, July 27, 2012

Public Sector Pension Follies: Wayne County Edition

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As Instapundit often writes concerning the subject of public pensions : Something that can’t go on forever, won’t. One can expect that the...

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