Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Retirement Plan Consultant
Cetera Retirement Plan Specialists logo
Cetera Retirement Plan Specialists
(Telecommute)
401(k) Associate
Blue Ridge ESOP Associates logo
Blue Ridge ESOP Associates
(Charlottesville VA / Telecommute)
ESOP Administrator
Blue Ridge ESOP Associates logo
Blue Ridge ESOP Associates
(Charlottesville VA / Telecommute)
Retirement Plan Administrator
Steidle Pension Solutions, LLC logo
Steidle Pension Solutions, LLC
(Lebanon (Hunterdon County) NJ)
Retirement Plan Administrator
SPS logo
SPS
(Telecommute)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

<< Previous news item   |   Next news item >>



[Opinion]

"[T]he magnitude of the pension crisis is so large in some states that instead of implementing meaningful reforms, including reforms on governance to bolster defined-benefit plans, they're looking for more federal bailouts. As states, cities, municipalities and private companies go over the pension cliff, it will place enormous pressure on budgets, reallocating resources away from public services.... [But] all this talk of pension crisis and debt crisis is way overdone. The real crisis remains a jobs crisis. Developed economies are simply not creating enough good paying jobs with benefits."
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020 BenefitsLink.com, Inc.