Pension-fund trustees have a fiduciary responsibility to maximize investment returns and should not be bound by "socially responsible investing."

Is it really ethical for public unions, who's salary comes from tax payers, to contribute to political campaigns?

An analysis of why current public sector pension accounting standards understate liabilities and encourage excessive risk-taking

Many government employees are paid up to 30 percent more than those in the private sector.

When a benefit liability must be paid with 100 percent certainty, a plan should be considered "fully funded" only when it is capable of paying it with 100 percent certainty. Market valuation satisfies this criterion, while current accounting standards do not.

A January 2012 report by the Congressional Budget Office (CBO) shows that federal government employees receive substantially higher compensation than similarly skilled workers in the private sector. The report’s methodology and conclusions are broadly similar to previous studies from both The Heritage Foundation and the American Enterprise Institute.

It is a view as ubiquitous as it is simplistic: To improve public education, pay teachers more—a lot more. Union officials, education reformers, scholars, laypeople, and politicians of all stripes endorse this principle in one form or another.

Some public pension plans want to hide the truth from taxpayers.