And we thought federal deficit spending was bad enough for adding to our children’s debt.
A new report from the Heartland Institute sounds a dire warning about the massive unfunded liability of state and local government pension plans. By one estimate, “the unfunded collective burden of these pensions at between $750 billion and $1.75 trillion.” Others [...]
Archive for May 5th, 2010
05 May
Unsustainable pension plans
Posted in Colorado, Local Government, Peoples Press Collective by: Amy
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