Tag Archives: State Budget Solutions

Rahm Emanuel Illustrates Why Public Pension Funds Ought To Be Eliminated

Rahm Emanuel Illustrates Why Public Pension Funds Ought To Be Eliminated

America has a pension crisis. Pension funds for teachers and public workers around the nation are in trouble, falling well short of funding levels needed to pay out benefits into the future. Nationally pensions are facing an estimated $4.6 trillion in shortfalls, with the average pension fund only 41% funded, according to State Budget Solutions.

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