The Pension Hole for U.S. Cities and States Is the Size of Japan's Economy

Many retirement funds could face insolvency unless governments increase taxes, divert funds or persuade workers to relinquish money they are owed. The problem, once a hypothetical, would hit retirees for whom it’s too late to engineer a Plan B.

from WSJ.com: What's News US https://ift.tt/2mRSskC