NYTimes: Battle Looms Over Huge Costs of Public Pensions

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ericschwerin@yahoo.com

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2010-08-07 00:21:32

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Hunter Biden <hbiden@rosemontseneca.com>

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From The New York Times:

YOUR MONEY: Battle Looms Over Huge Costs of Public Pensions

State and local governments promised their retirees at least $1 trillion more in benefits than they have in their pension plans, leading to battles over who should pay to fill the gap.

http://nyti.ms/cqYEPa

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Eric D. Schwerin
eschwerin@rosemontseneca.com

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