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Filename | PensionWP.pdf |
Filesize | 3 MB |
Version | 1 Previous versions |
Date added | February 21, 2019 |
Downloaded | 11105 times |
Category | Better Government, Pensions, Unfunded Liabilities, White Papers |
Date: February 2019
Authors: Greg Sullivan and Rebekah Paxton
Despite several reform bills targeted at the Commonwealth of Massachusetts’s public pension system in recent years, the unfunded actuarial accrued liability (UAAL) has continued to rise and is drawing closer to a crisis level.