State Could Privatize Major Assets to Pay Pension Debt
Faced with large pension debts, state leaders are contemplating privatizing major assets, including substantial real estate, in an effort to drum up funds.
Report: Many State Pension Systems Have Huge Funding Gaps
A public employee pension crisis for state governments has deepened to a record level even after nearly nine years of economic recovery for the nation, according to a study released Thursday, leaving many states vulnerable if the economy hits a downturn.
