Friday, February 28, 2014

Unfunded Pensions

I found out yesterday that the state has about $3 billion in unfundedliability in teachers' and state workers' pensions, which will eat up ourfuture if we don't do something about it now. So far, I haven't heardabout any plans to make a difference. Although there are 20 other stateswith the same problem, we need to get serious about this now, or we willend up like California, who are in too deep to dig themselves out.

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