Understanding Public Pension Debt

By Robert Sarvis, Competitive Enterprise Institute

STATE GOVERNMENT PENSION DEBT burdens labor markets and worsens the business climate. To get a clear picture of the extent of this effect around the nation, this paper amalgamates several estimates of states’ pension debts and ranks them from best to worst.

Washington’s Next Big Bailout

The Wall Street Journal

Labor unions like to promote their generous defined-benefit pensions. Yet when these benefits prove unsustainable, workers can lose their jobs and retirement savings. The kicker is that taxpayers may soon be tapped to perpetuate this double fraud.