| The $3 Trillion Challenge
Barrett, Katherine; Greene, Richard
Governing, October 2007, online edition
"The growing anxiety over pension plans and their funding has been exacerbated lately by a new accounting rule that makes clear the huge liabilities states and localities have built for post-retirement health care. There isn’t a direct link between pensions and other post-employment benefits but the funding comes from the same place, leading to tension between funding pension plans and funding other post-employment benefits." The article is based on research by the Pew Center on the States (PCS), a division of the Pew Charitable Trusts. Katherine Barrett and Richard Greene are correspondents for Governing.
Go to the article at:
http://www.governing.com/articles/10pension.htm
C25/06-07. Posted November 9, 2007
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