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The State of Politics: Wisconsin Public Pension System is 100% Funded

Wisconsin Public Pension System is 100% Funded The fund, managed by the Department of Employee Trust Funds, is ranked among the best in the nation. By Steven Walters - May 24th, 2021 03:42 pm //end headline wrapper ?>Wisconsin State Capitol. Photo by Mariiana Tzotcheva. Bad news: The Social Security Trust Fund is on track to be wiped out by 2034. More bad news: Unfunded state government pension liabilities in neighboring Illinois totaled $317 billion in mid-2020 – the worst in the nation when measured against a state’s gross domestic product, according to Moody Investors Service. Great news: Wisconsin’s public pension system, administered by the Department of Employee Trust Funds (ETF) with assets managed by the State of Wisconsin Investment Board (SWIB), is one of the best-funded pension systems in the nation.

Teresa Ghilarducci: To Fix Retirement, Expand Social Security

The labor economist and author discusses the country's retirement crisis, guaranteed retirement accounts, and what behavioral finance gets wrong.

The World s Master Diabolitician Calls the Shots on the Extermination of Human Populations

Jacques Attali Una Piccolo Pandemia Permettera Di Instaurare Il Governo Mondiale “A Small Pandemic Will Allow The Establishment Of A World Government” Few people know the name of the world’s master diabolitician who has called the shots over the past 40 years for the globalist/socialist agenda that is now unfolding. The revelation that in 1981 a French economist, socialist and political advisor, Jacques Attali, said that the burden of providing for the burgeoning population retirees in western nations would force an economic crisis that would bring on the planned extermination of older people via a “pandemic targeting certain people… a … Continue reading →

America s retirement riddle

© Getty Images “Retirement age for U.S. Social Security benefits set at 75 years.” While that’s not the news headline today, it certainly could be in the not-too-distant future. With Social Security trust funds projected to be insolvent in 2035, America is again facing its retirement riddle. When the Social Security Act was enacted in 1935, the minimum age for receiving retirement benefits was 65 years, which was higher than life expectancy at birth for men and women, 60 and 64 years, respectively. With 7 percent of the U.S. population aged 65 years or older at that time, there were 10 people in the working age group 15 to 64 years for each person aged 65 and above. 

The roadmap for Biden s infrastructure plan goes back to 1956

The roadmap for Biden s infrastructure plan goes back to 1956
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