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

Favorite

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…

  • IHOP coming down, but .....

    I always scan the Little Rock City Board for items of interest this week and this one caught my eye: A zoning measure required by a proposal to tear down the IHOP at Markham and University.
    • Apr 30, 2016
  • Antwan Phillips wants to make a difference in reducing Little Rock violence

    KARK/Fox 16's push to do something about Little Rock violence includes a spotlight on people trying to make a difference — in this episode Antwan Phillips, a lawyer at Wright, Lindsey and Jennings.
    • Aug 30, 2017
  • Kenneth Starr: A comment from Betsey Wright

    Betsey Wright, former President Bill Clinton's chief of staff when he was Arkansas governor, responds bitterly to a New York Times article today quoting Whitewater Prosecutor Kenneth Starr's warm words about Clinton. She can't forget the lives Starr ruined in Arkansas.
    • May 24, 2016

Most Shared

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation