The Pew Center on the States wrote in The Trillion Dollar Gap (February 2010), “A $1 trillion gap exists between the $3.35 trillion in pension, health care and other retirement benefits states have promised their current and retired workers as of fiscal year 2008 and the $2.35 trillion they have on hand to pay for them.”
Link to article
I needn't say how this impacts me . . . a couple of years ago I was thinking that this state retirement deal was too good to be true. And so it is.
No comments:
Post a Comment