US. Why We Need To Keep Politics Out Of Public Pensions
Public pensions are a vital part of American workers’ long-term financial health. Whether they are police officers, firefighters, teachers, or the public servants of our states, counties, and cities, they depend on the 6,276 public pensions across the U.S. to safeguard their hard-earned money. Together, these funds are tasked with managing trillions of public workers’ retirement savings.
Public pension funds are incredibly underfunded. Today, less than one third of public pensions are adequately funded using optimistic actuarial assumptions; no state would be considered adequately funded under market-based measures.
Read More: Forbes
