In a blink, US state and local unfunded pension liabilities jump $2.3 Trillion!

by SpontaneousDisorder www.bloomberg.com/news/articles/2018-09-27/fed-accounting-change-boosts-unfunded-pension-obligations-chart In case you missed it, the Federal Reserve’s quarterly Financial Accounts report last week included a change to accounting for state and local pension-fund programs. The central … Read more