Keyword: financialsolvency

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Keyword: financialsolvency

Stanford: Public Pension Debt Jumps 84%, to $4.8 trillion

05/11/2016 6:54:55 AM PDT · by george76 · 8 replies
Breitbart ^ | 11 May 2016 | Chriss W. Street

the public pension debt for the 50 states and the District of Columbia jumped 84 percent in recent years, from $2.625 trillion in 2008 to $4.833 trillion in 2014. ... The highest pension debt/household is in Alaska, with an estimated $113,137 figure; Illinois and California are in the second and third highest rankings at more than $77,000 per household.” The lowest state pension debt per household is in Tennessee at $17,761. Illinois has the lowest “market funded ratio” (value of pension assets divided by market liability), at 23.3 percent. The other 49 U.S. states and Washington, D.C. have a market...

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