Thursday, February 18, 2010

US states' pensions underfunded by $1 trillion.

The worst state is Illinois, which is short $48 billion: http://www.nytimes.com/2010/02/18/business/economy/18pew.html
Today's New York Times also has an article describing how US retirees are becoming itinerant workers to get by: http://www.nytimes.com/2010/02/18/us/18campers.html

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