Wednesday, June 29, 2011

U.S. enters next round of public pension fight

(Reuters) - The United States is entering the next round of a nationwide boxing match over public pensions, with states approving changes to the funds, a leading municipal union challenging claims of yawning shortfalls and a research group advocating moderation.

All this comes as the Governmental Accounting Standards Board meets this week to consider how to change and strengthen pension funds' financial reporting.

More Here..

No comments:

Post a Comment

Everyone is encouraged to participate with civilized comments.