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Cost Of Government Pensions Soaring Under Inflation
Washington report highlights rising inflation and wages driving future federal pension costs hundreds of billions beyond funds set aside. It cites unfunded liabilities, such as 1983 projections, and questions on how much workers should contribute and how costs are financed over generations.
MENTIONED IN THIS ARTICLE
Washington
New York City
Board of Actuaries of the
Civil Service Retirement System
Actuaries
Civil Service
H. L. Krieger
General Accounting Office
Congressional
Civil Service Retirement Fund
Congress