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The Pension Crisis: What Happens When the Authorities Give Up? | John Moorlach

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The Pension Crisis: What Happens When the Authorities Give Up? | John Moorlach
Views 1.1K
Jul-11-2022
According to a recent report by the American Legislative Exchange Council, California’s unfunded pension liabilities are estimated to be at $1.5 trillion—about $38,000 of debt for each Californian. What are unfunded pension liabilities, and why do we have so much of it? We guarantee that our government employees will receive a s...
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