Public Pension Plans Face Billions in Shortages
Across the nation, a number of states, counties and municipalities are courting trouble with the way they manage their pension funds. It is hard to know the extent of the problems, but by one estimate, state and local governments owe their current and future retirees roughly $375 billion more than they have committed to their pension funds.
http://www.truthout.org/issues_06/080806LA.shtml
http://www.truthout.org/issues_06/080806LA.shtml
rudkla - 9. Aug, 12:20
