Great Article on Public Pensions

Today’s Albuquerque Journal included an excellent article by Bloomberg writer Joe Mysak on the major problems facing underfunded public pensions. The Rio Grande Foundation has done some work on the issue of underfunded pensions in New Mexico including this policy paper.

The paper on pensions cited in the opinion piece can be found here. The simple truth is that the problem can either be resolved through political leadership while there is still time or in the form of an ugly budget crisis as we are seeing in Greece.

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