Report warns of coming wave of municipal pension shortfalls
By Michael A. Fletcher Washington Post Staff Writer
Tuesday, October 12, 2010; 12:12 AM
The nation's largest municipal pension plans are carrying a total unfunded liability of $574 billion, which comes on top of as much as $3 trillion in unfunded pension promises made by the states, according to a report released Tuesday.
http://www.washingtonpost.com/wp-dyn/content/article/2010/10/12/AR2010101200044.html?utm_source=Newsletter&utm_medium=Email&utm_campaign=Heritage%2BHotsheet&hpid=moreheadlines
Tuesday, October 12, 2010
More Pension Shortfalls...
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