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State of Michigan Pension Pages

State of Michigan Pension Pages. Tuesday, March 5, 2013. 2012 MPSERS Financial Statement Released. Thirty days late is better than never; the MPSERS Annual Report has been posted. You can view the report here. Upon first review there is good news and bad news. I'll provide a detailed analysis once I've worked through all 111 pages. A few notable items jumped to the front including:. Funded ratio (using the "smoothing" accounting trick) has fallen to 64.7% (pg.36). There is little to no likelihood of reve...

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State of Michigan Pension Pages | pensionfacts.blogspot.com Reviews

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State of Michigan Pension Pages. Tuesday, March 5, 2013. 2012 MPSERS Financial Statement Released. Thirty days late is better than never; the MPSERS Annual Report has been posted. You can view the report here. Upon first review there is good news and bad news. I'll provide a detailed analysis once I've worked through all 111 pages. A few notable items jumped to the front including:. Funded ratio (using the smoothing accounting trick) has fallen to 64.7% (pg.36). There is little to no likelihood of reve...

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State of Michigan Pension Pages | pensionfacts.blogspot.com Reviews

https://pensionfacts.blogspot.com

State of Michigan Pension Pages. Tuesday, March 5, 2013. 2012 MPSERS Financial Statement Released. Thirty days late is better than never; the MPSERS Annual Report has been posted. You can view the report here. Upon first review there is good news and bad news. I'll provide a detailed analysis once I've worked through all 111 pages. A few notable items jumped to the front including:. Funded ratio (using the "smoothing" accounting trick) has fallen to 64.7% (pg.36). There is little to no likelihood of reve...

INTERNAL PAGES

pensionfacts.blogspot.com

1

State of Michigan Pension Pages: Senate Bill 1227 (SB 1227) Is A Fix Worth Implementing

http://pensionfacts.blogspot.com/2010/04/senate-bill-1227-sb-1227-is-fix-worth.html

State of Michigan Pension Pages. Saturday, April 17, 2010. Senate Bill 1227 (SB 1227) Is A Fix Worth Implementing. The reforms proposed by SB 1227. Currently embedded in the system. The MEA is fighting this reform with the statement SB 1277 will not solve Michigan's budget crisis. The MEA misses the point; SB 1277 is just one of MANY changes that MUST be made to ensure we address current and future budgetary problems. Encourage our state representatives to support SB 1277. Back to my main page. From that...

2

State of Michigan Pension Pages: January 2009

http://pensionfacts.blogspot.com/2009_01_01_archive.html

State of Michigan Pension Pages. Thursday, January 29, 2009. Michigan Teachers Pension Fund Lost $9.2 Billion in 2008. Why this is not headline news is a mystery. Regardless, MPSERS (Michigan Public School Employees' Retirement System) details a $9.2 BILLION loss in asset value on page 19 of the report (image below), it is in the second line of the third paragraph. MPSERS - Michigan Teachers' Pension Fund Lost $9.2 Billion in 2008. The deceptive "funded ratio" is seen on page 18 of the document:. MPSERS ...

3

State of Michigan Pension Pages: February 2008

http://pensionfacts.blogspot.com/2008_02_01_archive.html

State of Michigan Pension Pages. Monday, February 11, 2008. Pension Deficit Now $31 Billion. The page reproduced below is page 46 from the state audit ( which you can find here. Subscribe to: Posts (Atom). Back to my main page. This data is a link from my main blog. This site contains posts of specific pages from the audit of the pension fund. The blog link back is here: ( Schools, Politics, and Common Sense. View my complete profile. Pension Deficit Now $31 Billion.

4

State of Michigan Pension Pages: October 2007

http://pensionfacts.blogspot.com/2007_10_01_archive.html

State of Michigan Pension Pages. Thursday, October 25, 2007. The letter which details the one time adjustment in the pension fund. Note, this is a one time adjustment and does not address the structural problems which will cause the state required school contribution to jump from 16.72% this year (2007/2008) to over 20% next year. For the Birmingham School District this will cost nearly $2.15 million or $266 per student - which state funding will not cover or support. Subscribe to: Posts (Atom).

5

State of Michigan Pension Pages: March 2013

http://pensionfacts.blogspot.com/2013_03_01_archive.html

State of Michigan Pension Pages. Tuesday, March 5, 2013. 2012 MPSERS Financial Statement Released. Thirty days late is better than never; the MPSERS Annual Report has been posted. You can view the report here. Upon first review there is good news and bad news. I'll provide a detailed analysis once I've worked through all 111 pages. A few notable items jumped to the front including:. Funded ratio (using the "smoothing" accounting trick) has fallen to 64.7% (pg.36). There is little to no likelihood of reve...

