Wednesday, October 20, 2010

11 state pension funds that may run of out money: Tech Ticker,

 

Illinois is just 8 years away from exhausting its pension fund and creating a yearly $14 billion hole, according to data from Joshua Ruah an associate professor of finance at the Kellogg School of Management at Northwestern University.

That's a projected 32 percent of the state's revenue going to fill a pension hole. Every year.

Click on the following for more details:  11 state pension funds that may run of out money: Tech Ticker, Yahoo! Finance

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