fbpx
Print Friendly, PDF & Email

A public pension used to be an ironclad promise.

That is no longer the case.

Many cities and states can no longer afford the unsustainable retirement promises made to millions of public workers over many years. By one estimate they are short $5 trillion, an amount that is roughly equal to the output of the world’s third-largest economy.

A Pension Hole the Size of Japan’s Economy

Leave a Reply

Your email address will not be published.