Taxpayers and Public Workers Face a “Brutal Awakening” on Pension Debt

In Politics by Michael Rae

A recent article in The Economist asserts that trillions of dollars of unfunded pension liabilities—mainly driven by poor actuarial practices—will eventually pose a “brutal reckoning” for public workers in the United States and put the retirement security of public employees at risk if timely and informed changes are not made.
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