Posted on 02/20/2011 7:57:04 PM PST by GreaterSwiss
The state employee pension fund is well endowed with $64,000,000,000 in assets, so it seems the sunshine review is a little off on this one. http://www.swib.state.wi.us/wrs_news201101.pdf
It’s not only referring to the pension fund...
At any rate, what are their liabilities?
2% unfunded liability as a percentage of covered payroll.
You may like this - http://downloads.pewcenteronthestates.org/The_Trillion_Dollar_Gap_final.pdf It’s Pew, so it’s bias but the numbers match up with the States.
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