Friday, May 01, 2020

From 2019, much worse today!-----$5.2 Trillion Of Government Pension Debt Threatens To Overwhelm State Budgets, Taxpayers

Does NOT include retiree health insurance or ballooning municipal debt/borrowing!
$5.2 Trillion Of Government Pension Debt Threatens To Overwhelm State Budgets, Taxpayers

  • Government Pension Liabilities May Total $5.2 Trillion Nationwide

"Pension Tracker, a project of the Stanford Institute for Economic Policy Research led by former California State Assemblyman Joe Nation, Ph.D., is out with its updated assessment of the nation’s unfunded state and local government pension fund liabilities. 
It’s not a pretty picture—especially if you live in Alaska, California, Connecticut or Illinois where your per household pension debt ranges from $102,084 to $76,398...
Read all!Government Pension Liabilities May Total $5.2 Trillion Nationwide

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