Your Retirement on WYPR
Many of us envy those who have public pensions. Public pensions produce income during retirement – sometimes elevated levels of income that far exceed Social Security benefits. But while having a pension is wonderful, it’s not so great when there’s a governmental bankruptcy, which can put those pension benefits at risk. According to a report released by the Pew Charitable Trusts, many pension funds for public workers already owe far more in retirement benefits than they have in the bank.
Your Retirement on WYPR
Pension Problems
0:00 0:00/ 0:00
0:00/ 0:00