MAY 3, 2017
ORIGINAL SOURCE: California Public Pension Shortfall One Of Nation’s Largest (Kentucky, New Jersey, Illinois, Colorado The Worst) by Anthony B Sanders of a nthonybsanders.wordpress.com on 5/3/2017
As Baby Boomers retire in masses, the pension costs will continue to explode. The unfunded liabilities are unprecedented and the gap is widening against the assets at an alarming rate.
"Why didn’t state governments plan for this pension explosion? And what happens if asset bubbles burst?"