Pension Shortfalls Reach the Trillions

WSJ Your Money Briefing

Extended lifespans, unrealistic investment expectations and excessive promising by politicians are among factors that have led to a hole in U.S. state and local pensions rivaling the GDP of Japan. Wall Street Journal reporter Sarah Krouse explains. (Update: Moody's now estimates the pension hole is around $4 trillion, not $5 trillion as originally reported.)


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

2018-08-01 6 min

Available Results

Generated results are saved to your library for reuse and search.

No generated results are available for this episode yet.

Transcript

No transcript is available for this episode yet.
Sign in to generate a transcript for review.
Sign in

Chapters

No chapters available.