10 Most Influential in the battle to decide the future of Public Pensions

Institutional Investor put together a list of their 40 people and, as far as public pensions go, I do not entirely agree.  For example, all those union officials may have influence (to the extent they bribe politicians) but as far as impacting independent thought (though not in ways I would always agree with) I would go with the group in this video:



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I have my reasons for inclusion and placement though this was kind of rushed since a major reason for this blog was to see if I could create a slideshow in wordpress (not yet) so I might have missed someone. Who would you include, exclude, or leave alone?

3 responses to this post.

  1. Posted by Tough Love on November 24, 2013 at 12:15 am

    While there are many online journalists that put forth articles on the need for material Public Sector Pension reform, the one who (in my opinion) stands near the head of the line is Ed Ring, Executive director of the California Public Policy Center. More so than most others, he clearly understands the math behind this pension crisis and demonstrates this with easily understood charts, graphs and Excel Spreadsheets that show the great magnitude of the problem and the grossly excessive generosity of current Plans that is it’s root cause.

    Perhaps his finest contribution to the debate is the following article with it’s linked “Pension Analysis Model” EXCEL Spreadsheet. It gives the average reader the ability to test and see for themselves the enormous cost of TYPICAL Public Sector pensions under any reasonable set of assumptions.*

    http://californiapublicpolicycenter.org/a-pension-analysis-tool-for-everyone/

    * In using his EXCEL Spreadsheet with the goal of getting the green-highlighted cell as close as possible to ZERO, the user needn’t do so via trial and error testing, It is MUCH more easily accomplished using EXCEL’s “goalseek” function.

    The following is a portion of his bio:

    “Ed Ring is the executive director for the California Public Policy Center where he oversees execution of the Center’s strategic plan. He is also the editor of ProsperityCalifornia.org and UnionWatch.org. Before joining the CPPC in 2012, Ring worked for Stop Special Interest Money Now, the California PAC that placed Prop. 32 on the November 2012 state ballot. Prop. 32 would have prohibited the use of automatic payroll deductions for collecting political contributions. Previously, as a consultant and full-time employee primarily for start-up companies in the Silicon Valley, Ring has done financial accounting for over 20 years, and brings this expertise to his analysis and commentary on issues of public sector finance…..”

    Reply

  2. Posted by Rover on November 24, 2013 at 2:29 pm

    Tough Love is now a boot licking Sycophant. Good to see.

    Reply

    • Posted by Tough Love on November 24, 2013 at 3:52 pm

      Let me guess …. it pisses you off that I direct the reader’s attention to someone who has materially contributed to the (pension reform) debate.

      Might you be riding this gravy train?

      Reply

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