The Urban institute, a historically bipartisan think tank, held a - TopicsExpress

The Urban institute, a historically bipartisan think tank, held a press event with Orrin Hatch last week touting Hatch’s proposal to replace public sector defined benefit plans with insurance annuities. With funding provided by the Arnold Foundation, Urban developed a sophisticated web-based toolkit to evaluate pensions on a range of issues. While the toolkit itself is not without merit, there is absolutely nothing in their modeling that suggests that Hatch’s proposal could provide a secure retirement, yet they cited their toolkit as justification for endorsing a dubious scheme. bit.ly/1uz2cx1

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