• HOME :
  • NEWS :
  • PENSION LIABILITIES BITE IN THE PRESENT, TOO

Pension liabilities bite in the present, too

OCTOBER 12, 2017 | by Ivan Osorio | COMPETITIVE ENTERPRISE INSTITUTE

By Ivan Osorio, includes “… What can be done about this? First, stop hiding the problem through fuzzy math. Many state pension funds used discount rates based on overly optimistic investment return projections that make pension funds appear healthier than they really are. … Second, appoint non-interested parties to state pension boards. …Third, to get out of the hole, stop digging.”

VIEW LESS