Phil323 Wrote:
Apr 24, 2012 5:01 PM
For a while now we’ve seen that pension liabilities are severely underreported (http://on.wsj.com/qB3BON), and in the end, it’s the taxpayers that suffer as a result, especially in states like Illinois (http://nyti.ms/p9JEUG). Until these compensation contracts aren’t hijacked by unions and partisan politics (http://bit.ly/o2vxdp), these issues will continue to persist until inevitable insolvency.