• HOME :
  • NEWS :
  • THE LONG BULL MARKET HAS FAILED TO FIX PUBLIC PENSIONS

The long bull market has failed to fix public pensions

APRIL 10, 2019 | by Heather Gillers | THE WALL STREET JOURNAL

Maine’s public pension fund earned double-digit returns in six of the past nine years. Yet the Maine Public Employees Retirement System is still $2.9 billion short of what it needs to afford all future benefits to all retirees. ‘If the market is doing better, where’s the money?’ said one of these retirees … The same pressures Maine faces are plaguing public retirement systems around the country.

NEWS

Create your own charts

VIEW LESS