If no action is taken, the combined liability of the three major state pension funds will be more than 5.5 times as large as total state tax revenue around 2012-2013…The combined liability for each working-age adult could triple to over $10,000 in 2014.
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Should public employees earn the same retirement benefits as employees of large private companies? Continue reading
Should public employees earn the same retirement benefits as employees of large private companies? Continue reading