Pension funds: Woe is us | Arkansas Blog

Thursday, November 20, 2008

Pension funds: Woe is us

Posted By on Thu, Nov 20, 2008 at 6:54 AM

Private pension funds want relief from federal laws that require infusions of capital when values fall below sound levels. The drumbeat of expected bad news about public pension fund values in Arkansas raises again the question I raised days ago. I know there's a lot of money in those funds. But are the values at actuarily sound levels? And will the funds be asking for state money to maintain that soundness if the market collapse continues? If they do, where's the money going to come from?

These are not panic questions, just prudent ones.

Oh, wait, I know. We'll approve a bunch of corporate tax cuts, like Denny Altes proposed yesterday. THAT will trickle down prosperity on us all, right?

From the ArkTimes store


Comments (9)

Showing 1-9 of 9

Add a comment

Subscribe to this thread:
Showing 1-9 of 9

Add a comment

More by Max Brantley

Readers also liked…

  • Deputy killed, police chief wounded in Sebastian County. Suspect in custody

    40/29 TV reports that two law officers were shot about 7 a.m. today near Hackett in Sebastian County and at mid-afternoon came word that one of them had died. Later in the day a suspect was taken into custody in the shooting.
    • Aug 10, 2016
  • Is Arkansas in or out on Kobach voter data effort?

    The Washington Post has published a map that counts Arkansas as among states that will "partially comply" with a sweeping request for voter data by the so-called election integrity commission set up by Donald Trump in an effort to cast doubt on Hillary Clinton's 3 million-vote popular defeat of him in 2016.
    • Jul 2, 2017
  • Satanic Temple: Make Rapert pay for Ten Commandments monument

    A petition drive has begun to encourage a demand that Sen. Jason Rapert pay for the legal fees in defending his Ten Commandments monument proposed for the state Capitol grounds. It's more work by the Satanic Temple, which has fought church-state entanglement around the country.
    • Aug 28, 2016

Most Shared

Most Viewed

Most Recent Comments


© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation