Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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State and Local Pensions Plans Are on a Path to Failure
The Washington Post; subscription may be required [Opinion] Jan. 3, 2010 "The stock market's plunge since the Dow Jones industrial average hit an all-time high of 14,164 on Oct. 9, 2007, has cost state pension funds hundreds of billions of dollars. The hardest-hit states are those, such as California, Illinois and New Jersey, that made the most lavish underfunded promises. Still even relatively responsible states such as Virginia and Maryland have been hit hard." |
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