Rosy Assumptions Could Derail Pennsylvania Public Pension Reform Efforts

Buried in the debate about how to fix Pennsylvania’s myriad state and municipal pension problems is the concern that many, like Pittsburgh, are even more underfunded than reported because of overly optimistic rates of return. Pension boards often turn a blind eye to the issue because facing it would require contributing even more money to the systems at a time when fully funding plans already seems overwhelming. Download Rosy Assumptions Could Derail Pennsylvania’s Public Pension Reform Efforts to read more.