Category Archives: Breaking News

Unfunded Pension Liability up to $95B from $83B

Breaking news!
The governor’s office has updated its pension numbers over the past week. With the state’s largest retirement system expecting to earn less on its investments, the state’s unfunded pension liability now stands at $95 billion. That’s up from the previous figure of $83 billion. And it will only grow without significant reform to the current pension system.

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