Latest Fact-Checks In Pensions

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Vincent
Vincent "Buddy" Cianci
stated on September 21, 2014 an interview on WPRI-TV's "Newsmakers."
"In 2001 and '02 . . . we had the pension system funded at (the) 100% level in that year, and we did for two years at that point."
False
By C. Eugene Emery Jr. • September 28, 2014
Angel Taveras
Angel Taveras
stated on August 19, 2014 a commercial
Says Gina Raimondo's "venture capital firm secured a secret no-bid contract funded by taxpayers."
Mostly False
By C. Eugene Emery Jr. • September 14, 2014
Gina Raimondo
Gina Raimondo
stated on August 26, 2014 a debate
"The pension fund in the city of Providence is only 30 percent funded, about the same level as when he [Taveras] took office."
Mostly True
By C. Eugene Emery Jr. • August 31, 2014
Truth in Accounting
Truth in Accounting
stated on August 4, 2014 a recent report
Each Georgia taxpayer would have to send $5,000 to the treasury to cover the state’s debt.
Mostly False
By April Hunt • August 27, 2014
Scott Walker
Scott Walker
stated on July 21, 2014 a news article
Says his "Act 10 reforms" have "saved the taxpayers some $3 billion."
Mostly True
August 20, 2014
Seth Magaziner
Seth Magaziner
stated on July 13, 2014 a debate on WPRI-TV
Rhode Island's state pension system "underperformed the median three out of the four years that Mr. [Frank] Caprio was in office."
Mostly True
By C. Eugene Emery Jr. • August 3, 2014
Allan Fung
Allan Fung
stated on June 26, 2014 a letter to taxpayers
Cranston's 2014-2015 "budget funds 100 percent of the local police and fire pension and other retiree benefit costs."
Mostly True
By C. Eugene Emery Jr. • July 9, 2014
Don Balfour
Don Balfour
stated on April 15, 2014 campaign flier
"I am the only senator who turned down the state pension plan for part-time legislators."
True
By Nancy Badertscher • April 28, 2014
Scott Walker
Scott Walker
stated on April 1, 2014 an interview
A poll taken "a few months ago" found "70 percent approval or higher" for the Act 10 collective bargaining law.
False
April 6, 2014
Daniel Harrop
Daniel Harrop
stated on December 15, 2013 an appearance on WPRI-TV's Newsmakers
"We see a quarter-billion dollars in a pension fund that needs to be funded at $1.2 billion."
Mostly True
By C. Eugene Emery Jr. • February 9, 2014
Paul Ryan
Paul Ryan
stated on December 19, 2013 an interview
Members of the military don’t "contribute toward their pension."
True
January 12, 2014
Gina Raimondo
Gina Raimondo
stated on October 21, 2013 a fundraising letter.
"Providence has more of its pension fund invested in hedge funds and is less transparent" about it than the state.
Mostly True
By C. Eugene Emery Jr. • November 3, 2013
Republican Party of Florida
Republican Party of Florida
stated on October 30, 2013 a YouTube attack ad
As CFO, Alex Sink oversaw "a $27 billion loss in the state's pension fund."
Half-True
By Julie Kliegman • November 1, 2013
Michael Turner
Michael Turner
stated on April 22, 2012 a news release
Some "20,000 Delphi salaried retirees lost up to 70 percent of their pensions" as a result of "political favoritism and backroom deals."
Half-True
By Stephen Koff • September 24, 2013
Doug Miller
Doug Miller
stated on May 21, 2013 a Texas House floor debate.
Says less than half of 1 percent of all the Texas legislators who ever served draw "a benefit" from pensions tied to the salaries of state district judges.
False
By W. Gardner Selby • June 13, 2013
13th District GOP slate
13th District GOP slate
stated on May 31, 2013 A primary election campaign mailer
"New Jersey’s once-broken pension system is now solvent."
Half-True
By Caryn Shinske • June 9, 2013
Frank Caprio
Frank Caprio
stated on May 19, 2013 an appearance on "10 News Conference"
Since Gina Raimondo took office, investment fees on the state's pension portfolio "have gone up from about $12 million annually to about $50 million."
Half-True
By C. Eugene Emery Jr. • June 2, 2013
Portland Public Schools
Portland Public Schools
stated on January 22, 2013 a letter to Portlanders
Says "PPS employees have paid their own PERS contributions for many years."
True
By Janie Har • March 26, 2013
Bruce Hanna
Bruce Hanna
stated on March 6, 2013 a floor speech
Says, "The Democrats' proposed budget is also balanced by using more in new tax revenue than in total PERS reform or savings."
False
By Janie Har • March 23, 2013
Will Weatherford
Will Weatherford
stated on March 5, 2013 remarks on first day of session
The Legislature needs to spend $500 million to "shore up" the pension fund this year and the next 28 years to keep it "afloat."
Half-True
By Katie Sanders • March 11, 2013
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