Public Pensions Burden on Taxpayers Grows Across U S
The Associated Press reports rising public pension costs threaten city, state, and federal finances. Per capita tax burdens reach about 170 dollars with unfunded liabilities totaling hundreds of billions nationwide and billions more expected in coming years.
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Associated Press
United States
National Taxpayers Union
Federa
Taxpayers Union
Boston
Pittsburgh
Los Angeles
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Chicago
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New York City
John Naveen & Co
Massachusetts
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California
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New York State
Pension Costs Rise As Public Plans Face Strain
A congressional task force reports 6,141 public pension plans covering 15.3 million workers as of 1975. Benefits exceed contributions in many cities with rising costs from longer life spans and early retirements. Federal plans grant the broadest cost of living adjustments, adding to unfunded debt.
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Congressional
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Robert Tilove
Martin E. Segal Co
New York
Bernard Jump
Syracuse University
Detroit
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Nixon
Washington
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Jump
Washington, D.C
Los Angeles
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Millwood Pike
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