Not really.

Here is a Charlie Mitchell column in the Clarion-Ledger about PERS. It includes:

While PERS is far more solvent than Social Security, Uncle Sam’s program for senior citizens, there are some question marks.

Bad analogy. Uncle Sam can print money to pay Social Security benefits. Literally. Mississippi can’t print money. You can’t compare

In Saturday’s WSJ, Jason Zweig discussed the unrealistic investment assumptions in the nation’s public pensions, which includes Mississippi’s PERS.  The opening:

With U.S. stocks at all-time highs, it’s more important than ever that investors be brutally realistic about future returns.

Some of the most purportedly sophisticated investors in the world, the managers of giant pension