Tag Archive for: Pensions
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Pensions on Target to Fall of Fiscal Cliff
The pensions in the United States, United Kingdom, Japan, The Netherlands, Canada, Australia, China and India will have a projected unfunded liability of $428 Trillion dollars by 2050. That figure does not, and I repeat does NOT include…
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All Pensions Will Have Difficulty Keeping Their Promises
Public pensions are in trouble. The $1.9 trillion shortfall in U.S. state and local pension funds is poised to grow even more onerous. Why is there such a looming and growing problem? Here are a few reasons why:
First, for decades politicians…
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The Most Important State Expenditures
In your opinion what is the most important expenditure for your state government? Education? Welfare? Crime Prevention? Health care / Medicaid? Environment? Infrastructure like roads and bridges? Whatever your answer is, I bet it…