Thursday, February 18, 2010

States facing remaining bills for pensions

At, they look at the debt that Michigan tax payers are facing where funding for pensions for state employees health care falls short. This is up to $50 billion in unfunded pensions and retiree healthcare. Michigan is not the only state facing this problem, California is facing a debt of $122 billion and Illinois is facing a debt of up to $94 billion. Read more about it here.

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