Personal Finance Advice and Commentary

Monday, May 12, 2014 7:30 am
By Jennie L. Phipps ·

Are public pensions too rich? A lot of readers don’t think so. I share some of their comments to a recent blog post.

Tuesday, May 06, 2014 3:39 pm
By Jennie L. Phipps ·

Calculate what your pension might be if you worked for the government.

Thursday, December 05, 2013 1:19 pm
By Jennie L. Phipps ·

Detroit municipal workers and Illinois state employees worry their pensions may pay less than promised.

Monday, April 29, 2013 5:20 pm
By Jennie L. Phipps ·

The financial outlook of public pensions appears to be improving along with the economy.

Friday, January 11, 2013 5:31 pm
By Barbara Whelehan ·

This week Illinois staged its own “fiscal cliff” drama on a smaller scale and with a different ending.

Sunday, September 30, 2012 6:00 am
By Jennie L. Phipps ·

Solve the public pension dilemma by equalizing public and private pensions so taxpayers don’t have pension envy.

Tuesday, April 26, 2011 4:19 pm
By Jennie L. Phipps ·

Here’s more bad retirement planning news for public employees and for retirees in general, especially those invested in municipal bonds. The nonprofit Pew Center on the States released a report this morning that said the gap between the retirement and health care benefits that states have promised their employees and the amount that they have