Pensions
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The LATEST
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- Stateline Story
Tracking the Recession: Iowa, N.D. Victims of Investment Fraud
State employee pension funds, already losing billions of dollars in investment value, could be at increased risk of financial schemes during the recession.more -
- Report
- States' Fiscal Health
Promises with a Price
Pew's first 50-state analysis of the long-term costs of public sector retirement benefits found that most states had saved enough to cover about 85 percent of their long-term pension costs, but only three percent of the funds needed for promised retiree health care and other non-pension benefits.
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- Stateline Story
Pensions Pose Time Bombs for Budgets
The looming retirement of baby boomers in the state government work force is prompting fears that pension payouts will bust state budgets. Experts say states, cities and counties are short $292.4 billion in money promised through their public retirement systems, spurring efforts from Alaska to Massachusetts to reform their public pension plans. more
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- Stateline Story
States Mull Borrowing to Bolster Pension Plans
A handful of cash-strapped states plan to borrow to put money into their state employee pension systems, an idea that analysts say is a gamble that might not pay off. New Jersey first tried the approach in 1997, but California, Illinois, Kansas, Wisconsin and West Virginia might be next. more
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- Stateline Story
State Pension Funds Defy Scandal, Stock Crashes
Has the stock market crisis made you dizzy, like youve just stepped off the wildest roller coaster ride of your life? Well, if youre a retired state worker with a lifestyle tied to the ups and downs of your pension fund, take a deep breath; chances are youre going to be okay. more