||0 of 0 people found the following review helpful.| Good, easily understood look at the public pension crisis, but a major issue missed.|By TDOMotFT|Politicians + Public Employee Labor Unions + Pensions = A toxic mixture for taxpayers. McQuillan does a good job of laying out the situation. Billions of unfunded pension liability. Foolish political decisions in the past to raise pension benefits to unaffordable levels. No inc||
“Mayors, governors, and other policymakers around the country are struggling to maintain services while paying for the skyrocketing costs of public employee retirement benefits. California Dreaming explains why it is so difficult to solve th
California’s unfunded public pension liability, when measured correctly, is two to four times larger than official government estimates. In total, California’s 86 defined-benefit public pension plans are underfunded by roughly $430 billion, representing California’s greatest financial challenge since the Great Depression. The failure to fully fund the pension promises has allowed the current generation to receive public services that they are not ... [PDF.hj52] California Dreaming: Lessons on How to Resolve America's Public Pension Crisis Rating: 3.88 (536 Votes)
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You can specify the type of files you want, for your device.California Dreaming: Lessons on How to Resolve America's Public Pension Crisis | Lawrence J. McQuillan. A good, fresh read, highly recommended.
