As many as 31 states could see their pension plan assets dry up by 2030, this according to a new study from the Kellogg School of Management at Northwestern University.
In a new research paper titled: Policy Options for State Pensions Systems and Their Impact on Pension Liabilities,” Associate Finance Professor Joshua Rauh explains that the large and daunting group of troubled states pension funds “are headed for run outs and financial disaster,” an Aug. 19 announcement said.
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