US state pension funds are having to find more and more ‘innovative’ ways of funding their deficits. In Oregon the pension deficit at the end of 2016 equivalent to $5,000 per Oregon resident. Measures being considered include privatizing universities, increasing taxes on alcohol and expanding the national lottery
As taster of the breadth and depth of the pension issues in the United Sattes government sector the website www.pensiontsunami.com provides and ongoing dialogue with the issues in California.
This article was attributed and provided by PG International