Tag: Pensions
Pension Tsunami
My posts on the City of Pensacola pensions caught the attention of the Pension watchdog blog, PensionTsunami.com. The author writes, “The purpose of this site…
City unfunded pension liability is up 80 percent
According to the City of Pensacola’s comprehensive financial reports, the unfunded liability for the pension funds is much greater than it was in 1998: General…
City pensions lose $38.8 million
The City of Pensacola has posted its comprehensive financial reports on its website. The Stock Market collapse has significantly hurt the city pension plans: Investment…
Holley is part of double dipping wave
Escambia County tax collector, Janet Holley, retired this month. She will take office again in January. The St. Pete Times reports that Holley is part…
State pension fund plummets
St. Pete Times reports that in the last 13 months, the state pension plan lost more than a quarter of its value, or $37.9-billion. It…
