The author is an actuary who writes about pensions. Here, she adds Reboot, Ralph Martire and the Center for Tax and Budget Accountability to her “Wall of Shame” for repeating a pension myth.
Such proposals have a long history. “On Jan. 8, 1919, Gov. Frank O. Lowden (of Illinois) delivered a message to the General Assembly recommending “a consolidation’ of pension fund assets in the state under a central state supervising board.”