Monday, May 02, 2011

Faulty Public Pension Accounting: A Problem too Big to Ignore

Faulty Public Pension Accounting: A Problem too Big to Ignore
"American Federation of State, County & Municipal Employees head Gerald McEntee told The Washington Post that state pension funds “ are not only persevering but are well on their way to full recovery.”

If you believe that, I’ve got a bridge to sell you.

For more on government employee pensions, see here."

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