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NASRA Response to Bloomberg Article (PDF)
National Association of State Retirement Administrators [NASRA]
[Opinion] Mar. 11, 2009
2 pages. Excerpt: Re: Hidden Pension Fiasco May Foment Another $1 Trillion Bailout, Bloomberg, March 3, 2009. The Bloomberg article on public pensions falls into some of the same traps as many other pension-related critiques: ignoring important countervailing evidence; failing to place the size and scope of public pension issues into their proper context; and mistakenly applying a few bad examples to the entire public pension community.
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