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Economics

Contributing Scholar: Joshua D. Rauh

Kicking the Can: Concealing Budget Shortfalls by Underfunding Pensions

Pension funds are using unrealistic assumptions about their future pension returns, concealing shortfalls that will eventually have to be paid for with benefit cuts or higher taxes.

Kicking the Can: Concealing Budget Shortfalls by Underfunding Pensions
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“Unfunded Pension Debts of U.S. States Still Exceed $3 Trillion” by Joshua D. Rauh

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Up Next Risky Business: Hoping High Returns Fund The Pension Gap

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Kicking the Can: Concealing Budget Shortfalls by Underfunding Pensions

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