Study: Capital City’s pension plan one of worst in U.S.
by MBJ Staff Published: January 17,2013
Tags: city, employee benefits, funding, health insurance, municipal, municipality, pension, rank, retire, retiree, retirement, shortfall, study, survey
JACKSON — Sixty-one key cities across America, including Jackson, have emerged from the Great Recession with a gap of more than $217 billion between what they had promised their workers in pensions and retiree health care and what they had saved to pay that bill, according to a report released by The Pew Charitable Trusts. The [...] [...]
