Wsj Your Money Briefing

U.S. Public Pensions: Victims of Rosy Future Predictions?

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Sinopse

Heard on the Street editor Spencer Jakab explains how overconfident economic predictions may have contributed to the current scenario where U.S. state and local pensions have less than 73% of the assets they need to fund future obligations. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.