The current PERS unfunded liability is likely much higher than the state’s estimate of 14 Billion dollars according to a new report from State Budget Solutions (a think tank) which shows it as high as 75 Billion dollars. When the Federal Reserve stops printing money and the stock market declines, the PERS unfunded liability grows even larger, just like what happened in 2008.
oregoncatalyst.com/25037-oppose-grand-bargain.html...alyst)
No comments:
Post a Comment