• HOME :
  • NEWS :
  • END THIS MYTH ABOUT PUBLIC PENSIONS

End this myth about public pensions

OCTOBER 22, 2018 | by Mark Glennon | WIREPOINTS (ILLINOIS)

“No, unfunded pension liabilities are not measured on the assumption that all workers retire today. … Getting that wrong is part of why some of the public doesn’t understand the scope of our pension problem. In emails and comments here, we often hear the myth repeated, to the effect that we needn’t worry about unfunded pension liabilities because they are just theoretical numbers — based on a false premise that all workers retire today.”

VIEW LESS