Public pension shortfalls misrepresented in budget-crisis debate

Some policy-makers have begun to call for drastic reductions of public sector pensions as a way to ease state budget woes. A new report from the Center for Economic and Policy Research (CEPR) puts this issue into better perspective: The main reason public pension shortfalls exist at all is the downturn in the stock market following the housing crash in 2007-2009, not inadequate contributions.

Click here for report: “The Origins and Severity of the Public Pension Crisis”

Did you like this? Share it:

One Response to “Public pension shortfalls misrepresented in budget-crisis debate”

  1. Sudesha Natarajan says:

    Thanks for sharing your thoughts.


Comments about Public pension shortfalls misrepresented in budget-crisis debate are welcome. Off-topic comments and other violations of our community guidelines may be withheld or removed. Comments do not appear immediately after posting.

Leave a Reply