Tag: baby boomers
The brief’s key findings are: Early Baby Boomers were hit hard by the financial crisis. But, over their careers, markets have treated them well: they have enjoyed 9-percent returns on equities; and they have fared much better than either Late Boomers or Gen Xers. Gen Xers have faced the worst investment climate, but Late Boomers…
Introduction It is generally agreed that each generation of taxpayers should pay the full cost of the public services it receives. If a public employee’s compensation includes a defined benefit pension, the cost of the benefit earned in that year should be recognized, and funded, at the time the worker performs that service, not when…
