Tag: Debt|Demographics|Guaranteed Retirement Account|Poverty|Public pension plans|Social Security|Statistics
America’s Looming Pension Shock
At a recent Governing Leadership Forum in Lansing, Michigan Budget Director John Nixon told a packed room about Gov. Rick Snyder’s plans to overhaul his state’s public-pension system. Michigan’s governor is, of course, far from alone in trying to deal with the public sector’s pension crisis.
