Category Archives: Pensions

Buckeye Institute 2013 Fall Lecture Series

All events in this lecture series are free of charge, and registration is simple! Look below for our full list of events and details coming this Fall! Fall Lecture Series Events Thursday, October 10, 11:30am: Worse Than You Think: A Luncheon Discussion of …

Posted in Health Care, Pensions, Taxes | Leave a comment

Ohio Pensions Aren’t Like Detroit, But More Reform Needed

As Detroit facing bankruptcy, many public employees are nervously waiting to see what exactly will happen to their generous pensions.  After all, the Motor City simply can’t pay them and, unfortunately for those workers, they were lied to for years …

Posted in Government, Pensions | Leave a comment

Fairness and Flexibility Not Addressed in Pension Reform

The General Assembly just passed a significant package of reforms for each of the five public pension systems in Ohio.  While each bill was somewhat different, in general, the changes included: * modifying cost of living adjustments, * increasing the number of …

Posted in Pensions | Leave a comment

Pension Reforms Can Help Employment Flexibility

In calling for fundamental pensions reform Buckeye has argued that only a shift from defined benefit plans to defined contribution, or hybrid, plans must be considered if Ohio is to move beyond the old, “Blue Model” of organization that no …

Posted in Government, Pensions | Tagged , | Leave a comment

Several Ohio Pensions Decline Under New GASB Standards

The Government Accounting Standards Board (GASB) has just adopted new rules for the calculation of pension liabilities.  This move has been long expected.  It has also been long dreaded by most public sector pensions because as the Wall Street Journal …

Posted in Government, Pensions | Tagged | Leave a comment

Demystifying a Big Road Block to Real Pension Reform

Meaningful public pension reform requires moving from defined-benefit (DB) pension systems, where taxpayers bear all the risk and public sector employees reap benefits not available in the private sector, to 401(k) like defined-contribution (DC) plans that more equitably allocate risk …

Posted in Government, Pensions | Tagged , | Leave a comment

What do the Wisconsin results mean for Ohio?

This is a question a lot of people are asking themselves in light of Wisconsin Governor Scott Walker’s strong victory in the recall election Tuesday night. I offered some thoughts and reactions for ABC 6/Fox 28 here in Columbus yesterday …

Posted in Government, Labor, Pensions, Public Sector Reform | Tagged , , , | 3 Comments