Includes “The U.S. public sector pension system is hurtling toward a catastrophic and potentially unavoidable collapse. That’s the implication of two recently-released reports assessing the fiscal soundness of the state-run retirement plans. … Though it threatens to hobble state and local governments in the not-so-distant future, the pension situation remains under-addressed by the Washington political class. They should start paying attention. The last thing we need is another national crisis that catches the U.S. government off guard. …”
Read the full article on: The American Interest