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Latest Center for State and Local Government Excellence Stories

2014-06-05 12:27:50

WASHINGTON, June 5, 2014 /PRNewswire-USNewswire/ -- The Center for State and Local Government Excellence 2014 report of state and local government pension funding finds that many plans are still recovering from the effects of the 2008 economic downturn. Written by Alicia H. Munnell, Jean-Pierre Aubry, and Mark Carafelli of the Center for Retirement Research at Boston College, The Funding of State and Local Pensions 2013-2017 surveyed 114 state and 36 local plans. Its key findings include:...

2014-04-25 16:22:51

WASHINGTON, April 25, 2014 /PRNewswire-USNewswire/ -- A new report from the Center for State and Local Government Excellence and the National Association of State Retirement Administrators gauges the effects of changes in state pension plans on the retirement income of retirees. Effects of Pension Plan Changes on Retirement Security calculates the projected initial retirement benefit of state and local employees before and after recent modifications were made to pension design and financing....


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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