Public Pensions are Still Marching to Their Death What are the political reasons public pensions are underfunded If the pension problem is political, what steps would have to occur to remedy the problem
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After reading the Dorfman article, Public Pensions are Still Marching to Their Death What are the political reasons public pensions are underfunded If the pension problem is political, what steps would have to occur to remedy the problem? Do you think such a remedy will ever take place? If you do not see a remedy for the situation, what do you predict will happen to public pensions in the future?
Q. 1 what are the political reasons public pensions are underfunded? There are various political reasons behind public pensions getting underfunded. The government thought to use the large amount of pension funds in some productive manner that could give them the immediate returns instead of paying it off in the pension funds that are not paying them any immediate benefits....