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Download full textBarro, Josh – Center for State and Local Leadership, 2011
In 2010, the pension plans of state and local governments came under increased scrutiny in response to their generally weak financial positions and mounting costs to taxpayers. By some measures, these funds are as much as $3 trillion short of the assets they would need to cover the promises they have made to government workers and retirees.…
Descriptors: Federal Government, State Government, Local Government, Government Employees
