FrankRep
03-07-2011, 10:08 AM
http://thenewamerican.com/images/stories2011/10aMarch/money-t.001.jpg
State and local pensions are underfunded by at least $1.5 trillion and perhaps even more, the Washington Post divulged in a detailed examination of the crisis that quoted critics who think the expected rates of return on pension investments way too high, and that the figure could be as much $1.9 trillion or even higher.
State Pension Plans Fall Trillions Short (http://thenewamerican.com/index.php/usnews/politics/6582-post-story-state-pension-plans-trillions-short)
R. Cort Kirkwood | The New American (http://thenewamerican.com/)
07 March 2011
State and local pensions are underfunded by at least $1.5 trillion and perhaps even more, the Washington Post divulged in a detailed examination of the crisis that quoted critics who think the expected rates of return on pension investments way too high, and that the figure could be as much $1.9 trillion or even higher.
State Pension Plans Fall Trillions Short (http://thenewamerican.com/index.php/usnews/politics/6582-post-story-state-pension-plans-trillions-short)
R. Cort Kirkwood | The New American (http://thenewamerican.com/)
07 March 2011