Why PERA Being Only 71 Percent Funded Is Not Enough

In Politics by Michael Rae

As of 2018, the New Mexico Public Employees Retirement Association (PERA), the largest public pension system in New Mexico, reported having about $0.71 cents for every dollar it needs to fully fund pension benefits promised to municipal and county employees.
Is not being fully funded a real problem for PERA?
While New

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