RE: Public pension unfunded liabilities will crush the economy

You are viewing a single comment's thread from:

Public pension unfunded liabilities will crush the economy

in public •  7 years ago 

Well as of late they are at 6% which isn't awful when you look at other states like cali and wisconsin etc...Only problem is they are wrapped up in this hyper-bubble stock market just like anyone else's plan. If interest rates were allowed to normalize these funds wouldn't have to speculate so much on risky stuff. But that would collapse the American economy too. Not sure which ones better! lol

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!