Will Pension Plans Run Out of Money?

Will Pension Plans Run Out of Money?
That's because of an innocuous and easily overlooked column called the Run-Out Date.
That is the calendar year when the pension trust fund would be projected to literally run out of money under the proposed governmental accounting standards methodology for evaluating the funding condition of public pension plans.
GASB kibitzers call it the "depletion date."

Now do I have your attention?
Running out of money -- completely -- is a pretty big deal where I come from.
That's the pension equivalent of the collapse of a Ponzi scheme.
This is far worse than Social Security which can at least pay 75 cents on the dollar to the next generation under its current design.