The problems of many state pension funds are well documented here and elsewhere. However, how funds got into trouble is less well-known. We worry about
Tag: public pensions
The public union pension promise – “nobody did the math”
Once again we have an example of too much of a good thing in the public sector. I think it’s fair to say that public
Underfunding state employee pensions … can you afford to do otherwise?
This from Bloomberg.com Christie’s $29.7 billion budget for fiscal 2012 funds only 14 percent of the pension payment recommended by actuaries, even after his benefit
