U.S. public retiree benefits gap grows to $1.38 trillion

(Reuters) - The funding gap for U.S. state public employee retirement benefits climbed by $120 billion to $1.38 billion in fiscal 2010, according to a report released on Monday.


The report comes at a time when many voters and politicians already claim that compensation for public employees is bloated.


The Pew Center on the States said that public pension systems in 34 states were funded at less than the 80 percent level that is considered the threshold for a healthy pension. That's in stark contrast to 2000, when more than half of the states' pension plans were 100 percent funded.


"The larger (the shortfalls) are, the higher the cost for taxpayers today and for many years to come," said David Draine, a Pew senior researcher, who compared many states to credit card holders who hadn't paid their bills in full but kept racking up charges.

 

Read Full News

 

Resources for YOU:

Bookmark and Share

Write a comment

Comments: 20
  • #1

    christian louboutin official website (Wednesday, 27 June 2012 02:47)

    Thank you for your article, I have been looking for this for a long time

  • #2

    prada outlet (Wednesday, 27 June 2012 02:48)

    I love reading your information good. I can provide you with invaluable news.

  • #3

    supra skytop shoes (Wednesday, 27 June 2012 02:50)

    I am glad I found this website, it is the correct information for you,thanks!

  • #4

    Coach Factory Outlet Online (Sunday, 01 July 2012 19:51)

    Discontent is the gear up.

  • #5

    Coach Factory Outlet Online (Sunday, 08 July 2012 22:52)

    The pros and cons of the people always depend on to go its own.

  • #6

    coach purses (Thursday, 12 July 2012 21:02)

    Life is a grand meet.If you know how, please cherish.

  • #7

    Coach Diaper Bag Outlet (Tuesday, 07 August 2012 04:37)

    it makes people also righteousness.

  • #8

    Cheap Chanel Handbags (Thursday, 15 November 2012 20:47)


    The worst way to miss someone is to be sitting right beside them knowing you can't have them. No man or woman is worth your tears, and the one who is, won't make you cry. Maybe God wants us to meet a few wrong people before meeting the right one, so that when we finally meet the person, we will know how to be grateful.Just because someone doesn't love you the way you want them to, doesn't mean they don't love you with all they have. dcyh000061116

  • #9

    beats by dre cheap (Monday, 19 November 2012 09:05)

    and he hopes to use the system give full play to the team's attack ability. But from the pre-season tour to the next class, the lakers told the performance of the brown, Princeton really not suitable for them.sxlfalpprw1119

  • #10

    Tiffany & Co Outlet (Thursday, 22 November 2012 21:00)

    Styledrops.world wide web can be an online company that can has a entire type of trustworthy Prada clutches that are shipped in completely Prada per se

  • #11

    Juicy Couture Outlet Online (Thursday, 22 November 2012 21:01)

    When the whole world is about to rain, let’s make it clear in our heart together.

  • #12

    nike shoes uk (Friday, 07 December 2012 09:02)

    Many of them are rife with spelling problems and I find it very troublesome to inform the reality nevertheless I will definitely come back again.

  • #13

    split evenly for each (Wednesday, 26 December 2012 02:17)

    That’s a great site you folks have been carrying out there.

  • #14

    payday loans online no credit check (Tuesday, 09 April 2013 01:28)

    I continuously keep on coming to your site again just in case you have posted new contents.

  • #15

    instant bad credit personal loans (Saturday, 04 May 2013 06:32)

    I was searching the blogs for a long time and that is good to know that I have found such blogs here. Great working! Keep it up!

  • #16

    http://www.lainaakulutusluotot.fi/lainaa-ilman-luottotietoja/ (Saturday, 29 June 2013 05:30)

    I’m eager to find the valuable information and for me this is the right place to get the good stuff.

  • #17

    mata (Monday, 06 January 2014 01:20)

    Wonderful stuff. Bundle of thanks!!!

  • #18

    partnerrückführung (Friday, 13 January 2017 06:32)

    nieplażujący

  • #19

    anonse towarzyskie (Monday, 16 January 2017 17:32)

    miesiączkując

  • #20

    szczegóły (Wednesday, 18 January 2017 23:20)

    wmarznięty

Help

tumblr visitor stats