Unfunded Liabilities

Pioneer’s research on Massachusetts’ unfunded liabilities seeks to advance pension reforms that provide fair and sustainable retirement support. Our current pension system has enormous unfunded liabilities and provides incentives that are not in line with the private sector. A reformed pension system would limit unfunded liabilities, provide benefits consistent with private sector plans, and offer incentives to attract a qualified state workforce. In 2012-13, we are releasing a ten-part series focusing on this topic.

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