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Iliya Atanasov

American Citizenship, Opportunity
February 24, 2017

Study: Inefficient Public Pension Investment Costs Taxpayers About $100 Million A Year

Local systems forfeited some $2.9 billion over 30 years by not investing with PRIM, probably billions more if fees and compounding are included Read coverage of this report in the Boston Herald, The Bond Buyer, and Associated Press. BOSTON – The commonwealth should...
American Citizenship, Opportunity
February 5, 2015

STUDY: MA Public Pension Systems Unprepared for Next Recession

Actuarial assumption adjustments clarify which funds are troubled and which are more stable BOSTON – Almost five years after the stock-market bottom, Massachusetts public pension systems’ investments had not yet fully recovered to pre-crisis levels while liabilities increased to new records, leaving...
American Citizenship, Opportunity
February 5, 2015

Study: Massachusetts Public Pension Systems Unprepared for Next Recession

Actuarial assumption adjustments clarify which funds are troubled and which are more stable BOSTON – Almost five years after the stock-market bottom, Massachusetts public pension systems’ investments had not yet fully recovered to pre-crisis levels while liabilities increased to new records, leaving...
American Citizenship, Opportunity
November 21, 2014

Study: “Fair Market Valuation” of Pension Liabilities Neither “Fair” Nor “Market”

Study Shows “Fair Market Valuation” of Pension Liabilities Neither “Fair” Nor “Market” Method ignores risk and capital structure, does not provide valid and reliable estimates of retirement-plan liabilities BOSTON – Using government-bond yields as a discount rate to evaluate the liabilities of...
American Citizenship, Opportunity
November 12, 2014

Study: Public Pension Liabilities Are Undervalued by Tens of Billions of Dollars

Historical Market Performance of Asset Classes Held by Retirement Funds Indicates Public Pension Liabilities Are Undervalued by Tens of Billions of Dollars Assets in pension funds’ portfolios have historical market returns of 6-7 percent annually rather than 7-8 percent typically assumed; state...
American Citizenship
June 6, 2014

Worcester Telegram & Gazette: Avoid fate of the Land of Lincoln

This op-ed appeared in the Worcester Telegram & Gazette on June 5, 2014. Illinois is often considered a basket case when it comes to obligations for public pensions and retiree health care liabilities, but really how far is Massachusetts from a similar status?...
American Citizenship, Opportunity
January 15, 2014

Delaying the Funding of Public Pensions May Cost up to $26.4 Billion

State leaders’ 2010 decision to postpone the deadline for full funding of the state and teachers’ retirement systems from 2025 to 2040 may cost taxpayers up to $26.4 billion.
American Citizenship, Opportunity
November 21, 2013

Have the MBTA’s Retirement Plans Gone Off the Rails?

Study Finds Lack of Transparency and Chronic Underfunding Among Reasons For Sharply Deteriorating MBTA Retirement Plans’ Finances MBTA Retirement Fund does not post complete financial statements or board minutes online, isn’t subject to state pension regulations BOSTON – The MBTA Retirement Plan’s...
American Citizenship, Opportunity
July 16, 2013

Introducing MassPensions.com - New Site Rates MA's 100+ Pension Systems

User-Friendly Online Tool Provides Easily Accessible Data, Rates Performance Of Commonwealth’s 100+ Public Pension Systems Pioneer Institute is unveiling the MassPensions data accessibility tool that provides year-by-year comparative data and ratings for the performance of each of the commonwealth’s more than 100...