X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The gap between what state governments have promised employees in pension benefits and the funding to meet those obligations widened to $914 billion at the end of 2012, according to The Pew Charitable Trusts. When promises by local governments were factored in, the total pension debt was over $1 trillion.

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.