Tag: PEPTA

PEPTA: Why NLC Opposes this Bill

This is the fourth and final part of the series on the Public Employee Pension Transparency Act of 2013, also known as PEPTA.   Why does the National League of Cities oppose a bill that ostensibly would bring greater transparency to public employee pensions, and ensure that they are fiscally sound and sustainable? Simply put, the Public

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PEPTA: Linking State and Local Government Pensions and Municipal Bonds

This is the third in a four part series on the Public Employee Pension Transparency Act of 2013, also known as PEPTA.   To “protect” the federal government from any responsibility for state or local fiscal problems, Reps. Nunes, Ryan and Issa, in the House, and Sens. Burr, Coburn and Thune, in the Senate, have introduced

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PEPTA: A Bill in Search of a Problem

This is the second in a four part series on the Public Employee Pension Transparency Act of 2013, also known as PEPTA.   Many members of Congress have expressed the belief that many state and local pension plans are about to fail, and that cities and towns across the nation are about to default on their

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Rep. Nunes and Sen. Burr Introduce PEPTA: Another Threat to Municipal Bonds

This is the first in a four part series on Public Employee Pension Transparency Act of 2013, also known as PEPTA. More and more, Congress appears to be considering legislation that is based on anecdotal and inaccurate information and not on good public policy or the facts. That certainly was the case when the House last

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