The Pension Crisis is Worse Than We Thought

The Pension Crisis is Worse Than We Thought | Via Meadia:
"America’s pension crisis may be much worse than we thought.
A new report from State Budget Solutions looks at each state’s pension liabilities using a lower estimate of the rate of return than the states use themselves, and found that the country’s plans are underfunded by $4.1 trillion, and only 39 percent funded overall. "