Quote:
Originally Posted by cal828
http://www.pewstates.org/research/re...ap-85899371867 Here is some interesting reading on state pensions. The people that did this report claim to be non-partisan and pension problems seem to be a problem for all except a handful of states, no matter which party dominates the state legislature.
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pensions are getting hammered because interest rates are in the toilet. and it's been heading that way for years. but promises were made, so they're in horrible shape.