Government Pension Plans Are Headed For Disaster: Moody's – ValueWalk Premium
Pensions

Government Pension Plans Are Headed For Disaster: Moody's

The combined debt held by U.S. public pension plans will top $1.7 trillion next year, according to a just-released report from Moody’s Investors Services.

This “pension tsunami” has already forced towns like Stockton, California and Detroit, Michigan into bankruptcy. Perhaps no government mismanaged their . . .

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