Thursday, April 15, 2010

The Teacher Pension Nightmare

The Teacher Pension Nightmare
"Pension and retirement plans all over America have lost value.
Plans covering public school teachers, by their own admission, are underfunded by $332 billion.
However, the plans' real funding gap is far worse than their financial statements show, at nearly a trillion dollars--and you and I will bear the burden of covering their shortfall."

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