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IPFS News Link • Economy - Economics USA

Economists: State, local pension funds understate shortfall by $1.5 trillion or more

• Washington Post
The pension funds for state and local workers in the United States are understating the amount they will owe workers by $1.5 trillion or more, according to some economists who have studied the issue, meaning that the benefits are much costlier than many governments and taxpayers thought. 

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