31 JUL

The Pension Hole for U.S. Cities and States Is the Size of Japan’s Economy

Many retirement funds could face insolvency unless governments increase taxes, divert funds or persuade workers to relinquish money they are owed. The problem, once a hypothetical, would hit retirees for whom it’s too late to engineer a Plan B.

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.