Thursday, February 18, 2010

U.S. state pension funds have $1 trillion shortfall: Pew | Reuters

About all those well paid state and federal workers – now we have to pay for their retirement too???

 

 

U.S. state pension funds have $1 trillion shortfall: Pew | Reuters

WASHINGTON

Thu Feb 18, 2010 12:15am EST

WASHINGTON (Reuters) - U.S. states face a total shortfall of at least $1 trillion in their funds for employees' pensions and retirement benefits, and their financial problems are quickly mounting, according to a report released by the Pew Center on the States on Thursday.

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