Pension Woes May Deepen Financial Crisis For States

Publication: NPR - Weekend Edition

Author: Tamara Keith


// - There's a looming U.S. financial problem that's big, is getting larger and could threaten the solvency of some states. From Connecticut to California, pension funds for teachers, firefighters and other public employees are severely underfunded.

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recent report from the Pew Center on the States put the tab for unfunded pension liabilities at $452 billion.

To listen to the full story or to follow NPR's week-long series on the pensions crisis, visit npr.org.


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