Director of Credit Analysis
Stoever Glass & Co., Inc.
P: (862) 432-8818
GOVERNMENT PENSION FUNDS MAY BE STRONGER THAN YOU THINK
Detroit’s and Puerto Rico’s financial melt-downs highlighted attention to benefits which will continue to be paid long after this fiscal year. Governments could pay pension benefits for 10-15 years or more even with unfunded liabilities as high as 50%. This is the case, even if government contributions are not made.
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