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roblawrence.blogspot.com

Schools, Politics, and Common Sense: Common Core Support

http://roblawrence.blogspot.com/2013/09/common-core-support.html

Schools, Politics, and Common Sense. A collection of thoughts, letters, and comments about schools, taxes, what works, what doesn't and what might. Monday, September 23, 2013. In an attempt to address the political bluster that has infected the conversation regarding the common core efforts, Chester Finn Jr. And Michael J. Petrilli. Both from the Fordham Institute. Offer some common sense insights. More to the point, why do we keep electing them? Posted by Rob Lawrence. Subscribe to: Post Comments (Atom).

messamoney.blogspot.com

MESSA'S EARNINGS: November 2007

http://messamoney.blogspot.com/2007_11_01_archive.html

Shedding Light on Michigan Education Special Services Association. Saturday, November 24, 2007. Yes Virgina, MESSA does EARN money! Gary needs to look at his organizations IRS tax return; on line 72 it shows NET EARNINGS of over $68 million in 2005. That's pretty good if you're a business, but MESSA is supposed to be, and claims to be. Just click on the image to make it bigger. The lines highlighted show accumulated profits and earnings. Subscribe to: Posts (Atom). Links and Other Information.

messamoney.blogspot.com

MESSA'S EARNINGS: The Fleecing of Michigan’s Teachers and Public Employees

http://messamoney.blogspot.com/2009/04/fleecing-of-michigans-teachers-and.html

Shedding Light on Michigan Education Special Services Association. Monday, April 20, 2009. The Fleecing of Michigan’s Teachers and Public Employees. Of all other choices. It's simple math, Blue Cross makes a markup, then MESSA makes it mark up and the cost goes up. MESSA's balance sheet (show below) quantifies the true cost of this manipulation. As of the most recent audit ( full 2008 report here. From MESSA’s own 2007 financial statement ( page 11 of MESSA financial statement. About that $28 million in ...

messamoney.blogspot.com

MESSA'S EARNINGS: Yes Virgina, MESSA does EARN money!

http://messamoney.blogspot.com/2007/11/yes-virgina-messa-does-earn-money.html

Shedding Light on Michigan Education Special Services Association. Saturday, November 24, 2007. Yes Virgina, MESSA does EARN money! Gary needs to look at his organizations IRS tax return; on line 72 it shows NET EARNINGS of over $68 million in 2005. That's pretty good if you're a business, but MESSA is supposed to be, and claims to be. Just click on the image to make it bigger. The lines highlighted show accumulated profits and earnings. Subscribe to: Post Comments (Atom). Links and Other Information.

messamoney.blogspot.com

MESSA'S EARNINGS: February 2008

http://messamoney.blogspot.com/2008_02_01_archive.html

Shedding Light on Michigan Education Special Services Association. Monday, February 11, 2008. MEA LM2 Report - MEA Directors 14% pay hike. And includes the ability to do a name search. Otherwise, you can review the pages below (it may be small, you can print by clicking on the printer icon in the upper right side of the window below):. Subscribe to: Posts (Atom). Links and Other Information. State of Michigan Pension Pages. Schools Politics and Common Sense. MESSA's Expensive Administration Costs.

messamoney.blogspot.com

MESSA'S EARNINGS: MEA LM2 Report - MEA Directors 14% pay hike.

http://messamoney.blogspot.com/2008/02/mea-lm2-report-mea-directors-14-pay.html

Shedding Light on Michigan Education Special Services Association. Monday, February 11, 2008. MEA LM2 Report - MEA Directors 14% pay hike. And includes the ability to do a name search. Otherwise, you can review the pages below (it may be small, you can print by clicking on the printer icon in the upper right side of the window below):. Subscribe to: Post Comments (Atom). Links and Other Information. State of Michigan Pension Pages. Schools Politics and Common Sense. MESSA's Expensive Administration Costs.

messamoney.blogspot.com

MESSA'S EARNINGS: April 2009

http://messamoney.blogspot.com/2009_04_01_archive.html

Shedding Light on Michigan Education Special Services Association. Monday, April 20, 2009. The Fleecing of Michigan’s Teachers and Public Employees. Of all other choices. It's simple math, Blue Cross makes a markup, then MESSA makes it mark up and the cost goes up. MESSA's balance sheet (show below) quantifies the true cost of this manipulation. As of the most recent audit ( full 2008 report here. From MESSA’s own 2007 financial statement ( page 11 of MESSA financial statement. About that $28 million in ...

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State of Michigan Pension Pages

State of Michigan Pension Pages. Tuesday, March 5, 2013. 2012 MPSERS Financial Statement Released. Thirty days late is better than never; the MPSERS Annual Report has been posted. You can view the report here. Upon first review there is good news and bad news. I'll provide a detailed analysis once I've worked through all 111 pages. A few notable items jumped to the front including:. Funded ratio (using the "smoothing" accounting trick) has fallen to 64.7% (pg.36). There is little to no likelihood of reve...

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