Has Connecticut Found A Solution To Underfunded Public Pensions? [Forbes]
GE Aerospace (GE)
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Source: Forbes
Classic Postcards Maps of the USA Public pensions are underfunded. Okay. I know, I know. We’ve all seen this headline before. Ad nauseum. To add to that, nothing seems to improve. Another year goes by and state employee pensions are still underfunded. The numbers don’t lie: at the close of 2016, the cumulative pension funding deficit stood at $1.4 trillion—the 15 th annual increase in pension debt since 2000. It’s not like the states aren’t trying to make up the shortfalls. In fact, contributions to pensions from state taxpayers doubled since 2000. Apparently, to no avail. It’s like listening to an endless repeating loop of hold music. Your ears stop listening after a while. The State of the State: Connecticut Well, not everyone’s ears. State policy makers living with the implications of these deficits (often not of their own making) are listening carefully to proposed solutions. One state that is paying particularly close attention is Connec
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