Thursday, February 24, 2011

"What do Wisconsin, Indiana, Ohio and California have in common? Public employee pension problems, minus the rancor"

"In California the Legislative Analyst Office pegs the estimated medium-term unfunded liabilities for government employee pensions at $136 billion—in the next 10 years taxpayers will be on the hook for somewhere between $325 - $500 billion to fill shortfalls in all pension funds."

KPCC has this report

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