Why are Pensions so Messed Up

A few days ago, I was reading Felix Salmon’s piece Pension politics. (Nice title, the type that Tadas likes — the shorter the better.) I wrote a short response in the comments, largely agreeing with Felix. Here it is: Here are the facts: 1) DB pension funding accounting rules are more liberal than life insurance […] View the full post at: Why are Pensions so Messed Up Related posts: Bye, Bye Pensions, Goodbye Executives Pensions Increase by More Than 50% Ridiculous Ideas About Fiscal Stimulus