Washington - Budget & Finance
PEW: 61 City Retirement Systems Faced $217B Gap in Fiscal 2009
Wednesday, January 16, 2013
Print
Email
Reprints

Sixty-one of the largest U.S. cities in the nation came out of the Recession facing a gap of more than $217 billion between the pension and health care benefits they promised to pay workers and the funds they saved to pay those bills, a new report by the Pew Charitable...

To continue reading, log in, register or subscribe below.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

markets
markets
markets

Social

twitter
facebook
linkedin

Opinion

Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

Upcoming Events

the bond buyer conferences
Already a subscriber? Log in here
Please note you must now log in with your email address and password.